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by ksec
2620 days ago
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It was not suppressed. > It's a hard sell to say that a trillion-dollar company does not have the resources and talent to do what the people in the next building can. By that notion no startup will ever win agains the titan. And Apple would not have been the largest market cap company today when they had M$, Blackberry and IBM in its era. The truth is, even if the full Amazon experience in US were replicated today in China ( Where Amazon had a home ground advantage and had much longer time to refine their infrastructure and strategy ) it will still not be anywhere as good as what Alibaba/ Taobao / JD.com has to offer. That is on the consumer side of course, in terms of AWS their offering ( knowledge and understanding ) are very much behind. Amazon failed in execution and strategy in China. And they learned their lesson when they enter India. Usually I would put a few words on Chinese Companies having the advantage of literally infinite burn rate to increase revenue while competing. These money comes from VC which is funded by the government anyway. But knowing Alibaba its major share holder is Yahoo and Softbank along with a few other outside investors I don't think that is anywhere near true. |
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