Compare the gross profit margins of Amazon.com, Inc. and Alibaba Group Holding Limited based on the following financial data for the year ended December 31, 2023:

Item	Amazon.com, Inc.	Alibaba Group Holding Limited
Net Sales Revenue	$50,000,000	$45,000,000
Cost of Goods Sold	$30,000,000	$25,000,000

Question:

Which company has a higher gross profit margin? Calculate the gross profit margin for each company and compare.