The $1 Trillion Ecommerce Opportunity

As a fascinating Bloomberg articles denotes, the cross-border ecommerce opportunity is expected to be a $1 trillion business by 2020. And Amazon is going after Alibaba and others to grasp it. As outlined:

The ambitious strategy promises to turn FedEx and UPS into Amazon rivals, but also will pit the Seattle giant against Chinese counterpart Alibaba Group Holding Ltd. Both companies are vying for dominance of the rapidly growing cross-border e-commerce market, which by 2020 is expected to swell into a $1 trillion industry serving 900 million shoppers, according to a June report from Accenture and AliResearch, Alibaba’s research arm.

More at Bloomberg

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