ah! Ventures
Alibaba is China’s Amazon, correct? That’s the narrative we’ve been reading for years. Too bad it is wrong.
Unlike the US market, in which small e-commerce companies are forced to find a niche in a world dominated by Amazon, China’s Jingdong Mall (JD.com) not only competes directly with Alibaba but, by certain metrics, has surpassed the global e-commerce giant.
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