The speed and convenience online shopping sites provide is huge and there is almost nothing we can complain about these days.
The ease of access, ability to buy stuff we want in just a few clicks and save time are some of the many advantages of eCommerce.
From Pizza Hut providing customers with a website in 1994 where customers could order pizzas to Amazon offering the ability to buy books online in 1995 – in some way or the other, eCommerce has been in existence for over 20 years.
From various studies, it is evident people now prefer virtual shopping to physical shopping, and eCommerce is exploding all over the world.
At the moment, there’d be no dispute to the claim that Amazon and Alibaba are the biggest eCommerce players in the world.
Ruling the Chinese market since the year 2000, Alibaba has helped many businesses grow and build a market internationally through the Alibaba marketplace.
Quoting the founder Jack Ma, “I’m not a tech guy. I’m looking at technology with the eyes of my customers, normal people’s eyes.” He, with his 17 co-founders has played a huge role in making Alibaba Group Holding Limited a leader in this field. Having raised $92.70 per share in its initial public offering in September 2014, Alibaba is the largest eCommerce company in Asia today.
On the other hand- ruling not just the North American eCommerce market,…