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.
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
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
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
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
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
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Havish Gupta
Figuring Out • 5m
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
The story of three brothers who copied western startups and became billionaires. (Saturday Startup Nugget - The Samwer Brothers -Story 1).
The Samwer brothers, Oliver, Marc, and Alexander, have earned a notorious reputation in the tech world for th
Day 12
The Syndicate That Built Silicon Valley: A Tale of The PayPal Mafia
In the wild west of the late 1990s dot-com boom, two outfits were squaring off. On one side, Max Levchin and Peter Thiel ran Confinity, dealing in PalmPilot software and secur
Day 1 of The Startup Mafia Series: How 1 Startup Created 10 Billionaires
The startup world loves a good myth—the lone genius who hustles in a garage, builds something incredible, and becomes a billionaire.
Sounds inspiring. Too bad that’s not how i
