Alibaba
Alibaba looms large in everyone’s mind, but despite its massive IPO and increasing global reach, it may not come near dominating its U.S. rivals. For one thing, the company will continue to be under great pressure to further curtail counterfeit sales. But Alibaba is no longer just huge, it’s also massively rich. Retailers this month told Congress that it must close the e-commerce tax loophole in order to rein the Chinese retail giant in.
One thing that Alibaba, like Amazon, is unafraid of is being disruptive. Both retailers try things and fail quite often, but find successes along the way. Of course, Alibaba certainly can afford to do so.
- Part of Speech: proper noun
- Industry/Domain: Online services
- Category: Ecommerce
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- Sanket0510
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(Mumbai, India)