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Alibaba’s Business Model – How the eCommerce Giant Makes Money

Indigo 9 Digital

By Tricia McKinnon Jack Ma co-founded Alibaba in 1999. Merchants on Taobao pay a fee to rank higher within the site’s search engine results, similar to the way Google works. Alibaba does not charge merchants on Taobao listing or transactions fees. Alibaba had 1.3 billion active users last year and generated $127.9

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8 Things You Need to Know About Block (Formerly Known as Square)

Indigo 9 Digital

By Tricia McKinnon Block (formerly known as Square), the company entrepreneur Jack Dorsey built to serve small businesses in need of better financial tools and resources, continues to expand. Cash App started allowing users to make purchases in Bitcoin in 2018, making Cash App one the first mainstream payment apps to do so.

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Why DoorDash & Other Delivery Apps Struggle with Profitability

Indigo 9 Digital

By Tricia McKinnon : Let’s take a walk back in time. Food delivery companies largely sell an undifferentiated service. Even bottled water is more differentiated than food delivery services. You are hungry but you are too tired to make dinner. One of the primary reasons is customer acquisition costs.

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Alibaba vs. Amazon, 7 Differences & Similarities

Indigo 9 Digital

By Tricia McKinnon If you are thinking about who rules eCommerce then the name that first comes to mind likely differs based on where you live. The only way we do is empower the service company, logistics companies, making sure they are efficient, making sure that they make the money, and making sure that they can hire more people.”

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11 Things to Know About China’s eCommerce Market

Indigo 9 Digital

By Tricia McKinnon With $1.4 In China, digital payments, live streaming and eCommerce functionality are completely integrated within a single eCommerce platform like Alibaba’s Taobao or Tmall. Digital Payments. The two main mobile payment platforms, WeChat and Alipay have more than 1.2

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39 of the Best Sam Walton Quotes About Success, Innovation & More

Indigo 9 Digital

By Tricia McKinnon The first Walmart store opened in Arkansas in 1962. We made up for what we didn’t have by being merchants.” Fast forward over 60 years and Walmart is the largest retailer in the world with sales in 2021 of $559 billion. Not bad for a company with such humble beginnings. Don’t become too predictable.”

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The Benefits & Cons of Selling on Amazon, 10 Factors to Consider

Indigo 9 Digital

By Tricia McKinnon From small businesses to global juggernauts the question of whether to sell on Amazon is a pressing issue. If an organization decides to enter Amazon’s FBA program they send their inventory to Amazon then Amazon manages storage of the inventory within its facilities, shipping and customer service (including returns).