India’s hits a milestone of $9.9bn in the first three months of this year, India’s second-biggest e-commerce marketplace after Alibaba, has seen its revenues double to $9 billion in the last three months, according to research firm IDC.

The figure is the equivalent of about 4% of the total revenues.

The company has also grown its headcount by a third to 1,200 from less than 400 in June and July.

It now employs about 5,600 people, up from 2,400 in June.

The data comes a day after Alibaba’s Alibaba e- commerce business surpassed Amazon’s in the US market, which accounts for about 90% of total US e-Commerce activity.

While the company is not a household name in India, the Indian market has been dominated by the e-tailer Flipkart and Snapdeal.

The Indian market for e-wallets and other online services accounts for more than half of the ecommerce activity, according the research firm.