Did they have an outage too? https://www.businessinsider.com/alibabas-singles-day-beats-amazon-prime-day-2018-11
Apparently not. So it's not an apple-to-apple comparison since Amazon was down half of the time on Prime Day.
US is going to be soon no. 2 in many things. It’s a sad day for all Americans. Soon enough it’ll be no. 3 when India rises. With an aging population and all the hard working immigrants driven out of the country you’ll be left with a spiraling economy that you won’t be able to arrest. India and China will be big and lucrative markets so it won’t really affect the global economy.
The US is already way behind in most things. Education levels, income, access to healthy food/water, savings, you name it
Per capita matters more. Who cares if 3-5x population produces barely more.
So lol Alibaba is a wholesale and distribution website while amazon is retail. Alibaba should have higher revenue while Amazon has higher margins.
Lol. Alibaba is more than AliExpress. It operates the same as Amazon retail in China and it also has AliCloud that competes with AWS.
Yes correct but their core business is linking chinese manufacters with American distributors. While Amazon's core business is retail.
And people here think Amazon is too big and should be broken up. Do the Chinese think Alibaba is too big?
High volume of sales on Alibaba means that a lot of suppliers for Amazon have stocked their inventories for Holiday season. It actually means that you can expect a lot of deals on Amazon, and Amazon sales this Holiday season will also be a record.
Alibaba is for a specific type of business person. Amazon is for everyone whether you BUY or SELL. I don’t go to Alibaba for sponges
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Bezos: “I want you all to live by the leadership principles at Amazon. Especially frugality.” AWS folks: “Got it boss! We are gonna run Prime Day with t3.nano instances only!” Prime Day 2018 - Never forget!