The founder of the Chinese Alibaba Group, Jack Ma, left his post as the board of directors chairman on Tuesday and retired, as promised exactly a year ago. Ma founded Alibaba in 1999. In 20 years under his leadership, Alibaba has become one of the largest e-commerce corporations in the world. Its capitalization exceeds $500 billion.
After we sent our last article to the Department of Justice, they have responded. So we will be coping them on all of our future articles. We have made a claim that Amazon discriminates against both against US and honest businesses; that Amazon gives an asymmetric and unfair advantage to known and documented cheaters and/or offshore companies that use large scale fake reviews from day one.
We reviewed Travelamo this week. We have found that companies are often the most egregious users of fake reviews during a new product launch. We reviewed the Travelambo Leather Business Card Holder Case for Men or Women Name Card Case Holder Magnetic Shut (Napa Red Wine) on Amazon.
- Amazon to Walmart: U.S. retail giants woke up Thursday to yet another challenge from Amazon.com. Chief Executive Officer Jeff Bezos, this time with a call to match his company’s recent increase to a minimum wage of $15 per hour. “Do it! Better yet, go to $16 and throw the gauntlet back at us…It’s a kind of competition that will benefit everyone.”
Recently, the “Meituan” take-outs increased the commission: from the original 18% to 22%, an increase of 4% commission. Such a blatant increase in commissions, which led to domestic criticism, domestic consumers and businesses have expressed dissatisfaction.