Can you explain the growing wealth on the African continent and how Alibaba would benefit in...

Can you explain the growing wealth on the African continent and how Alibaba would benefit in ecommerce and cloud storage ?

Expert Solution

Africa is one of the continent consisting several countries. It is one of the growing continent. Countries like South Africa is shoeing real potential and several investment has been made. Certain countryies are making investment in this region.The labour is cheap here and there is huge varities of natural resources. The land cost is cheaper here as compared with other continents. Seeing these we can say the ecomony of theis continent will rise and provide the potential for the companies.

Alibaba is one the biggest ecommerce site in the world. It provides huge range of products at attractive prices. Every growing ecomony will be a market for ecommerce. African continent will provide a huge revenue to it in coming years. With cloud storage, the companies can share the data and analyse it. Companies can send these data to the countires where Alibaba has a success. The executives will analyse the data and try to model the growth phase in this continent as well.

jeff jeffy answered 1 year ago

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