This question originally appeared on Quora, and the answers that follow were provided by Ben Chiang, Adventure Capitalist, Zach Brown, a Texan in China, and Grady Ha, marketing and strategy consultant.
Ben Chiang, Adventure Capitalist
I’d highlight three major characteristics:
1. Market dominance
Taobao/affiliates have dominated Chinese e-commerce since it began. Taobao is a C2C eBay-like site, T-Mall is a B2C Amazon-like site, and Alipay is a PayPal-like payment service. They have had 70 to 100 percent market share since ...