Alibaba Vs Amazon
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Alibaba vs AmazonAlibaba and Amazon are both key Players in the e-commerce market. Alibaba is a Chinese based and also the biggest e-Commerce company in the world (Solon, 2014). This retailer giant was formed in 1999 by Jack Ma. Alibaba’s three lines of business are Alibaba.com, Taobao and Tmail (Solon, 2014). With Alibaba.com (B2B -buyer to buyer), Tmall (B2C-buyer to customer) and Taboao (C2C-customer to customer) Alibaba controls the China’s e-commerce market (Q.Zhu,2013). “Alibaba remains dominant in C2C, B2C, and B2B segments” (Cho, 2014). Also, Alibaba runs AliPay the China’s biggest payment company and Alibaba cloud (Cho, 2014).On the other hand Amazon is an American based multinational e-commerce company, found in 1995 by Jeff Bezos (DOnfro, 2014). Before Amazon was an ebook store with time the company diversified into an online store that sells from books to almost anything (Investopedia, 2015). Amazon operates in b B2B and B2C business areas. The three main amazon businesses are, the online retail, internet services and kindle ecosystem (Noren, 2013). Depend on factors such as size and the amount of the e buyers and the sellers, the entry and exit barriers, the market can be classified as Perfect competition, Monopoly, Monopolistic competition or Oligopoly (Lipczynski, Wilson & Goddard, 2013). The common market structure for the two above two companies are B2B and B2C.[pic 1]Figure1.1 China B2B e-commerce market revenue share in Q1 2015CIW team, 2015, Retrieved December 10, 2015 from
Essay About B2B And E-Commerce Market
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Latest Update: July 11, 2021
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