Will Alibaba Be Worth More Than Amazon by 2030?
Alibaba (NYSE: BABA) is often called the "Amazon (NASDAQ: AMZN) of China" because it's the country's largest e-commerce and cloud company.
However, Alibaba is still a lot smaller than its American counterpart. Analysts expect Amazon to generate more than three times as much revenue as Alibaba this year, and its market cap of $1.7 trillion dwarfs Alibaba's market cap of approximately $333 billion.
But could Alibaba catch up to Amazon by the end of the decade? Let's take a fresh look at these two tech giants and their plans for the future to find out.
Source Fool.com
