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Cross-Border Commerce 101: The History, The Lingo, The $900B Opportunity

BigCommerce

2003 – Taobao founded. 3PL: 3PL stands for “third-party logistics” and is a provider of outsourced logistics services. Logistic services encompass anything that involves management in regards to how resources are moved to the areas where they are required. 1998 – PayPal & Tencent both founded.