Did You Know? The Power of Internet?

In the first class of COMM 464, we discussed about the evolution of Internet and how the Internet influence on our daily life. It does not only provide fast searching and large database but also changed the way of our living style.
People who were born during 1980s are called “Internet Generation”. Indeed, we started to make friend with Internet when we were young. I still remember the first time I search on Internet, my uncle who had oversea education introduced me this fancy net. He told me that when he studies in US, he used Internet a lot for searching information and entertainment. However, at that time, Internet was not as popular in China as it was in Western countries. Now when I looked back, I am so surprised of the super fast development of Internet in China. With more and more China-based website went public in Nasdaq, such as Alibaba.com, Sina.com, this old and traditional Eastern country welcomes the Internet and opens to the world.
So far, shopping online has become one of the most important and popular ways to most Chinese young people. Taobao.com, one of the most successful B2C online shopping website in China, had generated over $40 billion RMB in 2010. Founded by Alibaba Group in May 10th 2003, Taobao developes B2C and C2C retail through providing a platform for businesses and individuals to open online retail stores. Since Taobao.com launched in China, its consumer base expanded from mainland China to Hong Kong, Macau and Taiwan. It stands out as the giant of retail platform in Asia now.
Taobao.com is one of the successful online business examples in China. During recent decade, online business has “invaded” to every corner of the world. Online business has benefited from both advanced technology and logistics development. Its future development is positively expected.
From this short video, we can see that how fast the Internet developed. The series of data shows this change vividly. Hope you guys enjoy it!