On Wednesday's Market Foolery, host Chris Hill and Motley Fool One analysts Jason Moser and Morgan Housel check out the latest venture from Chinese e-commerce giant Alibaba, a consumer online shop called 11main.com. Chris wants to know: Will the new offering hurt Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY)?
With Alibaba already more than successful in e-commerce in China, Chris knows that Alibaba will bring a lot to the table here in the U.S. While Jason sees Alibaba as a brand that has well established itself in China, he doesn't believe 11main.com will hurt these U.S. online powerhouses. Amazon and eBay, Jason explains, have cultivated strong customer relationships and established loyal customer bases. He says that the new shop may offer more unique items, though, similar to OneKingsLane.com. Morgan sees Alibaba as a company that will effectively operate as a start-up in the U.S., as the majority of consumers here don't recognize the brand.
Chris Hill owns shares of Amazon.com and eBay. Jason Moser owns shares of Amazon.com. Morgan Housel has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com and eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.