Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth
abovethecrowd.com
FEBRUARY 27, 2019
In 1999, Jack Ma created Alibaba , a Chinese-based B2B marketplace for connecting small and medium enterprise with potential export opportunities. We estimate that the global GMV for ride sharing was over $100B in 2018 (including Uber, Didi, Grab, Lyft, Yandex, etc) and still growing handsomely. annual GMV.
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