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· Ryan General
Alibaba is About to Make $20 Billion in ONE DAY
China’s online retail behemoth Alibaba is gearing up for a massive revenue for the upcoming “Singles’ Day,” China’s official online shopping holiday scheduled Friday Nov. 11. According to market experts, Alibaba’s online sales may reach a record-breaking $20 billion this time…
· Ryan General
Australian Woman Makes $1 Million in One Day Selling Soap in China
An Australian woman was among the many retailers who made bank during the Chinese shopping bonanza that is Singles’ Day. In just 24 hours, Melbourne-native Danielle Di Pilla made a whopping $1 million on Singles’ Day by selling 350,000 units of her “Goat Soap” to eager Chinese…
· Ryan General
Billionaire Jack Ma Says Trump Must Work With China or Face ‘Disaster’
Alibaba founder Jack Ma is now suggesting that U.S. President-elect Donald Trump must work with China to prevent a so-called “disaster.” The billionaire retail magnate gave his opinion in an interview with CNN, stating that if the world’s top two economies have a healthy and…
· Ryan General
Singapore Website Shutdown After Selling Fake Calvin Klein Products from Taobao
A retail website in Singapore has been ordered by the local High Court to stop selling counterfeit Calvin Klein products after the fashion brand filed a suit for trademark infringement. Website SGbuy4u was found selling fake Calvin Klein goods after investigators successfully…
· Ryan General
Chinese Students are Earning $3,000 a Week Selling Australian Baby Formula to China Over WeChat
Chinese international students living in Australia have been making a killing in re-selling baby formula and other Australian health products to buyers back in their home country. Earning thousands of dollars per week, these budding entrepreneurs have discovered the lucrative…
· Editorial Staff
Here Are the Hourly Wages of Some of the Biggest CEOs Today
A restaurant or retail worker making a hypothetical minimum wage of $15 an hour would still have to work full-time almost 23 days to earn as much as the median CEOs in these industries earn in an hour. That calculation, by USA Today using public data from S&P Global Market…
· Editorial Staff
Nike is Suing This Chinese Shoe Company For Doing What Chinese Companies Do Best
Nike has filed a patent infringement lawsuit against Chinese shoe brand Fujian Bestwinn. According to the new suit, Nike alleges that the Chinese company has “made, used, sold, offered to sell, and/or imported into the United States” shoes with the “same or substantially similar…
· Laura Dang
How a Swedish Farm Boy Hustled His Way to Becoming the Billionaire Owner of IKEA
The man who founded IKEA, the world-famous Swedish furniture store, insists on flying economy and buying his clothes secondhand at flea markets. One of the richest and most mysterious self-made billionaires, Ingvar Kamprad has an incredible rags to riches tale that began on the…
· Editorial Staff
Here’s the Genius Way Luxury Brands Are Luring Rich Chinese College Students
Knowing how much Chinese consumers love designer goods, Western luxury brand sellers are aggressively targeting mainland students in the United States. Nearly a third of of wealthy parents in China send their children to the United States for primary school or college, according…
· Ryan General
Investigation Reveals a Heartbreaking Secret Behind Shrimp in the U.S.
It is always convenient to eat peeled shrimp without having to remove its scaly, thin shell yourself. Peeling them can be tedious, annoying and can distract you from enjoying a meal. For your convenience, most shrimp products now come peeled. The kicker: slaves in Thailand may…
· Max Chang
How Reddit Banded Together to Help a Woman Save Her Small Business
Reddit, the internet’s primary resource for quality cat gifs and the platform for which most major publications get their source material, is also one of the most supportive communities on the internet. Entrepreneur Sue Sullivan experienced this firsthand when the Reddit…
· Editorial Staff
Asian Condom Shares Plummet After China Abandons One-Child Policy
The new Chinese economic policy allowing citizens to bear two children is having a positive effect on just about everyone except condom companies. Many people and companies were thrilled with the new family planning law, but a leading global company that produces rubber and…
· Laura Dang
Here’s the Real Reason Why Men Buy Engagement Rings When They Want to Get Married
The sparkly diamond ring that ends up on every newly engaged woman’s finger is a result of one company’s mastermind plan to perpetuate the myth that a diamond is a symbol of everlasting love. The kind of engagement rings that existed prior to the late 1800s were not centered…
· Editorial Staff
Why this CEO Wants Everyone to Have a Human-Like Robot for Less than an iPad
In case you were concerned, robots will not be taking over the world any time soon. By the time you are older, however, you may be seeing them around working regular jobs and looking just as human as you. For some of today’s most sophisticated human-like robots, we have Hanson…
· Max Chang
Alibaba is Getting Sued For Allegedly Letting Users Sell Fake Luxury Products
A group of luxury brands have filed a lawsuit against Alibaba for allowing users to sell counterfeit products on their site. The lawsuit was filed in Manhattan federal court by Kering, a holdings company that counts Alexander McQueen, Balenciaga, Brioni and Gucci among its owned…
· Editorial Staff
Black Cards and Vertu Phones: The Life of a 20-Year-Old Self-Made Millionaire
Everyone knows that financial freedom isn’t easy to attain. It can take years of hard work, discipline and luck to reach it. Then there are people like 20-year-old entrepreneur Evan Luthra. Evan Luthra recently hit the internet spotlight when his Instagram account was featured…
· Benny Luo
VICE: Why You Must Break Rules in Order to Innovate
You may or may not know DJ Vice, but in case you don’t, you might recognize his track “The World is Our Playground,” which has been featured in Bud Light’s latest “Up For Whatever” campaign videos. Vice, who recently dropped the “DJ” from his name, has been DJing professionally…
· Waylae Gregoire
She Got Her Start as a Hooters Waitress. Now She Runs a Billion Dollar Company
One of the things our generation would really love to change in society is to see more female leaders in business. It’s on the rise, there’s no doubt about that, but we still feel there aren’t enough female role models for women to learn and take notes from on how to find…
Answer
Hello Kitty connects to Sanrio, licensing, collabs, and global retail.