Alibaba is the dominant e-commerce company in China by far, which, along with the high margins, suggests that it's the kind of natural monopoly beloved by investors. Alibaba itself attributes this to the so-called network effect.
Many already probably heard the phrase Internet auction, but not many know that this such. Today we will review this "animal" briefly and we will decide on the basic concepts, types and types of this representative of flora.
The online auction is fading fast. Fewer than 15 percent of all who post EBay (EBAY)listings are opting for an auction-only sale these days, according to a paperpublished this month (PDF) by Stanford University researchers who worked with the online marketplace for their study.