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Jacky Ma to Break Most American Local Retailer?

increase font size  reduce font Add date: 2016-11-25  Hits:86
Core prompt: Some of the biggest US-based retailers say that Alibaba would break American local retailers if Congress can’t prevent tax evasion and fraud.

Some of the biggest US-based retailers say that Alibaba would break American local retailers if Congress can’t prevent tax evasion and fraud. These companies have pointed to Alibaba when it hasn’t secured a place in US market.

In the weekend, Alliance for Main Street Fairness appealed to the Congress to stop the special tax operation towards other online retailer such as Bestbuy, Target and JC Penney.

Insiders predict that Alibaba will launch to-American Customers services with the fund from IPO. However, Alibaba said Chinese market would still be the most important business. The high internet penetration and increasing wealth will ensure Chinese market to help The company's business growth

Now, Alibala sells goods to consumers in the US through AliExpress, Alibaba’s global retail service.

 
 
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