Amazon vs. Alibaba: The Race to Dominate Fast Global Shipping | WSJ
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- เผยแพร่เมื่อ 25 มิ.ย. 2024
- Chinese e-commerce company Alibaba is challenging Amazon by promising fast deliveries. From France to Japan, Alibaba’s goal is to deliver goods from China to anywhere in 72 hours. Can they successfully compete with Amazon?
WSJ visits Alibaba’s largest automated warehouse to see how robots and a vast logistics network are helping it expand globally.
Composite: Clément Bürge
0:00 Alibaba’s global plans
0:57 Alibaba’s warehouse and robots
2:39 Amazon vs. Alibaba
3:54 AliExpress
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It's funny because the majority of Amazon's 3rd party sellers (FBA sellers) sourced their products from Alibaba.
They resell it at multiple times the price
yes i do fba and alibaba stock is bought in bulk, is wholesale!
Air and sea freight forwarder in China, ddu,ddp
✓
@@verreal maybe you should stop wearing underwears as they are all made in china.
72 hours shipping globally would be game changing. 🤞🏾
Too bad this will never happen as long as they have a gun pressed to their heads
Fun fact: Apple supply chain, which moved to Vietnam and India during the pandemic, is now returning to China. Relying on China is increasingly turning out to be a bless, rather than a risk.
Yet speed is not everything!
I would rather see slower but using fewer resources. If Could place an order from bulk and set what price I'm willing to pay for an Item till x date, or multiple items at a lower price. If could rather choose a sustainable shipping option I would do so. Unfortunately, we haven't built a uniform high capacity, efficient electric railway system all across Eurasia and Africa. That would be a pretty cool 100-year utopian plan :). No retail packaging, descriptions are on the websites anyway, no need for printed manuals if not requested for an extra cost. Reusable and actually reused for its primary purpose, lightweight, durable packaging could help reduce necessary shipping volume and weight. Products themselves should be sustainable.
With Starship SpaceX could probably do that in about 2 hours. Around 30 minutes of flight and then delivery to your door.
@@oceanwave4502 source?
It's a great thing to have competitions in such sector
@@AlexAlcyone agree
@@AlexAlcyone poor bezos is getting bullied by china
@@AlexAlcyone he will liquidate it over time.....as Alibaba reaches the potential he will invest that in his space company in the name of building it. Even bill did that to Microsoft.
@@AlexAlcyone honestly. People would like a monopoly in this sector. It's like induced monopoly. One good example is, wouldn't we all love all of our fab streams on same streaming service? Yeah exactly. Secondly, it's a fight between two private giants, one however...backed by it's host govt totally. So you should already know where this will go.
@@AlexAlcyone bro thats not for me to decide, all ex nasa people work at space x.....for sure he will not be successful compared to space x in coming decade or two but all it takes is one Innovation and u will have it. He would have spent that money anyway he wanted and we will never be able to do anything about it. Lets be spectators and not the jury. Cause we are not at the end of the judgement.
In Greece it's pointless, the package gets in Greece in 1 week, then is in customs for months :(
-laughs- cries in Indian, they straight up banned Alibaba,customs holds off the imports from China from few weeks upto few years even if the item arrives within 24hrs(sadly,not a joke), sometimes they confesticate the item and if we realy need to take the item, there are duty fee that sometimes go upto 200-300% for some items.
Small businesses got fricked with this dicc joke
@@aakashsahani2991 Exactly, India is in the same boat, kuch order nahi kar sakte....
@@google_was_my_idea We first have to kick the current union government out.
@@samuraijosh1595 no chance of any govt bringing it back. Even if govt changes national security policies dont change.
@@iota5722 I mean.... wasn't it the current government that placed huge restrictions on Chinese products and IPs during the start of the previous year...?
If Alibaba can offer 72 hr shipping for a small annual fee, remove counterfeit products from its site and offer free/low cost returns, that would crush Amazon
Remove counterfeit items ?? You jest surely ?
@@grahamstevenson1740 Even amazon is full of counterfeit items...
No it wouldn’t
people shop at amazon, not alibaba. not crushin in 1million years
Now a year later... Alibaba: Revenue growth goes negative for the first time, and net profit halved.
th-cam.com/video/56wsKigvfsg/w-d-xo.html
It shouldn't be just how fast, should also be about the quality and authenticity guarantee of every product that they sell
There are 3 major eCommerce player in China. JD targets high quality and authentic guarantee market, PDD targets low quality but cheap market, Alibaba want to do both. So basically if ppl want high quality and accpet higher price, they go JD, they want low price they go PDD. For anything they don't know they go to Alibaba.
Yeah, I try to filter out the Chinese sellers on Amazon cuz I know their low enticing price usually comes with a catch. Nahh
The problem was never with the speed of shipping as most who ordered from alibaba were aware of the long wait. The issue is with the return and refund process which is close to impossible to ever get anywhere with. So if you receive a bad product from a dodgy seller (which you will) then your pretty much screwed. And that is where Amazon will have the advantage.
most people will overlook this at first…
I've reported product problems on both Amazon and Aliexpress, 100% refunded within very short time frames, none asked me to return the items. I don't think it's a problem as long as your claims are legit and can provide evidence of malfunctions etc.
Mmmm.....no it's most definitely the speed of shipping lol.
You can apply for a refund without returning the product. But the speed of the delivery is the biggest issue for me. Waiting for weeks or even months after paying for a product is not very satisfying experience.
the products from Amazon Canada are mostly from alibaba …
Everything in the US is from China, big companies and brands just buy in bulk and have it waiting here for us. Walmart, target, your local stores most of the time, etc.
Can't wait to fill out my garage with useless stuff faster
lol same!
Hehe
😂🤣😂
My dad in a sentence
@@waffelo4681 you are lucky to have a dad like that
Amazon is the middle man, they also have direct connections to factories in China too, as you can clearly see what profits Amazon is making, and that's one of the reasons how Jeff could go to space....
Thats all market money
Amazon makes most of their money from cloud computing. Around 70% of their revenue is from cloud. Retail is a small part of their business and the margins are razor thin.
@@AzeemMia You are correct, the company valuation (stock) is overly inflated right now. I call it fluff money.
AWS make up most of Amazons revenue and retail makes up a small portion of their bottom line
You should read Amazon’s 10k before making your comment here.
As long as alibaba can reach the Chinese factory and merchant directly, it may be difficult for Amazon to defeat in terms of price war.
Some android phones are much better and cheaper Altman Apple phones, yet Apple is still holding their own in the market. Most of the time, people just do what they want and love
@@azeezosho9459 Correct. It’s also important that each company focuses on the loyalty and branding in the marketing.
If you saw the very end the most important thing for a consumer is getting what you want in time. Last thing you want is a counterfeit item. I sometimes spend just a little more to get the product I am seeking for. Amazon has been great customer service is amazing to me that is a huge win overall. Sometimes its all about quality and customer service over pricing. I will spend a little more for just that.
with or without alibaba, amazon is far from being the cheapest
Amazon doesn't make most of the money through their ecommerce anymore. Their AWS services are probably what is bringing in the big bucks.
Alibaba is offering its own cloud services as well now.
Amazon earns 50+% from store and only 12.5% from cloud
@@VFPn96kQT But look at the profits. Cloud is already biggest profit maker.
@@VFPn96kQT revenue and profits are two very different things. Last year Amazon lost money on their retail business. 100% of their profit was from AWS.
From europe, alibaba seems to be only slightly cheaper than amazon but since stuff comes from outside of europe, we have to pay import tax which makes the products more expensive than on amazon in the end.
Kind hard they need to control inflation
I don't agree! Amazon is always 2-3 times more expensive. But it is a seller using dropshipping so you get the same product in the end. Amazon is only better for returns, but that is the reason why a 3 dollar pack of sewing needles from aliexpress cost 9 dollars on Amazon - greetings from Germany
Most express delivery in China can cover 960 square kilometers within 24 hours, which is equivalent to the size of a Europe. And they work 7x24 hours and have a terrifying cold chain system. In China, you can buy an ice cream over 2000km away and get it in 24 hours.
Here in India, Amazon has dominated the e commerce industry taking over home grown companies like Flipkart and Snapdeal. 13 USD per year prime membership for one-day deliveries and other perks, so can't complain.
also prime video make some very nice films. I enjoy the many stories
On the flipside, Alibaba takes over the Philippines and Southeast Asia under its subsidiary, Lazada.
Would you like Alibaba competing to lower prices?
Didn't Wallmart purchase Flipkart to increase their online footprint and compete with Amazon??
Flipkart is way better with original items from its own selling arms compared to Amazon.
Different market, in most of the world alibaba dominates with low price thus expect no returns and lowest price. Amazon service and return policy alone destroys alibaba in the west.
💯
That's fair.
Amazon steals from sellers and encourages fraudulence under the name of customer centric.
It takes a month for packages from Aliexpress to reach the Philippines.
They don't concentrate on third world countries.. It's fact not disrespecting ur country
South East Asia is not the target market of Aliexpress, Alibaba put more focus on Lazada and localization.
In Southeast Asia its more about Lazada or shoppee lol
@@waffelo4681 shoppee largest downside is the cringy ads.
Thats Why Lazada & Shoppee exists here at the first place,since they could take Aliexpress' Place without being a Hassle to most of its customers here(Who happensthat most of them doesnt even use Credit Cards to buy stuff here at the first place),also These Sites ships pretty fast from its longest delivery time of 1 week to its shortest one which could only take 48hours from the Time of Order
For me, the extremely step shipping cost has been always the issue in the first place. Then, the quantity of the products.
Imagine drones flying all over your city
In a few years, those drones will be built with no noises and flying around fast just like birds. It will be so cool and convenient.
@@edithjarvisfriday It would be worst than that
What about the new custom fee you have to pay for good imported outside of EU?
Aliexpress now includes the tax on the products when you pay. So when it gets to customs, it doesn't get stopped since you already paid for it on Aliexpress. Before it would take a package 2-3 months to get from china to Portugal, but this time, I ordered on the 26th of July and I received it today. Not even 2 weeks!!
I'd love this. It takes 1.5-2 months usually
One day you will lose your job to a robot and you will wait 1.5-2 months for your next gig job !
@@prashanthb6521 *years
@@prashanthb6521 nah these are nuts & bolts machines. when real actuators which can compete with humans arrive ,china will become irrelevant. in the mean time invest in basic & hard tech reasearch .
@@prashanthb6521 Humans are destined to evolve. This is only a part of the process.
It is a fact that 90% of Amazon's goods comes from Alibaba
aim higher, 99.9%
The China question isn't how many boxes Alibaba ships, but which box Jack Ma is hiding in.
He's playing golf in Hainan and lying low. Good for him. No more 996 and spending some of his yuan.
Commumism is the virus 🦠
a good number of goods on Amazon originally came from Aliexpress to stores in Europe or USA
I'd prefer to order on Amazon though for many reasons. Including but not limited to: the item being genuine, faster delivery, free delivery, top notch support, being able to use alexa, reviews, and an incredible return experience.
@@yaush_ genuine? Same products at 3x-4x the cost to cover expenses...
@@yaush_ Genuine? Lol.. How naive you are.. Even that so-called genuine products you buy are still bought and made from Chinese manufacturers..
What is certain is that Aliexpress must improve shipping time and reliability, even provide options at least.
To watch this video i had to go through alibaba's ads😂😂
The heart of the problem is counterfeit products. I just received 6 counterfeit bike chains from Aliexpress. And the price is very high, no matter how cheap the shipment is.
If only everything sold on Alibaba wasn't a scam.
72 hours or 72 days? from my experiences, one out of 10 never arrive and there is absolutely no customer service to work with. I am staying with Amazon since they can resolve all issues ASAP such as returns.
Amazon can't win the price game but if it can improve it's vetting (only recommend high quality products and no fakes) then it's still game on.
This is not merely about between two tech e-commerce giants. But the retailers are affected as well.
I clicked on video and saw Aliexpress advertisement with Maksim Galkin 😄 I thought my adblocker was malfunctioning 🤣
Amazon prime is pretty good in India since it also gives you access to amazon's other paid services like amazon music and video
@LaMelo Ball hahahaahh true
@LaMelo Ball still good that you have it
Not just alibaba, but also JD
I love the logistics industry!!! ✈
In Greece, if you order from Alibaba - you would have to pay the import taxes, therefore Amazon is usually a better choice (as long as the product is in the EU already).
90% of people in the USA don't even know what alibaba or aliexpress is.
They do now because of TikTok it how a lot of small businesses buys from.
And they got some good wigs. 😭😭😭
That's changing quickly...
A lot of fish keepers and people in the gardening hobby know it’s where the stuff all comes from anyway why give a cut to the middleman?
Pretty much expected.
Most don't even know the earth is round!
Everything looks great until the Chinese government stop the music 😂😂😂
@renkar820 yes. You got the real point. 👊👊👊 I rather keep my stocks with Amazon.
@renkar820 hahaha I heard that too. 😂😂👊
@renkar820 that is a good movie. Btw, as long as the stock goes up, it is all that matter to me
@renkar820 oh yeah!! It was done by CNBC great documentary.
Another victim of western propaganda
Customs clearance from one month to a few minutes, wow...game changer
Is Aliexpress now available in the UK?
О! Галкин на Wall Street Journal! :-)
The problem of the counterfeit in China is that there is no concept of counterfeit.
Joe Bidens infrastructure plan is a copy of Chinas
Thank you for posting this well made contents.
Literally, I thought I was seeing Ali Baba ad in the beginning.
07/19/2021 - Amazon: "Our terms have changed. Any dispute or claim relating in any way to your use of any Amazon Service will be adjudicated in the state or Federal courts in King County, Washington, and you consent to exclusive jurisdiction and venue in these courts. We each waive any right to a jury trial."
I am so happy to buy alibaba stocks just this week =)
USPS is the weak link in the chain. When goods from Alibaba arrive in the US the postal service slaps another label with a different tracking number over the top of the original one. When you are trying to track several packets its a total nightmare.
I am working for JD logistics who started to build its own logistic network at similar time when amazon tried to do the same thing in China. Amazon failed in China. JD logistics just listed in Hong Kong this year. we have warehouses with robots working there. JD logistics is famous for its speedy delivery. If you place you orders before noon, you can receive your parcels the same day, especially if you lived in big cities.
That doesn't mean nothing especially in EU when EU now taxed and charge cost of local post shipping from China more then most of package will worth !!so if you buy something for 1-10$ post&custom in EU will charge you more then your order worth
Not all EU countries are the same. In Italy, you will get custom tax only if you spend over 150 euro.
@@melonheaded now EU get regulations where every member must have tax no matter how worth are package which coming outside of EU
I wonder what working for Alibaba is like compared to Amazon.
I've ordered from them. It always takes 4-16 weeks to get my package. The packages have all been in good shape and what I ordered worked fine. But it takes forever to get to you
Depends on where you live, what you ordered, and sometimes when you ordered. Sometimes they need to send items in batch to reduce the cost. You are unlucky if your item is the first few ones in the batch. I have ordered several times, some comes 2 months after shipped, some only 2 weeks.
Got an Alibaba ad immediately before this video
The last mile will be solved via robots if they can solve the problem of people not being home for the delivery and awkward size packages. Amazon has a serious problem now with faulty deliveries made by people who are more worried about speed than accuracy.
Too many variables to automate last mile shipping. Sounds simple in concept. But once you delve into the details and the various circumstances that can be encountered approaching different homes, you realize a robot can’t do it. You would have to individualize each robots route. As each one would encounter different roads, homes, apartments, and there various styles, driveways, sidewalks, etc.
The most difficult being apartments, condominiums etc. Because these never follow an easy ground plan. They vary wildly.
Then you would have to account for difficult weather. Rain, snow, heat, ice, wind etc. a machine in a factory or wear-house doesn’t have to worry about this. Now that it’s outside on a daily route, it has to account for it. Maintenance would also be comparably high for its usage and route difficulty.
Then you would also have to take into account theft. How easy would it be to intercept and rob your machine?
Once you really think about it. Automating last mile shipping is very difficult. And probably not worth the trouble
The CO2 emissions from this are just going to be horrendous. So much for even pretending we're doing something.
Luckily, China is also the country that invested most in the green mobility and green energy
Imagine knowing you’ll be seen in a video by Wall Street Journal, but you see yourself like this. 5:05
My hobby is jigsaw puzzles. Many European companies don't ship to the US, and won't sell via Amazon. BUT they do sell via AliExpress. The AliExpress orders show up within two to six weeks, which is fine for me. Just happy to get my hands on these coveted European puzzles. 😁
Yeah... it will be interesting to see how Alibaba executes their plans. Amazon is customer obsessed - that's their whole ethos. I pay for Prime because I have full confidence in Amazon's policies and how they treat their customers. I just don't see the same thing with Alibaba. A lot of things from China are not just inexpensive, they're "cheap". Their goods are cheap, their service is cheap, etc. There's more to selling than just cutting prices. We will see...
You want cheap price but not cheap quality? This is business not charity. Every single penny you pay matters.
Amazon is more expensive than other online retailers. Sometimes it's 10-20 perfect. I think it's a rip-off.
You forget that most of the world's products are manufactured in China, and because they don't have copyrights, these products are learned, reverse engineered, and made into high quality, cheap cost Chinese origin products. In this way, Chinese manufacturers and brands are surpassing foreign brands who simply cannot compete on price. I've witnessed this myself as a user of lighting technologies; the Chinese brands were cheaper in quality 10 years ago but with the western brands manufactured in China being reverse engineered, the Chinese quality has improved significantly while still retaining that low price. The future for western products is quite grim.
Is this an ad?
user experience in Alibaba is much much better, you can talk with sellers at any time concerning your purchasing. love it! it's more like a community rather than cold buy and sells.
You haven't used Amazon if you think user experience in Alibaba is much better. Amazon's costumer service is so good that they will take loses but not disappoint any of their costumer. Once I bought a non-returnable item from Amazon but the colour was slightly off from the picture on Amazon so I tried returning it but since it was non-returnable, they refunded all the money to my bank account but didn't take the product and I got to keep it for free. That's the kind of service Amazon provides even for the non-returnable products.
It would be good if they have a company delivery on each country to avoid change of items. I'm thinking twice when buying mystery box. 😁
We welcome 🤗 from the 5th Largest County Pakistan to Both Companies...
Lol have u even got money to buy Internet pack.... 🤣 🤣 🤣... Leave alone phones...
@@akshatshukla Boom Mic Drop.
@@akshatshukla Lol
@@akshatshukla Daraz is doing pretty good here in Pakistan but doesn't have much competition hopefully Amazon will come to Pakistan which will be very beneficial for the customers
Boom boom Blast 💣💣💣🔥🔥🔥🔥🔥
Lol, I'd be cool with ordering from Alibaba. My Amazon orders take one to two weeks to get here anyway (and that's with prime!)
Do you live on the 🌙
72hrs delivery with 72 week replacement
Good...this competition will be beneficial for the customers in the end...
😑I ordered a item from China and the fastest cost me quite a bit and arrived around 2 weeks🙄, the normal shipment was estimated over a month.
I prefer AliExpress to Amazon. But in India, AliExpress is banned and thats sad news
It’s good that AliExpress is banned in India because China is literally stealing I Dian land and killing Indian soldiers. Why would India want to help China?
@@gj1234567899999 Yeah, good thing they banned it.
India is too poor for them to notice anyways
Indians think they care, but they dont actually. There are so many countries out there
@@walterwhite3653 thats because india is overpopulated and poor. The government is corrupted and dumb. Even your underwear is made in China, how can you ban them? indians need to realise this
Romania post office be like : three days until Romania customs, 3 weeks in customs and lets add a few more days to be sure.
Thank you! 1:56
And what will I buy from Ali? 2 GB Pen-drive inside 1 Tb Hard-disk !!!
From 1st July 2021, the EU has introduced a fee for goods entering from China, of about 25 euro or so (30USD), hence this is impacting a lot on AliExpress deliveries. It's not worth anymore to buy from Europe to AliBaba given this high fee. In fact, most people were using AliExpress to buy items for few dollars with no shipping costs. Now that cannot be the case anymore.
Oh, on what ground? Is that just temporary or like permanent?
This is a lie. The EU just imposed a Value Added Tax (VAT) on goods bought from E-Commerce entering the EU. For small items under $22 Euro, this does not apply. The VAT is like a sales tax but it is applied every step of the way then summed up. For example, there is a factory smelting iron, VAT is applied to the cost of energy, then the iron, then the tools. It isn't a flat fee like what was stated above.
OMG, i got an alibaba add before the video XD
That last mile is where work horse comes in 😈
Can Alibaba offer a refund if goods are held at the custom? The answer is no! Also, in the past, when there were quality issues, I needed to deal with the factory in China. Furthermore, if I needed a refund from the seller, the experience was very unpleasant. Alibaba is no more than a shell company!
Two first names? Hello, anti-China 🤖
this is nice and good but didnt the EU introduce a new law where u have to pay up to 10EU tax when ordering from China.
You almost always need to pay around 20% of the total product+shipment price in EU for tax when it’s shipped from non-EU counties
Eww
@@kimjongun5073 I didn’t have to when ordering from ali just one time payment
@@nardo7687 I’ve rarely ordered from AliExpress. But most of my non-EU eBay and Amazon shipments have been taxed
@@nardo7687 idk why you don’t have to. Maybe because the price of your product is below the bar (40 euro or something, cannot remember
How can they say in 72 hours will be delivered, I am a customer for almost three years in Ali express most of the time frame delivery was two weeks from China to Canada. Sometimes if you unlucky the parcel was lost in shipment, It happen many times. If China Ali express or Alibaba want to compete in Amazon its take a decade before they can say can be delivered for 72 hours.
Good luck with Alibaba Returns
The Indian Government should not have banned Alibaba and other Chinese companies and its taking a toll on the Economy at the same time the general population doesn't have any other alternative
Ccp bot
@@axcelblack2808 no im not im from India just because you are speaking against your government doesn't mean you're anti national im stating facts Indians rely on cheap products
If they can pull it off then bye bye amazon considering almost all of products in amazon were bought from alibaba
Shipping isnt even the biggest issue here. The issue here is the return.
@@wds3222 the majority of amazon returns go in the garbage. I've had to return things to aliexpress, they usually say "keep it, we'll send you the right one"
@@blackdeath4u Doesnt mean is that in most cases. Sometimes the return costs more than the item itself.
Amazon was focused on American products in the beginning anyways, might be a good pivot
@@wds3222 Alibaba can solve the return problem by setting up some facilities here in the USA or partner with some retail here.
Yeah right, by the time something from Alibaba arrives, I usually forget I even placed that order
That's one way around paying sale tax as Ebay and Amazon started enforcing sales tax in FL
I insist they both deliver my packages within 5 minutes... that's waiting long enough!
Forget 5 minutes, instant delivery with Stargate technology. The technology becomes open source so any company can have it. Then why stop at that with instant traveling to your destination.
In a small country, or a small, busy city (like Seoul or Hong Kong for example), "fast delivery" is understandable.
But in a continental, or global scale? I question - WHY?
what are you stupid it improves economic efficiency for everyone and everyone deserves convenience not just city dwellers
@@sophisticatedthumb5364 I think he meant to ask how 🤔
@@sophisticatedthumb5364 well for the sake of economic efficiency and universal convenience, we all end up paying for them by either global scale pollution or added cost whether by capital or human resources.
@@seankim2743 For sake economic efficiency and universal convenience, we take metros or car to reach another location and not walk there even if it contributes to pollution and capital. If this applies to humans why not goods? Utility will increase by improving efficiency
If you look at the world map, you see why China got the idea of BRI. Similar ideas can never happen with South Korea (a small country, both people and territory) or Japan (an Island country).
The problem is a lot of consumers outside of China are wary of the merchants on Alibaba. If they can promise customers peace of mind by doing a high level of QA, then Amazon will be in trouble.
When you buy Counterfit - you get REWARDED with SAVINGS.
This is straight up the plot of WALL-E
Just hope Alibaba will take the competitions Fed Ex and the likes soon. They are charging exorbitant prices for too long.
Competition is necessary but it is to be healthy , helpful and satisfactory to the consumers .
Sounds nice, still for the EU it takes exactly the same 4 weeks like 2 years ago. One has an option though to pay for a more expensive express delivery and and on top custom taxes.
What you're talking about here sound like a commercial to get investor's money.
sometimes it feels like people don't even do any research before they make these comparisons.
Awesome video. Very informative. Simple to. Understand and engaging.
Keep making in e-commerce.
i clicked this video and ALIBABA promotion popped up😂
If they also make that possible with the new regulations in Europe to import great for them. Aliexpress has also the problem of bad descriptions and weird ways to select options.
There you go fellas...dropshipping might finally take it's last breath or "be dead" as some people (losers) say.
The opposite actually
its interesting how every time the narrator refers to removing humans from the
equation its "improving" and "More efficient" -
I get it - humans aren't robots but these robots do not buy their products either (well......yet)
Yeah drones will probably end up being the last legs and the best part is a easy pully system kinda like your garage door can be installed or a box in your back yard can be the target
My AliExpress package delivery presently averages 14 days from the day of order.
i love it when companies compete like this.. keep it going guys
bruh its better if there were 4 or 6 companies like this but 2 is better than one
Anything positive to boost the BABA stock...because recently it has been a "sheesh"
Monish Pabrai, Ray Dalio, and Charlie Munger are bullish on BABA. It's all about patience.
the Tax between countries could be a big problem since it's related to policies that could change constantly
That matter is currently receiving very close attention. Expect a significant statement soon. Ebay(UK) is already adding UK VAT on goods shipped from China.
Wow. But. Not surprised. I had a feeling this was coming.