Alibaba Turns Its Focus To Attract Established Players on Amazon to Its E-Commerce Platform AliExpress
Alibaba Group Holding Limited (NYSE:BABA) is one of the Top 10 Long-Term Stocks to Invest In According to David Tepper. On September 22, Bloomberg reported that Alibaba Group Holding Limited (NYSE:BABA) is trying to attract established players on Amazon.com to its global e-commerce platform AliExpress. Alibaba is focusing on expanding its footprint on Amazon’s home turf. AliExpress is trying to add more leading brands to its platform by offering lower shipping fees and taking lower cuts of sales compared ...