06:45 AM EDT, 03/31/2025 (MT Newswires) -- Alibaba Group ( BABA ) said Monday it recorded a 27% year-on-year increase in US small and medium enterprises orders during this year's March Expo.
The company said the growth was driven by key product categories, especially sports products, which saw a 30% rise.
Additionally, the company said the surge in orders reflects US small and medium enterprises' increasingly turning to digital sourcing, buying directly from suppliers instead of intermediaries.