Think-tank Scholars: Ma Yun is Over Optimistic toward E-commerce
ANBOUND
The founder of Taobao and Alibaba, Ma Yun believed that 30% of China's retail business will be in E-commerce in the next 5 years. Anbound think-tank scholars concluded that this view is over optimistic. They said that Ma Yun's achievements made himself to become an "impulsive young boy". Due to the tremendous cost in logistics, E-commerce will possibly be evolved into an affiliated industry in the future, relying either on bank and finance sector or logistic industry.