Meanwhile, JD.com (NasdaqGS: JD), which is expected to release earnings results before market open November 17, is slowly garnering market share using an Amazon-like model.
“JD.com’s efforts to compete with Alibaba through a vertically integrated approach remind us a bit of the eBay-Amazon battle,” RBC’s Mark Mahaney said in the Reuters article. There are “disadvantages in terms of limited control over customer service and fulfilment, logistics, and delivery.” [Alibaba vs. Amazon and Internet ETFs]
KWEB includes a 6.2% weight toward JD.com and 4.6% in Vipshop. IPO also has a 1.2% position in JD.
KraneShares CSI China Internet Fund
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Max Chen contributed to this article.