Most people have heard of Alibaba, the Chinese e-commerce juggernaut which listed on the New York Stock Exchange in September 2014 raising US$25 billion and setting a record for the biggest public share listing to date. Not content with that record, Alibaba’s 2015 Singles Day sales (akin to the US’s Black Friday or Cyber Monday) […]
The online marketplace is not a new phenomenon; eBay and Amazon both made the business model famous in North America in 1994-1995, enabling thousands of micro-entrepreneurs to get online and sell to other customers over the internet. Since then, Asian marketplace websites such as Taobao (Mainland China), Rakuten (Japan), Lazada (South-East Asia) and many others […]
