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Tag: wary

Alibaba undercuts Amazon in Europe to woo wary brands, Retail News, ET Retail

After years of reconnaissance, China’s retail king Alibaba is finally making its move on Europe. It is undercutting Amazon sellers’ fees to attract vendors but has had mixed results, six sources with direct knowledge of the matter said. A flood of small businesses have joined its European platform, AliExpress, in recent months but some larger …

Alibaba undercuts Amazon in Europe to woo wary brands, Retail News, ET RetailRead More