2010/2011
Chinese Entrepreneurship in the Internet Age Lessons from Alibaba.com
World Academy of Science, Engineering and Technology, 72, 405-411
| Author(s) | Linda S. L. Lai |
|---|---|
| Summary | The story of Alibaba demonstrates a credible example of how a small start-up company can eventually make it big in the global economy through the Internet. This case study does not attempt to present Alibaba as a perfect formula; rather, it discusses the strategies carried out by the firm and, in the process, culls out the important lessons that can guide start-ups and aspiring entrepreneurs in the complex world of online trading. Similar to the interesting and exotic Asian cuisine that continuously evolves from the diversity of Asia's people and their unique culture and personality, Alibaba has successfully transformed itself over the years, adapting to the changes in and demands of online business-to-business (B2B) commerce. |