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Alibaba (BABA) and Amazon (AMZN) are two of the biggest, most innovative, and impressive companies in the world. They are in many of the same industries but don’t compete head to head due to geography.
BABA‘s operations are concentrated in Asia, while AMZN is mainly in North America. Both companies are very ambitious and laser-focused on growth including expansion into new markets, so it’s only inevitable that they will begin competing more directly.
Both AMZN and BABA have also had impressive returns in terms of stock prices. Since going public in 2014, BABA is 218% higher. AMZN has some of the best returns in history. Since going public in May 1997 at a split-adjusted $1.37, it’s up a staggering 2,140%.
These returns are due to the companies dominating growth industries like eCommerce, cloud computing, logistics, and delivery. Another similarity is both companies have created new products that are turning into their multi-billion business units.
Amazon started out being an online bookseller but quickly began selling a variety of products. Currently, in addition to selling its own products, much of Amazon’s revenue comes from the marketplace it operates for sellers and buyers. It also provides logistics and delivery services …
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