What is the impact of the different strategies and business models of these companies on their financial statements?

Read the case study and answer the following question :
1. What are the strategies and business models of Alibaba and JD?

2. What is the impact of the different strategies and business models of these companies on their financial statements?

3. What are the risks of Alibaba and JD according to their financial statements?

Note: Make one page for question number 2 and split the other two question not he second page