3min chapter

Acquired cover image

Season 3, Episode 5: Alibaba

Acquired

CHAPTER

What's Going on With China Market?

In 97, the Chinese government launched a site that would allow producers of commodities to list their goods for sale on this site. But because it's a government agency, you have to go through both buyers and sellers. Have to go through an insane amount of bureaucracy just to get on to the site. At the same time, yahu, which we referenced earlier, has just gone public. They are like the world, you know, inernet, darling,. everybody in America is crazy about yahu at this point.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode