Business
Better buy: Alibaba vs. Amazon
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
Alibaba Group Holding Ltd (NYSE: BABA) and Amazon.com, Inc (NASDAQ: AMZN) are two of the world’s largest e-commerce and cloud infrastructure companies.
Alibaba owns the largest online marketplaces in China, and Alibaba Cloud is the country’s leading cloud platform. Amazon is the e-commerce leader in the U.S., Europe, and other markets, and it owns AWS (Amazon Web Services), the largest cloud platform in the world.
Alibaba went public six years ago, and its stock has risen nearly 300% from its initial public offering (IPO) price. But Amazon’s stock surged more than 830% during the same period. Let’s see why Amazon…
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