Part: You will hear a short extract about Alibaba.

Write NO MORE
THAN THREE WORDS and/or A NUMBER for each blank.
https://www.youtube.com/watch?v=gk69hV6LEgI

 There has been little change in the (1) _________________________________ over the past
century. But in the past decades, Alibaba has been reshaping it at an unseen pace.
 Alibaba is one of the (2) _________________________________ in the world, which has more
than 500 million people using shopping apps monthly and operates in over (3)
_________________________.
 In 2017, Alibaba was the first Asian company to pass the $400 billion (4)
________________________. It is one of the global (5) _________________________________
that transform the marketplace.
 Alibaba is made up of 3 sites namely Taobao, Tmall and Alibaba.com, which have hundreds of
millions of users, host millions of (6) _________________________________.
 Alibaba users could use Alipay to make purchases.1688.com is the popular Chinese version of
Alibaba.com and it sells (7) _________________________________ to suppliers. AliExpress sells
goods to customers outside of China.
 For buying, selling, digital payments and financing, you can do all in (8) ____________________.
 Alibaba now even includes a shipping company, a (9) _________________________________, a
movie studio and more.
 Thanks to China’s population and (10) _________________________________, Alibaba has
grown. But Jack Ma wants to dominate the world, which is why he is investing heavily in other
markets.

KEY
1. Traditional marketplace
2. Largest retailers
3. 200 countries
4. Valuation mark
5. Ecommerce giants
6. Merchants and businesses
7. Bulk orders
8. Alibaba’s platforms
9. Messaging app
10. Rising middle class