Success in life is often about timing: Great business opportunity we missed (5)

Opportunity in 2004: Online shop

China E-commerce market obviously had a boom since 21th century, and computer science also became a very popular major. With sharp growth of Internet users, various online auction stores, such as Ebay.com.cn were developed and promoted in the county.

Since 2004, with gradually establishment of convenient online payment system, online shops have developed vigorously; Taobao.com, China’s largest online retailer witnessed unexpectedly growth. Opening an online store was flexible and had low barriers in 2004, and the government had created favorable policy environment for e-commerce development since then. But not many people understood running an online shop can earn money at that time.