How Amazon Is Fighting Rakuten For E-Commerce In Japan

roadwarrior

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CNBC
Published on Apr 30, 2019
Amazon is involved in around half of all e-commerce transactions in the United States, but in Japan it faces competition from Rakuten. The Japanese e-commerce giant has a loyalty program and a suite of products including its own credit card, online bank and streaming services. In recent years, Amazon’s superior logistics capabilities and focus on price have allowed the company to capture greater market share. Watch this video to learn how the two e-commerce giants are borrowing the most successful parts of each other’s models as they look to the future.

 
:dance2: Competition is almost always good for the consumer.:happy: Thanks Mike.:hat:
 
I use both Amazon and Rakuten, so this was a very interesting watch.

Thank you for posting!! :)
 
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