221–230 of 316 posts
The discussion in this thread shows how blind people are about China's development. They are pointing fingers to the Chinese government partly because they simply cannot imagine how much better the China competitors are. The US do have some advantages in the IT industry, but that advantage is getting slimmer and slimmer. In fact, in so many ways, people in China are enjoying much better services from the internet com…
The discussion in this thread shows how blind people are about China's development. They are pointing fingers to the Chinese government partly because they simply cannot imagine how much better the China competitors are. The US do have some advantages in the IT industry, but that advantage is getting slimmer and slimmer. In fact, in so many ways, people in China are enjoying much better services from the internet com…
Last year on Single Day alone, Alibaba handled over $30B in orders with 24 hours, and more impressively those are spread over 1,000,000,000 separate deliveries orders. It means it handled the ordering and payment processing of 11,574 orders per second, and then fulfilled and delivered those ONE BILLION orders within the next 48 hours.
Can you even imagine being an Alibaba warehouse worker during that couple days?
This is why I don't get why companies--tech giants in particular--kowtow to China in the hopes of getting access to the Chinese market. It will never happen. At least, it won't be open access. You'll have to play by Chinese rules (ie integration with the Great Firewall, storing data in China, probably integration with social credit and so on). Worse, there might be (basically forced) "IP transfer". Even after all tha…
Perhaps you didn’t read the article. This has nothing to with government interference. Local players in China are very strong with likes of Alibaba doing massive shopping festivals that easily rivals Thanksgiving. Two day delivery is China is considered slow and nothing to be proud about. On the top of this, it looks there were control issues where leaders at Amazon.cn weren’t empowered to make decisions. I actually…
Earlier quoted context omitted.
I don't think it's logical for them to have local stock. That would require a HUGE capital investment to build up infrastructure and distribution points to go head to head with the locals. I bet Amazon's CFO looks at that and then tells Bezos, "Hey, these numbers are completely irrational, let's spend the money elsewhere where we'll have a better return on investment, please."
It’s been logical to do it in a domestic market to become a market leader but it’s illogical to do it in a new market?
Amazon's infrastructure roll out paid off in the United States because there was little competition. They rushed out infrastructure and cornered the online shopping and delivery market. Walmart and the other big stores had an entirely different business model and their warehouses and infrastructure took time to adjust and catch up, with Amazon still in the lead.
In China, the local competitors already have a significant head start on their infrastructure, and Amazon would be playing catch up in a relatively unfriendly market. It could take them forever to recoup the investment, if they ever did.
Unfortunately, they can't compete without that infrastructure in place, so what else can they do but leave?
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I've been there, worked with people there, have friends there building businesses for decades. Have you been out there? Companies are allowed to operate and grow, but they are tightly controlled. Apple has strong competition and has already trimmed prices and revenue targets. China just purchased 300 planes from Airbus instead of Boeing. McDonalds sold off 80% of its China operations to a Chinese stated-owned company…
The original statement was "China will not let a non-Chinese company ever gain top position in any sector." The fact is that no chinese company has a better position than Boeing. There are no chinese company with better position than Louis Vuitton, Chanel etc. There are no chinese companies with more profits than Apple. Those are just a few examples but they prove that that it is possible for a non-Chinese company to…
They don't really care about some luxury goods brands but they are investing heavily in critical sectors like aviation. They have a long road ahead but Comac (state-owned manufacturer) is already selling commercial aircraft to other countries.
Amazon has literally won everywhere else in the world. But in China they were slow at execution? Does this read right to you? Or maybe there is a regulatory angle which no one is talking about because...China.
The discussion in this thread shows how blind people are about China's development. They are pointing fingers to the Chinese government partly because they simply cannot imagine how much better the China competitors are. The US do have some advantages in the IT industry, but that advantage is getting slimmer and slimmer. In fact, in so many ways, people in China are enjoying much better services from the internet com…
Having lived in both China and America, I have to say the living standard in Chinese cities has passed America's in many ways and, more importantly, the speed of China building new facilities is at least 10x of the US. Many American believe there's a competition between two countries, but IMO the competition is already won. Chinese no longer see the US as a competitor in many areas - you rarely hear Chinese Internet companies learning something new from their American counterparts today, or people envying America for their way of living. It's the opposite I found worrisome, that America is losing confidence and becomes more insecure day by day.
Amazon has literally won everywhere else in the world. But in China they were slow at execution? Does this read right to you? Or maybe there is a regulatory angle which no one is talking about because...China.
The discussion in this thread shows how blind people are about China's development. They are pointing fingers to the Chinese government partly because they simply cannot imagine how much better the China competitors are. The US do have some advantages in the IT industry, but that advantage is getting slimmer and slimmer. In fact, in so many ways, people in China are enjoying much better services from the internet com…
Seriously, Alibaba's e-commerce side operates at a scale that makes Amazon's entire North America (if not global) operation look like a 7/11 store hosted on Geocities. Last year on Single Day alone, Alibaba handled over $30B in orders with 24 hours, and more impressively those are spread over 1,000,000,000 separate deliveries orders. It means it handled the ordering and payment processing of 11,574 orders per second…