Blogs

Estimates vary widely but marketplace platforms, including the giants operated by Alibaba, Amazon, eBay and others, account for 58% of global web sales. That’s why so many businesses, from home-based startups to large traditional retailers such as Best Buy, WalMart, and Indigo are launching their own marketplaces. These big traditional retailers have launched their own white-label marketplaces by allowing outside merchants to sell directly on...

The two-sided marketplace is one of the fastest growing business trends in history, with investors dumping more than $23 billion in venture capital funding since 2010 into startups operating with a marketplace model. Because many of these businesses are private, it’s impossible to know the actual size of the marketplaces. Based on the data, there are several clues to indicate its success: Airbnb ($31 million) and...

Estimates vary widely but marketplace platforms, including the giants operated by Alibaba, Amazon, eBay and others, account for 58% of global web sales. That’s why so many businesses, from home-based startups to large traditional retailers such as Best Buy, WalMart, and Indigo are launching their own marketplaces. These big traditional retailers have launched their own marketplaces by allowing outside merchants to sell directly on their...

According to wikipedia the very first ecommerce activity was about 50 years ago — interestingly a cannabis sale between academic departments of two prominent universities in the US — greater the human need — greater is the innovation! Today, three months past Covid 19, our lifestyle has changed forever. I’ve personally replaced the last bit of random Walmart brick and mortar run with Amazon — an...