Alibaba Group Holding Ltd’s Connected Car Strategy Threatens Apple, Google

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Alibaba Group Holding Ltd’s Connected Car Strategy Threatens Apple, Google
By Charliepug (Own work) [CC BY-SA 4.0], via Wikimedia Commons

U.S. brick-and-mortar retailers are already scared of Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA). Retailers are not the only ones facing challenges from Alibaba. Tech giants such as Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) have been strengthening their positions in the connected car market.  But Alibaba seems to have even bigger ambitions in this segment.

Alibaba and SAIC focus on B2B revenue generation model

The online retailer has partnered with China’s SAIC Motor Corporation Limited (SHA:600104) to address the connected car market. The two companies plan to develop an Internet-connected car in the next two years. Google and Apple are focused on in-car app and smartphone experience. But Alibaba is also eyeing cloud computing and predictive data analytics.

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