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#32 Alibaba: The House That Jack Ma Built
Founders
Alibaba Invests in the Uche, Keneo and JD.com
Alibaba's principal e-commerce competitor JD.com is pursuing an asset-heavy strategy, investing directly in its own logistics infrastructure. Right now in the United States, you see Amazon as a mixture of these two. But Amazon is clearly moving from an asset-light quote-unquote strategy to an asset- heavy one.
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