Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth
abovethecrowd.com
FEBRUARY 27, 2019
Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. Launched in 2005, Etsy is a leading marketplaces for the exchange of vintage and handmade items. The company was acquired by ebay in January 2007.
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