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Daniel Zhang, chief financial officer of Alibaba Group Holding Ltd.'s Taobao.com online shopping unit, speaks at a ceremony commemorating the launch of Taobao Mall in Beijing, China, on Monday, Nov. 1, 2010. Taobao Mall features more than 30,000 major international and domestic brands. Photographer: Nelson Ching/Bloomberg via Getty Images

Daniel Zhang, chief financial officer of Alibaba Group Holding Ltd.'s Taobao.com online shopping unit, speaks at a ceremony commemorating the launch of Taobao Mall in Beijing, China, on Monday, Nov. 1, 2010. Taobao Mall features more than 30,000 major international and domestic brands. Photographer: Nelson Ching/Bloomberg via Getty Images