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On Taobao.com, China's biggest consumer-to-consumer ecommerce site, Chinese netizens could now buy themselves something a bit more special than the usual clothes or gadgets - a Lamborghini supercar.

Chinese companies manage to stay innovative? One company, Taobao, has just published an account of its in-house initiative to stay creative as the business grows larger.

Vancl, the Chinese online clothing brand and retailer, which plans to IPO in early 2012, is aiming to take big chunks out of Taobao.com's e-commerce empire...

When eBay was struggling to make it in China, various strategies were adopted to attract consumers in the country. eBay successfully ran its business strategy by entering market segments that were not dominated by local companies such as Taobao.