Almost daily, I hear someone comparing Amazon to China's ecommerce giant Alibaba. If we've met (in person or on LinkedIn,) you probably know where I stand on this..
BUT... it's time for the numbers to do the talking.
The Alibaba Group just released their March Quarter and Full Fiscal Year 2021 Results.
With over 1 BILLION annual active consumers during their last fiscal year and projected revenues of over 930 BILLION RMB for FY2022, they are truly in an elite class.
Check out their full results for yourself...
How do they stack up to Amazon?
YOU TELL ME. I'm no expert when it comes to American ecommerce, BUT that doesn't mean I'm not curious. Chime in. I want to hear your take.amazon