Alibaba Favored Over JD, Amazon In China Online Field

By | December 14, 2015

Scalper1 News

A survey of China consumers convinced RBC Capital Markets to reiterate an outperform rating on Alibaba Group (BABA), which showed a much stronger position in the online sales marketplace than JD.com (JD) or Amazon.com (AMZN). The survey of more than 1,500 consumers also showed a robust spending behavior, with 90% of Chinese online shoppers hitting the buy button at least two to three times a month. The survey revealed that Alibaba e-commerce Scalper1 News

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