As a Chinese person, I like Alibaba’s performance. Alibaba became the most popular destination for online shopping, in the world’s fastest growing e-commerce market. I do not know what the limit of Alibaba is, but if Alibaba wants to be the best, they must need to get rid of restrictions from China. As I’ve mentioned already, Alibaba’s primary money making operations are from operations within China, this ratio is about 80%. Then, let’s look at Alibaba’s biggest competitor, Amazon. Amazon’s business comes from outside North America can get 40%. Amazon has the better track record of expanding outside their home market. This is the reason that why Amazon’s can get the higher reputation in the International market. About the future, Alibaba has a stranglehold on the Chinese market and Amazon is the undisputed US leader. This is definitely an unprecedented competition; they both have such a massive head start, and an intimate understanding of their market and models. It will be especially interesting to see how Amazon addresses Alibaba’s rise, and what their next move will be.
Reference:
Mingqian Zhang 