Trudy Dai (Dai Shan) is no stranger to incubating startups. In 2010, as head of human resources at Alibaba’s B2C unit Taobao, she introduced the concept of "horse racing," an intrapreneurship program that invited employees to come up with innovative projects. Alibaba provided office space, funding and manpower to the winning teams to help them turn their ideas into reality.
Over the next three years, Taobao employees proposed 350 projects, 10 of which were approved by the company and bore fruit. The iOS version of the Taobao app, direct industry web guide tao123.com and e-commerce platfo...
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