Is Amazon rolling over for Alibaba in China?

Amazon may be the king of e-commerce in the West but Alibaba rules over the Chinese market and Amazon has been struggling to compete. The company’s latest move to expand in China could be seen as either an admission of defeat or a clever business move, depending on who you ask. If you ask me, the Amazon’s decision to open a digital store inside Alibaba’s Tmall, essentially making it Alibaba’s customer, is a mix of both, half admission of defeat, half clever business move.