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Alibaba vs Amazon

- Alibaba VS vs amazon The Showdown In the US, E-commerce is dominated by one name: Amazon. And while China's answer to Amazon, Alibaba, doesn't yet have the name recognition (or the revenue) of its American competitor, that may soon change. With Alibaba preparing to make what will likely be the biggest IPO in history in New York later this year, the time is right for a showdown between the world's two biggest E-commerce platforms. EL 1994 1999 Amazon (originally called "Cadabra") was founded in Jeff Bezo's garage in 1994 in Bellevue, Washington. Alibaba was born five years later, in 1999, in founder Jack Ma's Hupan Garden apartment in Hangzhou, China. XXXX XXXX $157.52 B $168 B AMZN XXXX Amazon went public in May of 1997 at a valuation of $438 million. It now has a market cap of $157.52 billion, Alibaba Group is planning to IPO in New York in late 2014 at a valuation that could put its market cap at $168 billion. WORLD RANK 9th Amazon is the world's 9th most-visited 10th website, while TaoBao, an online shopping portal owned by Alibaba, is the world's 10th most-visited. EMPLOYEES IN 2014 88,400 employees 24,000 employees REVENUE IN 2013 In 2013, Amazon earned almost ten times as Alibaba had revenue of $7.95 billion, much as Alibaba did, with $74.45 billion in revenue. BUT! EL 50% Amazon ended the 4th quarter of 2013 with .94% margins, while Alibaba's were closer to 50%. a 1.94% Singles Day. CYBER MONDAY 2013! Alibaba also reached its same-day sales record in 2013, on November 11th. On 11/11, a Amazon reached a same-day sales record on Cyber Monday 2013, when student-created holiday known as "Singles Day", TaoBao vendors sold over $5.75 billion (¥32.019 billion) worth of product. customers ordered at a rate of 426 items per second for a grand total of more than 36.8 million items. Amazon didn't disclose its revenue figures. MOST EXPENSIVE ITEMS $5 MILLION $52 MILLION LAND RIGHTS 1880 On Amazon, one of the most expensive One of the most expensive items on TaoBao is land rights for a piece of land in Kunshan, Jiangsu province. The price tag? $52 million (that's ¥325 million). items is an 1880 copy of the Holy Bible selling for $5 million USD. The Kindle version? 99 cents. SOURCES 1. 2. 3. 4. / 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. Smart ntern CHINA AA INTERNSHIPS

Alibaba vs Amazon

shared by milkwhale on Dec 04
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Comparison between Alibaba and Amazon by telling the lack and the benefits of each


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