Question
Great post on China! I would like to complement it by talking about a little-known fact: China also has a comparative advantage in e-commerce! Alibaba
Great post on China! I would like to complement it by talking about a little-known fact: China also has a comparative advantage in e-commerce! Alibaba is an e-commerce platform founded in 1999 that became the largest in the world! This electronic commerce giant grew so much that its platform is larger than Amazon and eBay's combined! When Alibaba had its initial public offering on New York Stock Exchange, the company raised $25 billion. With a lot of merchandise sold on Amazon made in China, do you think that Alibaba will become more valuable than Amazon? After all, being a Chinese company presents some benefits for Alibaba because they are closer to the manufacturing places.
How can Amazon react to this?
please read the above comment and answer the question ' How can Amazon react to this?' with references
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