Li & Fung – The Downfall of a Platform

Posted on

On March 6th of this year, the supply chain management giant Li & Fung will be unceremoniously removed from the Hang Seng Index, a globally recognized index of Blue Chip Hong Kong Companies, to be replaced by Greely Automobile. It will mark the another step in the steep decline of a company which was once synonymous with outsourcing and cheap Asian manufacturing.

TopTal.com: Growing a new marketplace platform in a competitive space.

Posted on

Toptal is a two-sided marketplace that matches freelancers who are looking for work on one side, with companies looking to hire temporary workers on the other side. Even though it competed with established large platforms, the company managed to grow faster than the market and establish a successful platform by focusing on the ‘high-end’ part of the market.