Platform leakage, take rates, buyer:seller ratios, onboarding drop-offs, gross merchandise value. A foreign language for many, but if you operate a marketplace and are trying to out-maneuver the competition in a cutthroat landscape every day, this is what you live by, every day. It doesn’t matter if you’re running a classifieds portal, e-commerce marketplace, a […]
[VIDEO] How classifieds marketplace Carousell found itself on 1 in 4 mobile devices in Singapore.
Marketplaces account for over 50% of all e-commerce today. To remove any doubt that this is a flash in the pan, in Amazon’s most recent annual report, Jeff Bezos reported that over 2 million sellers now have listings within its marketplace. Kahuna customer Carousell, the largest classifieds marketplace in Singapore and Hong Kong started humble, […]
Zillow is taking a beating on news that it has decided to move from a pure marketplace to buying up real estate inventory. Here’s the scoop from Chloe Aiello on CNBC: “Zillow sank $5, or 9.3 percent, to $48.77 as of mid-day on Friday, knocking more than $900 million off its stock market value. “This […]