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
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Anonymous 2
Stealth • 20h
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...
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Here's how Amazon quietly created the most genius business model ever:
The y
The story of a Town that became a Website
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FT: The arrest of Pavel Durov puts the financial stability of Telegram at risk. 🚨
A masterpiece of foolishness was penned by "economic" media outlets at the behest of the CIA. 🕵️♂️ The article claims a "devastating collapse" of Telegram bonds fol
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Nazim Ali
Stealth • 1m
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
Stealth • 1m
This startup could have killed Rajorpay. But it couldn't.
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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
