Business model creation and innovation in China: not just copycats.
The BMI Lab Blog
JANUARY 26, 2018
Lean value” focus: This approach is supported by the nature of the market. The success cases for every company on this list illustrate the points above: experimentation and iteration, creative adaptation, “lean value focus,” and global ambition. In 2010 Taobao had close to 80% of the C2C market in China, entirely displacing eBay.
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