Alibaba is starting to get very serious about the market share, Amazon may be falling behind. The Chinese e-commerce giant just got it’s public offerings Friday. Guess what, the IPO was at $68 per share, and the initial market value of Alibaba was about $168 bilion, which is a higher number then Amazon’s market capitalization of $150 bilion.
Alibaba is growing very fast, but the downside of it, it’s the revenue which is a fraction of the American’s giant Amazon.
Thanks to Business Insider, here is a wonderful chart analyzing the two e-commerce giants from our lovely planet, Earth.