"""Amazon vs Alibaba: Who Will Win the Global E-commerce Battle Amazon-vs-Alibaba-Who-Will-Win-the-Global-E-commerce-Battle Amazon laid the cornerstone stone on July 5, 1994, whereas Alibaba kicked its venture off on 4 April 1999 which was nearly five years after Amazon's foundation. The market that was limited to a certain region then now encompassed the global space. Both were, prominently Amazon was inspiration for, even for Alibaba, hundreds of successful e-commerce ventures across the world, including India's leading e-commerce firm Flipkart. Meanwhile, there are many new-age start-ups jumping into the e-commerce world being inspired by these e-commerce titans, with the help of innovative apps developed by the best mobile app development companies. Now there is a tough competition between these two tech giants, in finding new market opportunities and having a strong footprint there. Reaching $21.8 billion initial public offering by the end of 2014, Alibaba had stood out as the largest and most valuable e-commerce company in the world. Then everybody wowed """"a new e-commerce leader is born"""". In fact, from the first day of trading, Alibaba eclipsed Amazon and EBay together. Amazon-vs-Alibaba-Who-Will-Win-the-Global-E-commerce-Battle-400 Alibaba set a dynamic focus on all areas of e-commerce, including wholesale, retail, group buying, and payments. Beside, it also made a massive investment in startup firms, shelling out $8 billion that was just in six months of short time span. Straightaway, Alibaba knocked Amazon's doorstep USA and Europe, whereas Amazon expanded its presence in Chinese e-commerce market. When comparing these two e-commerce titans, we see many similarities and more differences. Around 70% of Amazon's revenue comes from selling electronic products and merchandise, and the remaining 30% percent comes from delivering digital media content which includes Amazon Prime, an annual fee-based subscription that streams video content, and other trending digital"""
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