The Alibaba, Amazon, Tencent and SoftBank compete to lead the ecommerce market in emerging Asia–Pacific
Amazon and Alibaba may be heading towards a confrontation in the ecommerce markets of emerging Asia–Pacific. Alibaba is acquiring physical retail assets in China, and is making strategic investments in South-East Asia and India. Meanwhile, Amazon aims to become larger than Flipkart in India, and has committed substantial amounts to achieve this.
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