Season 3, Episode 5: Alibaba
Acquired
00:00
Is Alibaba a Good Business Model in China?
Wolt: In china, it's ludicrously difficult to start your own rse company. And so it makes tons and tons of sense to go do it on another platform. So ali baba essentially becomes if you imagine amazon and google all in one. The place where you search for something is ali baba, and the place where you transact is Ali baba. But they're focused on consumers at this point; there's a line between small businesses and big companies.
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