March 17, 2014 AT 12:22 pm
Alibaba: A Mix of Amazon, eBay and PayPal With a Dash of Google #makerbusiness
Alibaba: A Mix of Amazon, eBay and PayPal With a Dash of Google – WSJ.com.
vAlibaba Group Holding Ltd.— which is preparing to launch perhaps the largest U.S. stock listing ever of a Chinese company—dominates China’s e-commerce market. But not everybody in the U.S. has a grasp of its scope.
Perhaps the best way to understand Alibaba is as a mix of Amazon, eBay and PayPal, with a dash of Google thrown in, all with some uniquely Chinese characteristics.
Some info about how Alibaba and Taobao work, we didnt realize there are no fees on Taobao.
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