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Yes, low transaction fee is part of Alibaba's strategy to grow the eCommerce market in China (and also a major reason why eBay failed their China venture to Tao
by instoftech 12y ago
Yes, low transaction fee is part of Alibaba's strategy to grow the eCommerce market in China (and also a major reason why eBay failed their China venture to Taobao in early years).
Amazon/eBay transaction fees (~10%) seem ridiculously high. They almost eat up all margins of many industries. Many small business sellers are complaining about it.