Previously, we discussed the various business models of JD.com, Alibaba, and Meituan. To conclude this deep-dive E-Commerce series, I have three topics to share in this article: Why E-Commerce Business Models are Often Misunderstood Why Scale is Critical for Marketplace Business Models Sources of Funding for E-Commerce Business Models To prevent confusion, do read my…
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Previously, we discussed about the merits of an “Online Marketplace” business model. If you have not read the previous article, do read it here before you proceed with this article. What I will be covering today: What is the Direct Sales (1P) business model? How does it relate to the online marketplace? Comparison between JD.com,…
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Before we begin, I’d like to first define what is an “Online Marketplace” – An online marketplace is basically a place where various independent sellers and buyers get together. Buyers can search for the items listed by sellers through a website or a mobile phone application. And if you’ve ever used Taobao, Shopee or Amazon,…
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Someone is sitting in the shade today because someone planted a tree a long time ago. -Warren Buffett One of my wishes is to share some of the knowledge I’ve gotten from my mentors. My partner (Jonathan) and I brainstormed on a potential book collaboration, pooling together our wealth of experiences in the stock…
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