Bigbasket is a grocery startup which has grown to be the largest online supermarket in India. They recently raised $280 million in a funding round, $200 million of which was from Alibaba who now owns a 25% stake in the company.

The use of WeChat Pay skyrocketed when Tencent introduced the Red Envelopes function. Traditionally filled with cash and given as gifts to loved ones during the Chinese New Year festival, WeChat gave red envelopes a 21st century twist.

Louis Vuitton was founded in Paris, France in 1854. It began with lightweight canvas trunks that were airtight and could be easily stacked. This easy stacking made them perfect for voyages, and also made them a roaring success. When Louis died in 1892, the business was passed on to his son Georges.