6-yr old Taobao.com has 120m users, 300m product listings and $15b in sales

nytimes.com

1 pointadamhowell3 comments

$15B in sales and he makes $75k a year? Doesn't sound like a sustainable business model to me.

Taobao is an online marketplace, like Ebay or Amazon. The person making $75k/year is just one seller who uses Taobao's services.

Also, $75k buys a lot more in China ($6k GDP/capita) than in the U.S. ($47k GDP/capita).

that's pretty impressive, even for china, I'll say