Part of the reason is due to alibaba's slightly different business model.
37+ Is Alibaba Bigger Than Amazon
Pictures. Both amazon and aliexpress can be termed as future rivals in ecommerce industry. Alibaba's taobao is one of alibaba group's most profitable marketplaces and is responsible for more than 80% of alibaba's sales.
Home And Away Alibaba And Amazon Look To Go Global Special Report The Economist from www.economist.com
Alibaba has better financials, higher growth, and more attractive margins. Alibaba's taobao is one of alibaba group's most profitable marketplaces and is responsible for more than 80% of alibaba's sales. They have largely avoided direct competition between amazon and alibaba is heating up in untapped markets.
Both amazon and aliexpress can be termed as future rivals in ecommerce industry.
Burger king taiwan recently announced a new burger that sounds more like an april fools' joke than a real menu item. While still less than amazon. Are the two really destined to be arch enemies or is it all just exaggerated. But alibaba is widely misunderstood.
