How Big Is Alibaba according to Jack Ma? Let compare Amazon vs. Alibaba vs. eBay. Jack Ma is the founder and CEO of Alibaba. If you have not heard of Alibaba it is basically the equivalent of Amazon in China. It is a huge company. Here is an assortment of retail blogs regarding Walmart, Amazon, and Alibaba. Alibaba vs. Amazon: The race to $500 billion. Alibaba stock has appreciated more than Amazon this year, and it is within striking distance of surpassing Amazon in terms of market cap. Investors see Alibaba as a proxy for China’s fast middle-class growth.
Alibaba shares are trading at a fraction of Amazon’s shares. This means that large percent gains are easy to come by. Then there’s a strong momentum for Chinese Internet stocks, as evidenced by strong gains in KraneShares SCI China Internet ETF. The largest commerce platform on Earth. It’s bigger than Walmart. Much bigger than Amazon.”
A large part of its growth has been fueled by mom-and-pop shops like those run by Liu Yuguo, a former farmer who has transformed his village in eastern China by taking its traditional yarn businesses online. Alibaba said in 2014 more than 22 percent of its 7 million stores were based in villages and towns.