Question: Please answer critical question thinking below 1. Alipay is the electronic cash system developed by Alibaba for Taobao.com and TMall.com, but it can generate revenues
Please answer critical question thinking below
1. Alipay is the electronic cash system developed by Alibaba for Taobao.com and TMall.com, but it can generate revenues for Alibaba when Alipay is used for other purchases such as at restaurants, grocery stores, etc. Mastercard and Visa have recently passed the Chinese governments regulations to be used in China, but those credit cards are mainly accepted at larger restaurants, hotels, and other travel industry establishments in larger areas. Small businesses and businesses in rural areas are unlikely to accept Mastercard and/or Visa. Would the increased use of Mastercard and/ or Visa at Taobao.com and TMall.com help or hurt Alibaba? Explain your answer
2. Chinese citizens made over 130 million trips overseas in 2017, and the numbers increase yearly. How does Alibaba leverage its Fliggy e-commerce site to profit from using Fliggy instead of an e-commerce Web site in the country being visited by the Chinese tourist?
3. Review the Overcoming Global Issues section of this chapter and then visit the TMall.com e-commerce Web site. How does TMall deal with the six challenges listed in that section?
4. Create a list of key points learned from the case.
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