The global market lost in China, the former richest man in the world withdrew, and said goodbye with 6 trillion assets
As we all know, with the accelerated development of the global economy, many technology giants have been born in the world, especially in the field of e-commerce, a large number of multinational giant companies have emerged, such as Amazon from the United States, Alibaba, Jingdong and other companies are world-famous e-commerce giants, among which Amazon with its excellent service capabilities and market share, it often becomes the largest technology giant in terms of market capitalization and the highest market value in the world!
Amazon was once the world's most valuable technology company.
Because Amazon is a world-famous e-commerce giant, in addition to the United States, but also in South Korea, Japan, the United Kingdom and other countries and regions to open e-commerce services, it is worth mentioning that Amazon has also been in the Chinese mainland market for a period of time, at its peak, Amazon's market value exceeded 1 trillion US dollars, and its founder Bezos, with Amazon has become the world's richest man worth more than 6 trillion US dollars! !However, with the continuous changes in the international market, Saudi Arabia's oil companies have now become the world's largest market, and Bezos's personal value has also dropped a lot with the decline in Amazon's market value!
Conquer the world market, but lose the Chinese market.
Because Amazon is the world's oldest e-commerce platform, its range of activities is very wide, with the continuous expansion of the Amazon market, it has almost conquered the global market, and there are Amazon's services in many places, but only in the Chinese market, Amazon has lost to Alibaba and JD.com and many other national e-commerce platforms, and the world's richest Bezos has officially withdrawn from China with assets of $6 billion!o!
The former richest man in the world officially withdrew with 6 trillion assets.
In China, many users will use Amazon's platform to buy books online, but with the rapid rise of Alibaba, a comprehensive e-commerce giant, Amazon's market share in China continues to be squeezed, compared to Alibaba, a local e-commerce platform, Ali obviously understands the Xi of domestic consumers, not only fast logistics, but also good service, but Amazon hopes for its high market share in the international market. With a high market share in the international market, Amazon ignored the construction and service of the logistics system in the domestic market, and soon, in the competition with Ali, Amazon lost the battle!
Amazon has copied its business model in the US market to China, and the development of other markets is doomed to failure!
Over the years, under the leadership of Bezos, Amazon's development speed is also very fast, in order to encourage employees to contribute to the company, Amazon also encourages employees through options instead Xi of money, and gives employees very high job benefits, it can be said that these are domestic technology companies worth learning from, but Amazon will copy its business model in the American market to the development of the Chinese market and other markets, it will not work!Knowing how to follow the local customs, soon Amazon's after-sales service, service and logistics system lost to the domestic local e-commerce platform, and Amazon did not withdraw from the Chinese market!
Now, China's e-commerce market has been captured by Alibaba, JD.com and Pinduoduo, and the rest of the e-commerce market has a small market shareAlthough Amazon has conquered the global market, it has lost in China, and Amazon's kindle e-book business has also been discontinued in China, which also means that Amazon will officially withdraw from the domestic market