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Within ten years, they began to encounter pressure from domestic companies that marketed less expensive, all be it lower quality, replacements. While much of the increased competitions MNEs confront in China are foreign, domestic and joint ventures firms, they also combat illicit competition from knockoff, or pirated products. P&G a Foreign Entrant Perspective P&G entered China in 1988 (Nelson, 3, 2012); at its peak, it had 50% of the Chinese market share with some of their most trusted brands (Crocker & Ti-Chung, 2004). While P&G is still the country’s largest consumer products goods company, domestic companies such as Masson Ltd Masson Ltd and LaFang. Masson Ltd started in 1896, it was a state owned local toothpaste manufacturer until 1993 when it was privatized, it learned quickly from it foreign competitors diversifying into “several business branches including oral cavity care products, food additive, cosmetic and skin care products, and hi-tech separation technology equipment, as well as real estate and international trade” (Masson, 2013, para.
Alibaba Business Anaysis Luoweihua Xie University of Bridgeport Alibaba Business Analysis Alibaba group Introduction Alibaba group is a Business to Business e- commerce company which was founded in 1999 by Jack Ma. Ma used to be an English teacher from Hangzhou, China. With more than 40 million users and 5 million virtual storefronts, Alibaba has become one of the most useful online businesses. Alibaba Group’s mission is to connect Chinese manufacturers to other companies all around the world. It operates mainly in two different marketplaces: first, connecting Chinese importers and exporters with the global market; second, offering the platform to domestic suppliers and buyers in China.
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