AMAZON vs ALIBABA – 2020 – How are the two e-commerce giants performing amidst a pandemic?

in , on July 23, 2020

E-commerce is on the rise and shows no signs of slowing down. The coronavirus pandemic has forced retail centers to shut down, significantly increasing sales across various digital platforms. Online shopping has become not only a necessity but more of a lifestyle change as we adjust to the new normal.

With fast internet access, we expect the trend to get hyped over the next decade. Online shopping is time saving and has a greater variety and selection. Additionally, free and low-cost shipping are becoming the rule rather than the exception, providing even more convenience for consumers.

Despite a slowing Chinese economy, a shift in purchasing power from the U.S. and Europe to China and Southeast Asia has begun. The shift is fueled by the growing number of consumers gaining access to ecommerce due to growing purchasing power and internet penetration.

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    July 23, 2020

  • Last Updated
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    July 23, 2020