Alibaba Group Holding Limited, also known as Alibaba Group and Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.
What kind of business is Alibaba?
online commerce company Alibaba is Chinas — and by some measures, the worlds — biggest online commerce company. Its three main sites — Taobao, Tmall and Alibaba.com — have hundreds of millions of users, and host millions of merchants and businesses. Alibaba handles more business than any other e-commerce company.
What type of e-commerce is Alibaba?
Amazon and Alibaba are both e-commerce giants operating largely without physical stores. Amazon dominates the American shopping space, while Alibaba does the same in China. Amazon sells products directly while also serving as an intermediary for other sellers, taking a cut of the sale.
Is Alibaba an LLC?
What is the work of Alibaba company?
Alibaba Groups mission is to make it easy to do business anywhere. We enable businesses to transform the way they market, sell and operate and improve their efficiencies.
Who is bigger Alibaba or Amazon?
When it comes to sheer size, Amazon is vastly larger than Alibaba. Amazons market-cap of $1.5 Trillion dwarfs Alibabas $640+ Billion, and when you calculate each firms revenue numbers, the disparity is even greater: Amazon had revenues of $126B from its last quarter, whereas Alibaba had $34B.
How did Amazon fail in China?
One of the main reasons that Amazon failed in China is that its flywheel failed to function there. The key components of Amazons flywheel include its vast selection of products, low prices and strong logistics network. Yet Amazons selection in China was much narrower than its local competitors offerings.