The Inevitable Shape of Cheap Online Retail

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Pinduoduo in China, Shopee in Southeast Asia, and Meesho in India operate in markets that could hardly be more different — an upper-middle-income industrial state, a stitched-together archipelago of under-banked economies, and a country where three-quarters of retail is unorganized and e-commerce penetration sits at about 7% — yet all three have landed on the same business model.

These platforms run asset-light marketplaces specializing in cheap goods and slow delivery,…



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The Inevitable Shape of Cheap Online Retail


Pinduoduo in China, Shopee in Southeast Asia, and Meesho in India operate in markets that could hardly be more different — an upper-middle-income industrial state, a stitched-together archipelago of under-banked economies, and a country where three-quarters of retail is unorganized and e-commerce penetration sits at about 7% — yet all three have landed on the same business model.

These platforms run asset-light marketplaces specializing in cheap goods and slow delivery,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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