Tuesday, February 9, 2016
China & Alibaba Spur Amazon Move To Dominate $1 Trillion Cross Border Commerce Market
Amazon has made a massive move to challenge China's Alibaba Group for global e-commerce/cross border dominance, to court Chinese consumers and brands, and compete with FEDEX and UPS, in one fell swoop. Their new venture "Supply Chain by Amazon (SCBA) is now a reality, with a launch date set for this year. At stake is a projected $1 trillion in cross border e-commerce revenue by 2020.