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Alibaba Vs. Amazon: Similarities And Differences – Alibaba Group Holding Limited (NYSE:BABA)

source: entrepreneur It’s no secret China-based e-commerce giant Alibaba (BABA) has been following in the footsteps of Amazon (AMZN), seemingly taking a page out of its playbook every time it makes a significant move. Just like Amazon, its growth has been led by its e-commerce business, complemented by cloud services and to a lesser degree, digital entertainment and media. Even …

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Consumers absolutely love Amazon — it makes their lives more bearable

Sir, John Authers echoes the “Amazon-is-too-big” crowd, who fret about the new gilded age, when he describes the e-commerce giant as a monopolistic company paying low wages and crushing competitors. “Investors love this. Everyone else hates it,” he says (“Amazon helps to explain paradoxes facing US investors”, The Long View, August 5). Mr Authers forgot consumers, who absolutely love Amazon. …

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Wal-Mart’s Amazon war takes to skies with floating warehouses | Business

Wal-Mart Stores Inc. has opened a new front in its battle with Amazon.com Inc. The world’s largest retailer has applied for a U.S. patent for a floating warehouse that could make deliveries via drones, which would bring products from the aircraft down to shoppers’ homes. The blimp-style machine would fly at heights between 500 feet and 1,000 feet (as much …

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Amazon shares fall with S&P Retail ETF; may signal trouble for consumers

Shares of Amazon are falling in tandem with a popular retail-tracking exchange-traded fund, and one equity strategist is watching the trend closely as it may signal trouble ahead for the health of the U.S. consumer. Shares of Amazon are falling along with the S&P Retail ETF, the XRT, pointed out Matt Maley, equity strategist at Miller Tabak. The XRT has …

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FOOT LOCKER: We aren’t afraid of being Amazon’d

A customer shops at Foot Locker.Reuters Amazon has been taking market share from companies across America, and its freaking out the CEOs of the country’s biggest companies. So much so that CEOs have been mentioning the e-commerce behemoth at a clip of nearly six times that of President Donald Trump, according to Bloomberg.  On Friday, sneaker retailer Foot Locker announced a …

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Amazon gives Boston a pick-me-up

Amazon.com is preparing to open a Boston pickup location that will include its new Instant Pickup service that lets its Prime members order certain products and pick them up within two minutes. The brick-and-mortar location at 870 Commonwealth Ave., in Boston University territory, will have a “curated” selection of daily essentials such as snacks, drinks and personal care products; technology …

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