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Browsing e-commerce: An untapped $250B+ opportunity
This market they were entering admittedly seems crowded at first glance. It consists of four major categories: Brick & Mortar, Supermarket Delivery, Marketplaces, and Instant Commerce.
Turner Novak • JOKR and Personalized Instant Commerce
Fresh groceries have remained the holy grail of e-commerce. A task so daunting that even Amazon hasn't been able to crack it. In China, the retail grocery market is estimated by McKinsey to be worth 5.2 trillion RMB (794bn dollars) in 2019, with only 10% of that currently online. In 2020, it seems like we've finally found a business model where the... See more
Lillian Li • The hottest and least understood e-commerce model: Community Group Buying
Moreover, Wish's shopping experience is unique. It's a mobile first shopping experience and not a replication on mobile of web based marketplaces that are mainly driven by search query. Wish has centered the experience around discovery with a personalized feed of products that you can scroll infinitely and gamified features.
Alexandre Dewez • 🎄 Wish IPO Analysis - Reinventing Ecommerce for the Invisible Half
Native vs. Skeuomorphic innovation, lessons from Gaming, and the future of online commerce