EPISODE · Nov 4, 2021 · 42 MIN
Inside the VC Mind: Technification in SEA - Examining the Fundamentals of the Marketplace Business Model with James Tan, Managing Partner at Quest Ventures (rebroadcast)
from Asia Startup Pulse · host Chinaccelerator, SOSV
In this episode, we go deep into marketplaces with James Tan, Managing Partner at Quest Ventures. 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. Sign up for Chinaccelerator 20 Demo Day Nov 24 at https://www.eventbrite.com/e/chinaccelerator-demo-day-20-livestream-20-tickets-188035859317?aff=podcastShow notes:2:43 - Introduction to James Tan4:21 - Transition from startup founder to venture capitalist6:06 - Introduction to Quest Ventures7:20 - Most rewarding achievements of running a marketplace9:37 - Why James is excited about marketplaces12:23 - The advantages of a marketplace over a B2C company15:41 - How to manage and control your marketplace17:55 - The most innovative marketplace models that James has seen20:28 - Is a marketplace in Southeast Asia a regional business?23:21 - The right time for marketplaces to internationalise25:53 - How should companies localise in Indonesia?31:31 - Where should Indonesian companies internationalise to34:13 - When should companies reconsider expansion35:13 - How to innovate the marketplace revenue model?40:11 - Does “marketplace” have a higher valuation multiple compared to e-commerce?Follow us on LinkedIn: https://www.linkedin.com/company/asia-startup-pulseTo join our listener group on WeChat, please add SOSV Helper (WeChat ID: sosvhero) and ask for the group invitation.Email us: [email protected] thanks to our guest James Tan; host Oscar Ramos; producers Eva Shi and Sagar Chaudhary; editor David Xu; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
Embed this episode
What this episode covers
Marketplace is one of the most common business models in Southeast Asia nowadays. In one of our previous episodes, we talked to Aaron Tan, founder of Carro, about how he has built one of the biggest used-car marketplaces in Southeast Asia. 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. In this episode, we talk about all the business fundamentals of building a marketplace: from the advantages and challenges of building a marketplace to how to manage or control it, to the importance of timing in expanding to multiple markets. A someone who has built a successful e-commerce marketplace himself and invested in several more, James also shares the most innovative marketplace models in the market and how he believes the business model can be innovated.
Ready to play
Inside the VC Mind: Technification in SEA - Examining the Fundamentals of the Marketplace Business Model with James Tan, Managing Partner at Quest Ventures (rebroadcast)
No transcript for this episode yet
Similar Episodes
No similar episodes found.