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Thursday, March 28, 2024

Here’s How Alibaba Defeated eBay In China

The Incredible Story Of How Alibaba Defeated eBay And Became An Internet Superpower

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Alibaba, the enormous Chinese e-commerce company, is expected to begin trading on the New York Stock Exchange this Friday.

But one of the most crucial time periods in the company's history came in the early 2000s, when the still-new Alibaba battled out with the behemoth eBay to gain e-commerce dominance in China. 

Porter Erisman, in his incredible documentary "Crocodile in the Yangtze," captures the thrilling rise of the company through real footage and photos. Erisman worked there throughout its critical years (though he had left the company by the time he started making the documentary).

The entire film is entertaining, suspenseful, and more than worth a watch, but Erisman gave us permission to use scenes from his film to tell the story of Alibaba's rise, as he saw it through his own eyes. 

This quote, from founder Jack Ma, has become emblematic of the half-decade battle between eBay and Alibaba.

This quote, from founder Jack Ma, has become emblematic of the half-decade battle between eBay and Alibaba.

Screenshot / Crocodile In The Yangtza

Keep reading: Here's How Alibaba Defeated eBay In China – Business Insider.

 

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