Business model creation and innovation in China: not just copycats.
The BMI Lab Blog
JANUARY 26, 2018
The American e-commerce giant acquired EachNet in 2003 for USD 180 million, with a willingness to step into the enormous Chinese market. At the same time, in 2003-2004, Alibaba invested USD 52 million to enter the C2C market in China through its service, Taobao.com.
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