Difference between the 2 Internet shopping Giants is gonna Surprise you. Alibaba Vs Amazon In a Chart
China’s Alibaba Group is becoming a serious threat to Amazon.
The e-commerce giant is expected to make an initial public offering in September that could top $16 billion to become the biggest IPO in history.
The company’s websites account for 80% of all online commerce in China and its sales are growing rapidly. But Alibaba’s revenues are still only a fraction of Amazon’s.
Here’s a brief breakdown of the two companies and how they compare from the website SmartIntern:
Source: Business Insider