With China’s Alibaba on the verge of what will likely be the biggest IPO this september in history, Alibab account for 80% of all online commerce in China and comparing with American E-commerce giant Amazon matters a lot. Here’s a brief breakdown of the two companies
The contemporary rules regarding FDI in Retail Ecommerce has certain limitations in the current situations. According to the existing standards, any e-commerce concern that is involved in business to business trade, for instance bulk good or marketing materials to businesses or organizations are allowed to drill 100 percent percent FDI in their company. However, the same is not applied in case of B2C e-commerce.