What are the latest initiatives coming out of Amazon? How do they stack up in relation to actual or potential competition? Is Bezos making the right decisions as he guides the firm through the ever-evolving challenges of today's cyber markets? Or is he starting to lose touch as the company grows and his other personal interests take more time and attention? And what about Alibaba? Will the world's largest e-commerce company take over Amazon's market?

Latest Initiatives of Amazon:

Amazon is into the development of Drones which can be used for delivering the products. This helps the company to develop a good customer rapport. Bezos always believe that customer satisfaction is more important than any other services. Therefore they are into the development and designing of a better logistical solution. Amazon develops FireOS which gives a different experience than Android. Web services, better logistics solutions and Amazon studios are used by wide range of professionals. Amazon studio can be used by anyone who would like to make any movies. Diversification is also important for a business But Amazon should always improve in its core business and should give a better service to sustain and to be a market leader in online retailing.

Alibaba operates on a number of e-commerce sites aimed at different types of sellers. Alibaba's Taobao is one of Alibaba group's most profitable marketplaces and is responsible for more than 80% of Alibaba's sales. Even though the mode of operation of both companies looks similar at first glance, they are quite different.

Alibaba isn't involved in direct sales and does not own any warehouses like Amazon. They simply help small businesses and branded manufacturers reach consumers. Amazon operates on a managed online platform that looks similar to a traditional store but stays online. It exercises control over customer experience.

Alibaba looks profitable, but the company is facing strong barriers in finding new customers and adapting to new economies. Amazon has already recognised the fact that to compete with Alibaba in China, they need to invest a huge amount of money to increase sales and has pivoted away from China to focus on other prominent regions.