Back

Anonymous

Anonymous 2

Hey I am on Medial • 7m

The bargaining aspect was genius. Western platforms try to eliminate price negotiation because it's 'inefficient', but in China, bargaining is part of the shopping experience. People literally felt something was missing when they couldn't haggle on eBay.

1 Reply
Replies (1)

More like this

Recommendations from Medial

Image Description
Image Description

Havish Gupta

Figuring Out • 7m

How Alibaba Beat eBay in China So In 2003, eBay was leading China’s e-commerce market with over 77% market share! But then, because of one company, eBay exited China’s market and never came back again. And that company is Taobao (Alibaba’s B2C sit

See More
7 Replies
2
15
Image Description
Image Description

Vishu Bheda

 • 

Medial • 10m

Everyone thought Bezos was insane in 2005... When he gave away unlimited free shipping. Now, Amazon's "free shipping" makes more money than Snapchat and Airbnb combined. Here's how Amazon quietly created the most genius business model ever: The y

See More
2 Replies
3
35

The Hustler

Become the 1% • 4m

"Zepto Goes from Groceries to Genius: Unleashes ‘Atom’ to Decode Your Shopping Soul!" Zepto entering the consumer analytics game with Zepto Atom? Now that’s a plot twist in the quick-commerce saga! What was once just about zippy grocery deliveries i

See More
Reply
5
Image Description
Image Description

Ansh Kadam

Founder & CEO at Bui... • 9m

The story of a Town that became a Website In 1999, a tiny US town called Halfway with just 360 residents was struggling. Its economy relied solely on tourism, and there wasn’t much else going on. But the town's faith changed as here comes Half. com

See More
12 Replies
1
12
Image Description
Image Description

Vishu Bheda

 • 

Medial • 9m

This is the youngest billionaire you never heard of... He was a pizza boy who built Gymshark into a $1.3B company with only $500. His strategy was so simple but GENIUS that Nike, Puma and Adidas executives couldn't believe it. Here's the full stor

See More
4 Replies
5
9

Nazim Ali

Philosopher • 8m

Meet Jose Adolfo, the youngest bank founder in history who saw a problem and created a solution that would change THOUSANDS of lives. Living in Peru, he noticed two big issues: Many people couldn't save money because of poverty Streets were filled

See More
Reply
Image Description

Ansh Kadam

Founder & CEO at Bui... • 6m

This Argentinian guy missed the chance to pitch to Warren Buffett. But today, he built Latin America’s eBay worth over $95 Billion. Meet Marcos Galperin, the founder of Mercado Libre. Marcos was born in 1971, in Buenos Aires, Argentina. Coming fro

See More
1 Reply
2
11
Image Description
Image Description

Havish Gupta

Figuring Out • 8m

This startup could have killed Rajorpay. But it couldn't. This is the story of Airpay, a fintech startup founded by Kunal Jhunjhunwala in 2012. He realized many small businesses, especially in rural and semi-urban areas, struggled to accept online

See More
10 Replies
13
28
Image Description
Image Description

Sushant Kale

Strategy | CEO’s Off... • 6m

Why Most Startups Fail Before They Even Start Let’s be real: Startups don’t fail because of bad ideas; they fail because founders skip the basics. It’s like throwing a party but forgetting to send out invitations. Great setup, but no guests! Common

See More
2 Replies
10

Download the medial app to read full posts, comements and news.