Remove 2008 Remove Retail Trends Remove Shipping Remove Wholesale
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Alibaba’s Business Model – How the eCommerce Giant Makes Money

Indigo 9 Digital

Tmall.com spun off from taobao.com in 2008 to connect higher-end brands with consumers. It is a wholesale marketplace where manufacturers, trading companies and resellers trade goods in large quantities. Then sellers ship merchandise directly to customers via third party logistics providers. Source: Statista. AliExpress.

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6 Ways Farfetch is Disrupting Luxury Retail

Indigo 9 Digital

Farfetch, which launched its luxury goods online marketplace more than a decade ago in 2008, clearly had a vision of what online luxury sales could be before many woke up to this reality. This model is in contrast to Farfetch’s rival Net-a-Porter which operates primarily a wholesale model where it owns the inventory sold on its site.