China’s Alibaba Group is becoming a serious threat to Amazon.
The e-commerce giant is expected to make an initial public offering in September that could top $US16 billion to become the biggest IPO in history.
The company’s websites account for 80% of all online commerce in China and its sales are growing rapidly. But Alibaba’s revenues are still only a fraction of Amazon’s.
Here’s a brief breakdown of the two companies and how they compare from the website SmartIntern:
Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.
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