Alibaba sets aside $15bn R&D war chest to be a world beater » Banking Technology

How do you try and become one of the biggest and most influential technology companies in the world? Just move the $15 billion you have stashed away into the R&D business, suggests Telecoms.com This might not be realistic for most companies, but apparently it is a goer for Alibaba. This is a company which has serious ambitions to emulate Huawei on the global stage. By 2036, the company wants to serve two billion consumers, create 100 million jobs around the world and serve ten million companies through its various platforms and services.