Internet business can be divided into three categories: people, information, and goods. People have been Tencent circle, the information was Baidu circle, and the rest of the goods to this land.
some people would like to say that this is not a piece of goods Taobao?
Answer: the Taobao
is a paper tiger. Physical sales in Taobao is said to be 100 billion a year, accounting for less than the entire traditional retail industry, which means there is still a lot of land without a circle, the rules and the pattern of variables in the 1%. To make a comparison, online advertising will account for nearly 10% of the traditional advertising market, to this ratio, the pattern is basically set. So you’ll see even with Taobao, or a Jingdong, the annual revenues of billions of new B2C companies continue to emerge.