Alibaba (NYSE: BABA) is widely known as the "Amazon of China" simply because it's the largest e-commerce company in China. But Alibaba is much more than an online retailer. The company has been aggressively diversifying its revenue sources in an effort to become an ecosystem for customers to spend their money on everything from grocery delivery to concert tickets. Alibaba's revenue grew an incredible 58% year over year for the fiscal year ended in March and it expects to post 60% revenue growth for the 2019 fiscal year.