On Singles Day, Alibaba sold 25.4 billion USD worth of merch through their multiple e-commerce sites. Their "new retail" concept is going to change the way we all shop. It has been really interesting learning about this company and their incredibly forward thinking business model. Amazon and Wal-Mart are way behind.
What do you think about Alibaba and their business model vs the more "traditional" e-commerce companies like JD and Amazon?
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