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UPS New Ecommerce Ecosphere white paper

November 3, 2019

We live in the age of the Platform Economy using Uber and Lyft to catch a ride, Airbnb to rent a room and OpenTable to get a reservation at the trendiest new restaurants. And those are just a few of the myriad companies that have succeeded in turning old-fashioned products and services into marketplaces with their own ecosystems. And so it is with online retail, where marketplaces like Amazon, Alibaba, Mircado Libre and Flipkart have become the first stop for many shoppers. Merchants can list their wares on the big marketplaces, reaching audiences far larger than they could themselves. At the same time, they can engage Shopify, Square, ShopRunner or the hundreds of discrete service providers that have emerged to set up or enhance their own market platforms.

Spotlight

VF Group

VF Group operates leading businesses in fashion retail, clothing manufacturing, outdoor media, contemporary design lighting and furniture distribution, along with real estate development. The company found its beginnings over forty years ago as a small tailoring shop on the island of Malta. Although VF Group has grown exponentially, it remains true to its roots as a family business upholding its founding values of dedication, ambition and innovation.

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