Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth
abovethecrowd.com
FEBRUARY 27, 2019
Four years later, in May of 2003, they launched Taobao Marketplace, Alibaba’s answer to eBay. We estimate that the global GMV for ride sharing was over $100B in 2018 (including Uber, Didi, Grab, Lyft, Yandex, etc) and still growing handsomely. VIPKid , which was founded in 2013 by Cindy Mi , is a truly amazing story.
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