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Alibaba is an advertising platform. They're not a retailer like Amazon. The one day sales event is gross merchandise volume, not Alibaba's actual revenue. The p
by adventured 7y ago
Alibaba is an advertising platform. They're not a retailer like Amazon. The one day sales event is gross merchandise volume, not Alibaba's actual revenue. The parent comment is comparing apples and oranges.
eBay for example did $94b in gross merchandise volume in 2018, their revenue was $10.7b.