Show notes
Today, we are going to dig deeper into marketplaces again with James Tan, Managing Partner at Quest Ventures. Prior to this, James was co-founder and COO of 55tuan, a NASDAQ listed e-commerce group that grew to more than 200 cities and 5,000 employees across China.Show notes:2:10 Introduction to James Tan3:48 Transition from startup founder to venture capitalist5:35 Introduction to Quest Ventures6:50 Most rewarding achievements of running a marketplace8:40 What James was excited about marketplace11:50 The advantages that a marketplace has to serve customers15:08 How to manage or control your marketplace17:00 The most innovative marketplace models that James has seen19:22 Is a marketplace in Southeast Asia a regional business?22:48 The timing for marketplaces to internationalise the business25:00 How to localise in Indonesia?30:58 The next market that Indonesian companies expand to33:40 When should companies reconsider expansion34:35 How to innovate the marketplace revenue model?39:38 Does “marketplace” have a higher valuation multiple compared to e-commerce?Many thanks to our guests James Tan; host Oscar Ramos; producers Eva Shi and Sagar Chaudhary; editor David; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.comShare, subscribe, review, enjoy!To join our listener group on WeChat, please add SOSV Helper (WeChat ID: sosvhero) and ask for the group invitation.To subscribe to our newsletter, please visit www.asiastartuppulse.comFollow us on LinkedIn: https://www.linkedin.com/company/asia-startup-pulseEmail us: [email protected]