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May 11, 2015

Mega Corporation Alibaba's entities compared with similar US companies

"Alibaba and its  US equivalent competitors"

Alibaba group compared with related US companies 

The chart shows  Alibaba group compared to other related US companies who are into similar business . Alibaba Chinese e-commerce giant,dwarfs its competitors with hundreds of millions of users, is bigger than eBay and Amazon combined. Alibaba  ha  2 big  distributees which are Taobao, a consumer-to-consumer marketplace launched to compete with eBay in China, and Taobao Mall (or Tmall), an Amazon-like marketplace which allows Chinese consumers to purchase directly from brands. Meanwhile  Juhuasuan, a groupon equivalent  is into deal buying .Launched by former English teacher Jack Ma in 1998, the company has grown exponentially, feeding the appetite of a growing consumer class in China for products from Nike sneakers to high-end jewelry not readily available in stores

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