instoftech

4 ms·

1.
by instoftech 12y ago
Government regulation is one reason. But there are many other reasons (some are arguably more important), one of which being localization. Check out other Asian markets (South Korea, Japan, Russia) and you may notice something interesting:
2.
by instoftech 12y ago
Yes, low transaction fee is part of Alibaba's strategy to grow the eCommerce market in China (and also a major reason why eBay failed their China venture to Taobao in early years). Amazon/eBay transaction fees (~10%) seem ridiculo
3.
by instoftech 12y ago
Yes, their microloans business is what makes investors particularly excited. They have the technology (big data) and resource to disrupt internet finance. One note: <another comment posted here is inaccurate>. Their microloan business
4.
by instoftech 12y ago
Alibaba's model (in eCommerce) is very different from Amazon's. Alibaba is only the middle-man platform, and doesn't keep its own inventory or warehouse.
5.
by instoftech 12y ago
Many recommendation services rank contents based on its actual content relevance (not just on likes/retweets). For instance, Prismatic ( http://getprismatic.com ) used clustering to group contents of similar topics, which doe
6.
by instoftech 12y ago
Like this? http://siftscience.com
7.
by instoftech 13y ago
Yes. I believe the poster completed at least one transaction and this is the famous "pizza story" in the Bitcoin world.
8.
by instoftech 13y ago
Well, at least they did write some code of their own... Most copycat coins I know of (including some highly-priced ones) did nothing but merely changed some config parameters of the Bitcoin codebase. Github repositories of theirs seem dea