© 2024 KRWG
News that Matters.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Amazon Partners With Procter & Gamble

Toilet paper roll (Jane Waterbury/Flickr)
Toilet paper roll (Jane Waterbury/Flickr)

If you haven’t heard of Ali-Baba, you will soon.

China’s largest e-commerce company recently announced it is going public in 2014, which means it will be the internet’s third largest company, and Amazon’s newest competitor.

Ali Baba’s edge is pricing — it’s able to keep prices super low because it has direct access to seller’s supply chains, which is exactly what Amazon is trying to do, by partnering with the giant like Procter & Gamble.

Guest

Copyright 2021 NPR. To see more, visit https://www.npr.org.