China & Alibaba Spur Amazon Move To Dominate $1 Trillion Cross Border Commerce |
| February 10, 2016 | February 2016 Bond Updates |
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Amazon has made a massive move to challenge China's Alibaba Group for global e-commerce/cross border dominance, to court Chinese consumers and brands, and compete with FEDEX and UPS, in one fell swoop. Their new venture "Amazon Global Supply Chain" (AGSC) is now a reality, with a launch date set for this year. At stake is a projected $1 trillion in cross border e-commerce revenue by 2020. |
| View more at: http://www.forbes.com/sites/michaelzakkour/2016/02/09/china-alibaba-spur-amazon-move-to-dominate-1-trillion-cross-border-commerce/ |
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