Sahil Lavingia, the CEO of Gumroad, explained that his company makes it easy to sell things online, I didn’t immediately understand why that was a service people needed. After all, you can sell things in a lot of places: eBay, Etsy or Craigslist. You could accept money through Venmo or Paypal, sell on Facebook through Chirpify, or buy a Square dongle and let people swipe their credit cards.
In the past 24 hours, India’s incredibly weird e-commerce market got not one but two votes of confidence. Yesterday eBay said it will enter into a partnership with Snapdeal, an online marketplace in which it is already a big investor. The new deal will see eBay gain access to Snapdeal’s 18 million users—more then three times the number of users eBay itself claims in India.