At one time, transaction-generated data (TGD) was the by product. E commerce or retailing services provided over the web was the main product. But if analysis of the TGD is used to give the company leverage in other sectors, resulting in acquisitions or entry .. . What is dog and what is tail?
According to Tsai, Alibaba’s trove of e-commerce data underpins its forays into seemingly disparate sectors from financial services and healthcare, to film, and soccer clubs—the company has already been using its data to build credit profiles for loans to individuals and businesses since 2010. “The next step is how to leverage the e-commerce data into adjacent fields,” Tsai said. “For example, if we have a lot of data on what people purchase in terms of food, groceries, as that data going to be helpful when we do healthcare? I think so.”