Question: Using the following analytical and quantitative frameworks; financials (such as profit, revenues, and cost analysis) and value creation answer the following question. Over the years,

Using the following analytical and quantitative frameworks; financials (such as profit, revenues, and cost analysis) and value creation answer the following question.

Over the years, Amazon has attempted to enter the payment market, starting with Amazon Pay in 2007 and later with Amazon Cash, Amazon PayCode, and Amazon Currency Converter. Yet, as of March 22, 2021, it is still struggling. In contrast, Alibaba in 2004 launched AliPay, which immediately became a huge successwithin and outside Alibabas marketplace. Why was Alibaba able to successfully grow its payment network while Amazon struggles?

The class is Strategic Management.

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