Thinks 66

Benedict Evans on Shopify: “Amazon’s rather different Marketplace business, which started back in 1999, probably had $275bn of third party GMV in 2020. That means Shopify’s merchant sales were over 40% of Amazon’s. Looking back a bit, Amazon had $130bn of 3P GMV in 2017, so in that sense Shopify is only three years behind.”

Clubhouse: Ben Thomson, zeynep

Reading; The Satapur Moonstone by Sujata Mistry

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.