2. Overseas business: AliExpress

"We absolutely must globalize, and it must be a success," said Zhang in his first speech since being promoted to lead the e-commerce giant, adding that international expansion will remain a top priority in the coming years.

Alibaba will continue to invest heavily in its new and existing overseas operation, including AliExpress, a cross-border online marketplace positioned to sell Chinese goods to consumers all over the world, and Tmall Global, a platform selling foreign brands directly to Chinese shoppers, Zhang said.

IPARK shopping mall in Seoul launches trial for drone delivery on Feb 9, 2015. E-commerce giants including Amazon and Alibaba are said to consider adopting the innovated technology in the future. [Photo/IC]