Venture capitalist: Taobao's model may not always lead

11/2/2011 | Wall Street Journal, The

Taobao is currently China's largest online retailer, but its popular discount model may not always be what the country's consumers want, says venture capitalist Hurst Lin. The Alibaba-owned online selling site could lose its lead in four or five years, as shoppers move from low-priced sites to product-specific e-commerce ventures, he said.

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