Chinese internet giant Alibaba is on course for one of the biggest floats in history. Retail Week picks out some fascinating facts about the etailer.

Founded in 1999, Alibaba is the largest online and mobile commerce company in the world in term of gross merchandise volume (GMV). The float would value the group between $115bn (£68bn) and $245bn (£144bn).

1

Alibaba takes 11.3 billion orders annually.

2

There are 231 million active buyers on the site each year.

3

There are 8 million active sellers.

4

Customers make on average 49 orders per year.

5

5 billion packages are sent out annually.

6

Mobile transactions accounted for 19.7% of gross merchandise volume (GMV).

7

The site takes 3.6 million transactions per minute.

8

There are buyers are located in 190+ countries.

9

China has the world’s largest internet population with 618 million users, according to China Internet Network Information Centre, CNNIC.