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> Both companies are vying for dominance of the rapidly growing cross-border e-commerce market, which by 2020 is expected to swell into a $1 trillion industry s
by balls187 11y ago
> Both companies are vying for dominance of the rapidly growing cross-border e-commerce market, which by 2020 is expected to swell into a $1 trillion industry serving 900 million shoppers, according to a June report from Accenture and AliResearch, Alibaba’s research arm.
$1 trillion ecomm market.
> If the logistics business takes hold, financial services could follow, with Amazon giving loans to merchants, processing international payments and consulting its network of sellers on customs and tax matters.
Today, Amazon FBA Merchants get zero help for Sales Tax, as Amazon pushes all liability onto the individual merchants. Why would this be different for cross-border taxes?