Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth
abovethecrowd.com
FEBRUARY 27, 2019
Four years later, in May of 2003, they launched Taobao Marketplace, Alibaba’s answer to eBay. In many cases, a deeper focus on a particular category or vertical allows these marketplaces to distinguish themselves from broader marketplaces like eBay. In 2017, the company reported sales of over $500 million. annual GMV.
88 
Let's personalize your content