Amazon Vs. Alibaba: Which E-Commerce Stock is the Best Investment?
September 10 2022 - 06:00AM
TipRanks
E-commerce giants Amazon (NASDAQ: AMZN) and Alibaba (NYSE: BABA)
both experienced massive growth during the pandemic, but that has
now come to an end. Following the reopening, consumers hit the high
road again, and the economic downturn has also impacted growth. In
a sense, the slowdown was to be expected; the number of new people
turning to e-commerce driven by the stay-at-home mandates was bound
to recede with the resumption of normality. However, both companies
have also faced other headwinds. The pair have invested heavily for
the future, and that has taken its toll on their profitability.
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Alibaba (NYSE:BABA)
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Alibaba (NYSE:BABA)
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