Amazon has made a massive move to challenge China’s Alibaba Group for global e-commerce/cross border dominance, to court Chinese consumers and brands, and compete with FEDEX and UPS, in one fell swoop. Their new venture “Amazon Global Supply Chain” (AGSC) is now a reality, with a launch date set for this year. At stake is a projected $1 trillion in cross border e-commerce revenue by 2020.
from Forbes – Tech http://ift.tt/1V1e4UV
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