Amazon.
Is growing into a behemoth in the physical industries.
Offline and online.
Building its own logistics storage.
Quite impressive.
Of course.
Due to the lack of localization.
Its development in Huaxia has always been lackluster, squeezed out by many E-commerce and new retail companies like Ali, Jingdong, Pinduoduo, Gome, and Su Ning, losing its only opportunity to survive.
However.
Undeniably.
The model of this company.
Is the future.
Lost in Huaxia.
It's not due to the business model, but the problem lies with its localization strategy and slow adaptation. Thus, even if Amazon is overshadowed by Huaxia companies within Huaxia, it doesn't mean they're not competent.
Ten years later.
Domestic E-commerce.
Except for Ali, which has a broader scope of business.
Other E-commerce companies.
Rarely go global.
Generally speaking.