BUSINESS STRATEGY
What are the key differences between Amazon and Alibaba? [Part 2 of 2]
Amazon and Alibaba truly are two disruptive and innovative companies. Check out the characteristics of each tech giant
Disclaimer: please note this article is a collection of personal thoughts and a few quotes from experts. All info is publicly available. The content hereby written does not reflect in any way the position of the company I work for.
Dear reader,
With this article (this is the second part, the first can be found here) about the differences between Amazon and Alibaba, I highlight the key characteristics of each one. Knowing more how they play and operate could help you build a better business plan. I hope you enjoy the reading.
Differences
Amazon
- If we had to describe Amazon in just a couple of words, in short, we would say that Amazon is a massive retailer for both new and used goods. Here an interesting angle from Investopedia, describing its most famous business models: “[...] First and foremost, the company sells goods directly. A percentage of products are offered to buyers through Amazon’s online storefront with a small markup, and…