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Western e-commerce beware

Amazon and Bol.com better be mindful about future competition. With Michael Zhang’s expansionist plans and an increased European Alibaba presence, the Alibaba group seems to gearing up rapidly. As an example of the difference on consumer level, check out the price difference for the exact same voice recorder: EUR 59.95 at Bol.com and EUR 11.42 (USD 12.66) at Aliexpress.com. The era of the high-margin flip and dropship is almost over.

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