Why Alibaba Gave Up On U.S. Consumers
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- Опубліковано 28 вер 2024
- Alibaba is China's largest e-commerce platform. In its latest earnings report, Alibaba disclosed having 636 million annual active consumers on its China retail marketplaces. That's almost double the entire population of the United States.
Alibaba's reach today expands far beyond e-commerce. Its realm now covers cloud computing (Alibaba Cloud), digital media and entertainment, (Youku, Alibaba Pictures, Damai, Alibaba Music, Alisports.com) and logistics services (Cainiao). Alibaba is also part owner of financial services company Ant Financial.
Despite its enormous Chinese following, Alibaba is still not a well known brand to many Americans.
Watch the above video to find out why Alibaba hasn't won over U.S. consumers and how it has focused on attracting U.S. businesses.
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Why Alibaba Gave Up On U.S. Consumers
Do you think Alibaba will try winning U.S. consumers again in the future?
Not if the US keeps starting asinine trade wars. Just look at the newest reports showing that the trade dispute with China is costing us $3 billion per month.
@@JoshWitte worth it if it means we diversify our trade to other countries or domestic markets and don't end up dependent on China which is a state run authoritarian regime
@@TWE_2000 I dunno, I'm getting pretty tired of all this "winning"
@@JoshWitte I never said winning nor claimed to be a Trump supporter, I said it's worth the cost because I don't want the U.S. to be at the mercy of a regime like the PRC.
Nope
Amazon sellers basically made their purchases through ALIBABA and resell them for 2-3x the price. LOL!
@Tom Nguyen third world? China is considered a developing nation.
@Tom Nguyen Nguyen? I bet you are a Vietnamese and never travelled to China.
@Tom Nguyen do some reading first, Alibaba already became the No.1 e-commercial service provider in the world since 2018 Q2. In China amazon is about to die, amazon china only has less than 1% market share.
@Tom Nguyen salty vietamnese lol
@Tom Nguyen China is a second world nation by the way, and growing second by second.
Alibaba is 4 wholesalers, mostly.
AliExpress is for consumers.
The west seem not to like long but cheap shipping time.
So, some guys import via Alibaba n sell via Amazon n eBay at high profits.
Gacheru Mburu not some guys, but many many many.
@TheChosenOne what type of poster did you bought?
Exactly, I buy stuff of AliExpress and those items are almost always on ebay and Amazon at 150% the price (Amazon is the worst). Usually its the same stuff on Alibaba, but there you have to buy 100-1000 of a particular item! It's def for wholesalers, but AliExpress is still the cheapest out there, cheaper than ebay and way better than Amazon (which is useless in Australia, expensive & no one ships to AU). It only takes 3-4 weeks to get to Australia (2 weeks for UK/USA) and the sellers are (in my experience) super nice.
Wow, thank you! I have used Alibaba for some business proposals but I never knew about Aliexpress. Appreciate the post!
I've bought a bunch of stuff from Chinese retailers on Aliexpress. The shipping, which had tracking, was usually free to the customer. If there were a charge, it was minimal. Almost always arrived in two weeks or less. Often the pricing is no better or even higher than what you'll find on Amazon or eBay, but the savings on some things is amazing.
Wow. I didnt know Alibaba owned Lazada. Lazada is the number one online shopping site in the whole of Southeast Asia.
Good job, Jack Ma.
Wah Tu Sy not satisfied with his earnings from alibaba. he opened another shopping site. people are just not contented with what they have
@@lifeisgood2542, WRONG.
Alibaba bought Lazada after Lazada took off.
People are not contented with just talking about what they know.
Almost all unicorn startup(valued > $1billion) in southeast Asia were funded by the Chinese.
Yea Jack Ma bought Lazada from Singapore which was founded by a German group. TBH. Lazada was only majority owned by Jack Ma for only 2 years. By then Lazada was already well-established.
@@PissMenn Wrong again.
Lazada was funded by the EU before the Chinese. Please don't talk if you don't know what you are talking about.
People don’t have the time and patience to sift through hundreds of sellers to find the best quality product, they’d rather pay more and be sure there won’t be any back and forth between them and the seller due to unmet expectations, convenience and efficiency is priceless!
Alibaba sites AliExpress & Taobao are fantastic money savers. You find the same products as in Amazon for half the price. And for many items you can haggle with the seller and get an even better price than that shown.
but the shipping times and returns...
Not trying to wait 3 weeks for a phone case so no, Amazon ftw at least in the U.S
@Pichkalu Pappita basically my point, we're not trying to wait 2 weeks to a month for a package on alibaba without paying a fortune for express shipping nonetheless
@@Pernection so sad, in here my product usually ship within a days or two, the fastest was around 4 hour
Hell no! I brought more and more stuff, sometimes I don't need them so much, just because they are cheap. Cannot resist.
Alibaba has zero customer service and no return or refund policy. They have reps that speak mainly chinese not English. Need more reasons?
Knock off Amazon in China without the best parts of Amazon
Don't you need to actually use the platform before you're fit to comment?
@@endeliggnist5066
I've used alibaba for years since 2012. I own an eliquid manufacturing company. I know exactly what I'm talking about. I used to buy PET 30ml, 60ml bottles and glass bottles, labels and bottles. They mostly require a bank transfer or payment through western union. In america I used credit cards that I can refute. Have you used it?
@@endeliggnist5066
I see why you left a comment. You are most likely Chinese or are from china since you like chinese military songs or communist videos. Thanks for your comment
Tri stop it man, it’s not worth your time, alibabas “customer service” might be the worst out there that’s a fact
When i look at the thumbnail i first saw “Why Alabama gave up on U.S customers”.
Sweet Home....Alibaba
It is pretty easy to get dominant position in China with the Great Fire Wall in China which bans access to a fair and free internet. The firewall of China is one of the greatest non-tariff trade barrier.
To be fair, eBay and Amazon still exist in China and have never been blocked by GFW.
Amazon and Ebay are NOT blocked by GFW.
Alibaba needs to work on their website and especially their app. The UI experience is terrible.
I've tried purchasing bulk wholesale items on Alibaba.... Good luck importing them. Customs brokers, import tariffs, etc... Good luck. I lost thousands.
Damn...
That sucks. I hope you were able to start over and recover some funds.
say thanks to Trump!
@@melquizedec does someone with a tiny brain like you know what was even in the tariff list?
doubt it, when something goes wrong blame the orange dude
Why alibaba not targeting the us market ? It simple, US consumers has unrealistic expectation that doesn't correlates the price paid for and the quality of the product.
well said. complaining everything but can't afford anything.
kennedy Chong yup, because it’s extremely unreasonable to have a decent return policy and semi-competent customer support
@@ryanstrohman7429 i think he is referring to people buying a 50 pound iphone x and expecting it to be real and high quality
Amazon sellers basically made their purchases through ALIBABA and resell them for 2-3x the price. LOL!
That is true. However, for a seller to profit 2x or more, they need to buy a shit ton of those items in alibaba. Like they need to buy 1000 pieces of that particular item to get it a very low price then mark it up on amazon. Add to that the expensive amount of Shipping fee. So if you are a just a consumer looking to buy a couple of pieces in alibaba, it will be pretty much the same or close to the retail prices you see in amazon.
I can't tell if you stole this comment or not. The top comment says the same thing
@MexicanTacos 07 I don't give off luminescence, so no. Very dark
With Amazon you are protected and can get a refund easy if the product is anything but what it was listed as or if it was broken. Good luck with that with Alibaba. Customer service is a joke.
jayzzz if you buy from Alibaba as a consumer and not a reseller you will pay much more than just buying at amazon
And it will take 3 times as long to ship
Plus customs
Alibaba is for business owners and companies NOT consumers
*After seeing what happened to Huawei, I would have do the same exactly the same too.*
Alibaba Is pretty big in USA but huge in China
chicken feet and rice balls are huge in china, those are not working here either.
@@potatochobit why not? Because anything that doesn't get you super fat won't work in America?
Alibaba is whole sale platform and Amazon is retail platform.
Many sellers on Amazon buy their goods from Alibaba.
Alibaba and Amazon compliment each other.
In future they will cooperate some how.
Alibaba have retail site called "AliExpress". Which directly competing with Amazon.
So, no, they will not compliment each other.
Also when people call "Alibaba" they mean "Alibaba group" which include AliExpress.
KurdChK think about Tmall or Taobao. They hold bigger markets than Amazon.
Alibaba/aliexpress is also huge in Russia and the middle east since they don't have amazon or ebay.
Joey S For Ebay we have Avito here in Russia and for Amazon we have Aliexpress. Because it's cheaper and the shipment would be faster. And as i know there's a problem with direct shipment from Amazon to Russia.
But we only buy on Aliexpress, i don't know if it's common in USA to sell anything on Amazon as a simple person or it's more like a marketplace for big shops, but on Aliexpress there's no Russian sellers they all are Chinese from China.
It may be cheaper than amazon, but the long wait times are a dealbreaker. Especially with customs issues and lags, I’d much rather order from amazon and pay a little more to get it to my door, and potentially avoid stuff getting lost in the mail. I once had a package travel all the way to Turkey once instead of the US....
Honestly, US is not that big of market for Alibaba.
We're only like 3.4% of the world population, while India and China make up almost 20%
No other country consumes as much as the American people lol, biggest market place, what exactly do you mean? Have you ever been to the US? Do you not see how much waste we actually have lol, when it comes to literally EVERYTHING
@@tomaslajara2689 yep, obesity in a nutshell
( ͡° ͜ʖ ͡°) better than being poor with nothing to eat
The US is a massive market. Just owing to the fact they like to spend lol
Using Alibaba or Ali Express is always a gamble on quality and a nightmare for shipping times but I have gotten some pretty nice fabrics from there before. Like anything it's a matter of if it looks too good to be true, it is.
It doesn’t . See how many guys doing dropshipping from alibaba in the US
Why did Jack Ma just dispose/sell/forced to sign over all his Alibaba shares?
Robert Orrom CPC threatened him.
@Ronaldy Lo And how the heck do you know!
@Ronaldy Lo I do read the news, maybe you need to expand your info channels and look into it more yourself, try some other sources other than mainstream, and by the way I've lived in southeast Asia for over 40 years and what does being super famous have to do with it. I'm just curious and always question not blindly accepting things. Something I've learned in my 67 years on this planet. You should try it yourself mate. My family goes back to the early 1900's in its experiences in SE Asia. My grandfather, father, godfather and myself have all been explorers and travelers in Asia.
@Ronaldy Lo So in your opinion to question something is fake news. Did I state as a fact that he had been forced out, no I only asked a question. Why are you overacting over a simple question. Me thinks thou does protest to much.
@Ronaldy Lo Oh Ronaldy, good luck ,you must be very busy with your mission. Seriously get a life, mission indeed. You're starting to sound like the Swedish girl Greta
Because 99.9% of their products are TRASH quality and shady deals. Total slime products and shady under the table sales.
They have good deal on computer part ngl
@@mistergameplay9766 you answered to someone who haven't changed for 20 years
alternative business models
but at-least now they both exist in each other's realms
on terms that matter to them
Probably because 60% of their products are false advertising or fake knockoffs (not even real knockoffs) and the other 40% break a week after purchase. They need a serious quality control system or something.
I’d be nice to have a company to compete with amazon
You want the CCP running the show. Good luck with that.
@Bill Petersen lol this comment was made before they fired Jack Ma, which I think resemble Steve Jobs. Ali was honestly the one Chinese company I thought to be acceptable, but I guess it was too successful
serious question: how come Jack Ma is so admired and looked up to when Alibaba is just a Chinese version of Amazon? People see him as so great when in reality his idea isn't original and started with an abundant consumer population (China) that are purposely unexposed to amazon?
Did you ever wonder why only jack ma have ever try the Amazon business strategy. What about people in india and Indonesia that have a big emerging market?
There is a more nuance answer to this I think. I have a good insight into this field too, I am currently a CS student in California and my family ran a tech company in Hong Kong that collapsed and many experienced members went to Amazon. E commerce isn't actually a new idea, but what make Amazon successful was the scale and service. What make Alibaba successful is localization in lower GDP region. Amazon is a good outlet for Chinese people to sell good, but always had bad localization in region like China, Southeast Asia and India on issues like the timing of sale, local warehouses, price sensitivity adjustment and delivery speed. Alibaba addressed these issues and manage to popularize e-commerce in China and area without first world GDP by creating shopping culutre (11/11), taking initial loss on sales and massive infrastructure investment in places that were deemed below international standards for them. Hope this helped.
@@paddyotterness i was not talking about why amazons can't apply their business strategy to china but why those people(native people) in other country don't use amazon business strategy. Idea can't be restricted by "joint partnership" law, duh.
@@paddyotterness First, half my life - I lived in office/home hybrid with a retail unit which I worked heavily with the design of phones and dealing in redistribution of Japanese brand onto Hong Kong/China. Where my family ran our tech business, my study, and research projects only further my knowledge and is not the foundation of it.
To your response of Chandy. You are misinformed, Americans are allowed to do business in China. In-fact visiting China or any developing countries you would find locals prefer foreign brand to local. I dare you to step into a big mall in Shanghai and find a Chinese brand. Even smaller American business get into the market through E-commerce on Taobao, J-D mall and the various competitor on this study.
www.marketingtochina.com/wp-content/uploads/2018/02/Picture4-768x484.png
Now a final nail in the coffin. US show the very uncompetitive behavior you criticized. US blocked Huawei technology of phones and want its internal structure to switch from Huawei internet infrastructure with a claim supported by no proof. It was also estimated that every American need to field an additional 15,000 each to replace every Huawei equipment in United State. If you are willing to field the cost and justify US not upgrading infrastructure to enable cloud computing that Google and Microsoft are doing. Then feel free to defend the ban on Huawei.
www.cnet.com/news/why-some-of-the-flashiest-huawei-android-p20-p20-pro-mate-10-pro-phones-arent-in-the-us/
nymag.com/intelligencer/2019/02/is-the-u-s-being-too-paranoid-by-banning-huawei.html
Not quite. Even though technically they are similar but Jack Ma has a different business strategy model to Amazon
I bought BaBa stock a few months ago at 130$ and now it's 185 haha
I bought a half million shares. Doing good
Me too
@@alexgelfo6739 Good luck with that half share, someday you'll be able to buy a laptop with it, or maybe a tablet.
Seán O'Nilbud lmao
@@alexgelfo6739 you're obviously bragging to sound cool, but you don't even seem to realize how unbelievably stupid buying half a million shares would be. Not that BABA is necessarily a bad stock, but I believe it's stock in a proxy/holding company, which could make it unstable. Someone with a hundred million dollars to throw at a company would go to that company directly and invest through a funding round. It should also go without saying that a well diversified investment portfolio should only have a fraction of its total value in any 1 company.
one thing alibaba is good for is for incubators in relatively remote areas. for instance, if you have an idea and want to make prototypes in your garage, you can go through alibaba to find anything, or even customize parts for you.
Alibaba is for company doing business with company. Aliexpress is a global shopping website. So I don't know why this news says it gave up American market. Alibaba clearly is shipping large amounts of goods between two countries.
Alibaba has a HUGE fraud problem with most retailers selling fake goods and "seconds" from factories. Despite that, Alibaba refuses to take the problem seriously or clamp down
I always thought Alibaba was a scam site, i didnt know it was real
@ZULU MATUBU *After seeing what happened to Huawei, I would have do the same exactly the same too.* For that matter, other countries in the world should do the same too, or at least take notice. US spies on people even close allies such as British and Germany's Chancellor Angela Merkel to keep other countries down. Deemed German cars, Canadian steels a national threat. The world should be really really watch out America and its intentions, there's a reason why it had put military in every continent.
I bought some sweat pants from Alibaba in 2012. They were cheap-looking and took an eternity to arrive. Based on the packaging, it looks like they had to clear US Customs. Some guy in an unmarked van delivered it to my doorstep--all for $12 pants. I can see why they didn't make it in the US, at least with a model like Amazon's
1. Why Baba ipo in US. 2. Can investors really verify the online transactions especially those occuring inChina? 3.
After spending close to 5 hillion in Lazarde please tell me how successful is this site?
Any takers?
Alibaba is still accessible in the US. Especially for buying parts for hobbyist electronic parts that don't exist in the US. For example a circuit board or lcd display of custom resolution.
Alibaba is more of a b2b platform. There are other b2c platforms like aliexpress, taobao, jd, etc but they haven’t really made a push into the us market. Also, alibaba was promoting cross border b2b exchanges. Alibaba wasn’t trying to displace amazon or eBay, so Im a sense this reporting got it wrong.
Compared to US or even Europe markets, India, Africa are and some of the SE Asian markets have so much more potential and should be Alibaba or Huawei's main target
Don't worry USA...Rick Astley would never gonna give you up
They're doing well in Latin America which is weird because Ebay had that market since day one. Yet Amazon it's not in most countries.
Are you sure it is not the other way around. The US citizens gave up on Alibaba. I know I did.
The customer service is so poor, I did a lot with them but I found DHGate and found better prices and better communication with DH.
Too many people got burned by not receiving or not getting what was advertised.
Alibaba sells a lot of cheap quality or counterfeit products to consumers and businesses. A lot of them in turn sell those products to other people for a markup with a brand attached to it. It's how a lot of people make money with Amazon FBA.
American made products are about the same there is no more quality at all only more expensive goods we all know this.
@@antoniov4152 i dont buy that..i have a miller saw craftsman made in america..very old over 30 years old still works like a charm ..and i have purchased 3 miller saws from harbor freight in the last 5 years...made in china
Its not about the quality its about the return policy. Amazon has a way better return policy on their amazon branded goods than cheap chinese no name tablets do.
@@bryantzerrato8255 I can tell you the same thing about American made goods that gave me bunch of headaches , from Craftsman lawnmowers, whril pool washer machines and tv GE and so on.
@@funnyboss767 true and let's face it there is lots of goods we rather buy cheap because we will end up using it only one time.
most USA businesses made their wholesale purchase from Alibaba anyway, they import bulk quantity and resell at retail price to US consumers, why would Alibaba want to waste money on servicing individual US consumers?
One main reason I see is alinaba’s products are of low quality and slow shipping since it will have to travel across the pacific which takes days to weeks
Honestly before Jack Ma showedbup next to President Trump and discussed a possible partnership, I had no idea who Alibaba was. If they plan on coming back they will need a lot of advertising to trust them and people to have the confidence to shop or use them.
Alibaba managerial type have no vision and arrogant. I am not surprise they fail.
I disagree. Since America has only 5% of world population with already oligopoly market. It sounds so unwise to spend additional money to enter the US market. Not to mention, Americans are somewhat bias on "made in China" goods
Most consumers are NOT going to wait 1-3 months for their purchase to MAYBE show up. I've order stuff there, which came in 4 weeks, and ordered items that after 3 months of tracking updates, apparently were NEVER shipped.... the manufacturers on Alibaba are hit and miss, its a pot luck crap shoot. That is why Americans would rather buy from local retailers who deal with the nightmare buying issues at Alibaba.
I used to see them but I dont take chances with my card info
I gave up on Alibaba because that damn shipping time .. Fing 2 months for a headphone pair .. ain't nobody got time for that.
2 month, REALLY, I've never waited more than the said 31 days or 14 days depending on the transporter. I don't even bother with Amazon anymore, Alibaba is a trust worthy as any other company,
What about Aliexpres? It works in EU just fine, free shipping rules :)
Nothing is free dumbo. The shipping price is in the sales price. Give you an example. Making a phonecase for 0,20 cents . 100 gram = 6 rmb with air mail china post. No english tracking information. So there you have it , you buy it for 1,50 usd.
Al S still, the same phone case would cost 10€ in the Netherlands... glass screen protection 15€... shop owner told me he literally take a trip to Yiwu, China and imports those stuffs every few months, like all those African traders.
Alibaba and aliexpress have the same ceo and thr only diffrence is that you buy one unit at a time on aliexpress and alibaba is for shops and aimed on shops and mass buying
Look at ZTE and HUAWEI ，you know the reason~
Amazon, eBay buy from Alibaba then sell its goods in their own site!
Alibaba failed in my opinion because of their company name. Sure you could say we're cautious of anything from the middle east, but honestly it sounds like a potential scam website. I've seen hackers use the name Alibaba when posting spam so Alibaba, as a company name to me, just seems sketchy.
It was hard to shop on their website. You did not know how to pay for products. When you contacted them, they never return your message.
Walmart “only” made 6.7 billion dollars in Brazil?
😂
Thats more than the profits of Chile and Canada combined!
Well, Alibaba have quite impressive fake product listings for sale as well.
Amazon are more expensive, but the returns & customer protection policies are more consumer friendly. That's why they work better for US consumers. Seller tend to incur more operating cost with regards to returns when selling on sites like Amazon so the price are usually higher there. Most of the stuff you can find it cheaper from aliexpress if you aware after weighing its pros and cons, the returns and warranty policy isn't as good and usually it takes much longer for the product to arrive. Alibaba wise, it's never geared towards average consumers. It's for businesses and sellers looking for factory direct wholesale stuff.
you really think Alibaba give up on US? HA!
there membership price is way to high
plus it take to long for the product to get here
Imagine thinking you can create a larger platform than Jack Ma's forehead.
Cameron Sagheb I would say impossible.
Why does this video look like paid advertisement to me? 🤔
Alibaba doesn't really need a significant American presence. They are already big in Europe, Russia, South America, some parts of Africa & other parts of Asia.
a chinese company using an arab name lol
Amazon, an american company with a greek name.
Just because Jack Ma want his company name start with a, that means your company telephone number will be placed in first line, when people want to find his company do businesses, they will find Alibaba, if you know Chinese.a is a vowel, it's seems just阿, also Jack Ma need a Chinese company name have actually meaning, so just got Alibaba.
I tried to order something from Alibaba, but the price got really expensive after adding on the shipping cost.
I buy hair accessories, craft supplies and some clothes from AliExpress and most of the sellers I use have free shipping to the US. Another seller may have had the same thing with free shipping.
I can live with slow shipping for long things, but my biggest complaint with AliExpress is that the website is just so big with a lot of crap to sort through to find what you really want. And it can be hard to search for some specific items because the listings aren’t made my native English speakers. I had to learn different terms used to search for some stuff. It’s easy to waste time on their site vs amazon, which basically/terrifyingly reads my mind.
Alibaba needs to change its name in US and it will be successful.
Who cares what you call a site? If it takes 2 months to get my stuff I won't order from it.
Thanks that alibaba didn't target American consumers as it is a extended hand of Chinese Cccp and I hope they get alibaba out of American business.
I would love to get Alibaba prices with fast shipping
Because amazon monopolize the market and its us based,while alibaba is all the way from china order will arrive within 2moslongest and 3 weeks earliest, and chance of being scam is 50% in alibaba.
This may sound bad, but is it just more or does anyone else think that Jack Ma has a huge forehead.
You could land a boeing 747
@待化的冰 Sounds like something a lot of people would do when they get mega rich.
Lazada and Shopee have become big here in PH. So much that concepts stores have popped up everywhere in the little city I’m in. Concepts stores are basically wholesale shopee and lazada goods. I kid you not my friends and I participate in their monthly promos alot just to get discounted purchases. Personally I prefer Shopee bcoz it has 500 minimum for free shipping while Lazada needs 1000.
Alibagroup 500+ billions USD
Amazon 120+ billions US
😂😂😂
They acquired Lazada? Is that the reason why their shipping fee almost doubled?
Alibaba always reminds me of Arabs and flying carpets. Open says a me.
Lol did you mean Open sesame?
Wait why did Alibaba tried to enter the market under 11 Main, and not existing names like I dunno, TaoBao, Lazada or Aliexpress?
Do check out PAL Network if you see this!
Alibaba sounds stupid! That's why
Amazon sounds much worse. Apple sounds like a fake brand. You just got used to it.
its to sound familiar to middle eastern countries for sure
you must work in the dealership, bruh LOL
it doesn't but you do
Z Xie Alibaba doesn’t mean anything tho
I’m sure they’re up-charging the Chinese, also.
I dont get what people buy from aliexpress from a consumer point of view. Products are pretty low quality. Its fun to buy some things for fun but i wouldnt keep then in my house for the long run
HukGuay ...oh,yeah wongguay!
yet most products in your house are made in china, that r sell on AliExpress n Alibaba
You do know Chinese companies can't list due to it government policies. If you trace the money you would see a lot of shell companies involved in listing for ipo in New York.
Alibaba is vastly larger than Amazon, and yet in much of the extra-Asian market, Amazon has crushed Alibaba. Crazy, but true- and they haven't done it because they are the best at what they do- they've done it by ignoring the fact that there is competition, and much of the world has gone along.
If you are buyer outside US, It wisely to buy from Ali because whether you buy from Ebay or Amazon They will order from China send to you but at higher price(American profit rate). So I always use Ali.
The USA hasn’t made the mental mindset shift from consumer to supplier. We need to get smarter!
Next How my left ball failed my right ball
Alibaba and Alipay is pretty much a knockoff eBay and Paypal. Jack Ma copied the format that made eBay and Amazon successful, so it's no surprise that he can't beat the OGs of the online market.
How will you complain to the authorities if you buy from China? and you have trouble.
Now That ANT Group raised money higher than uk gdp lol.
It makes no sense to be a seller of consumer goods than being wholesaler especially in American market. Where small business and quick trend popular ideas can sell product it’s a game where you have to constantly change and keep up. You want to sell retail goods online? Forget amazon or eBay you got stores that sells their product directly themselves. You even got them silly home shopping network channels. I be wholesaler and bulk buyer to sell into China and international
His face is so adorable.
No offense, but the e-purchase experience in America is a joke to me compared to China. It took 3 weeks to receive a wallet bought from Amazon. While in China, I can get it next day morning.
German stock index is near bottom. Chinese cfds traders are doubling their buy orders.
I like Alibaba, "Aliexpress" to buy products. I got the prescription glass frame at $11, very high quality one. Things are much cheaper than Amazon. But, they have not set up warehouses to ship products in the US yet. They ship products from China as the temporarily method, but Trump has already started interfering Alibaba. Trump started the allegation about "fake brand name" products sold in Alibaba, which is common problem even in eBay. The shipment from China became much more expensive by Trump's new regulation. Alibaba is still looking at the US market climate, but the Government is spewing out anti-China policy all the time. I guess this video is right. Alibaba is still busy with other area, and the US climate is not attractive yet to start the serious sales.
Yes, anytime I speak of this company to ppl. in Canada they have not a clue
Alibaba is missing out on profits, China can have double the population, but they can't pay out as much. But that is there problem to not recognize potential. It is good they don't try to compete here. It would just send money off shores.
does it count as giving up when they are likely to try again
Ali express is full of cheap chinese items . Even looking at their web catalogue makes me cringe . Fyi i am not from US or The West , so i am being biased but trying to portray my objective opinion
Wouldn't there be copyright concerns exporting to China?
I wish alibaba would stop listing prices in USD..
WHAT ABOUT aLIEXPRESS??
They never mentioned AliExpress