How a Chinese e-commerce company racked up $3 billion in sales in just one day

November 21, 2012 7:00 AM John Koetsier
John Koetsier

Editor's Pick When you're looking to scale quickly, it helps to be a high-growth company in a high-growth industry in a high-growth country.

Chinese online mall Taobao reports $3B — yes billion — in sales in one day (infographic … in Chinese)

November 13, 2012 3:02 PM John Koetsier
John Koetsier

Taobao may not be well-known on our side of the Pacific Ocean, but it is the 13th-most-trafficked site in the world according to Alexa, and it is owned by one of the largest e-commerce companies in the world, Alibaba.

Leave it to China to come up with a Pinterest clone for social shopping

March 30, 2012 12:55 PM Jolie O'Dell
Jolie O'Dell

It’s not all cyber crime and shadowy government dealings over there in China. Apparently, Chinese supercompany Alibaba is testing out social shopping via a Pinterest clone.

Sounds yummy, especially for the ladies. If there’s one thing we know about the …