Its target audience is people looking to buy everything from clothes ... and expanding its business beyond selling products online. Like Amazon, Alibaba's revenue is majority e-commerce.
Within e-commerce, Alibaba also owns two fast-growing cross-border platforms: AliExpress and Trendyol. Last quarter, this segment saw revenue jump 29% to $4.5 billion. Currently, the company is ...
In the past, Alibaba (NYSE: BABA) was often viewed as the Amazon (NASDAQ ... marketplace in China that established brands use to sell their goods. Taobao, meanwhile, allows both businesses ...
Taobao, meanwhile, allows both businesses and consumers to sell on its platform ... has been using to buy back shares. If Alibaba were to trade at a similar valuation to Amazon, it would have ...