In a recent Alibaba study, women born in the 1980s and 1990s have been conquering the online business arena. This populace shows a strong determination in launching Internet businesses and comprises majority of Web-based entrepreneurs.
The study also showed that 61 percent of female Web-based entrepreneurs are aged 18 to 29. The average age, 32.6, is 15 years younger than that of other women entrepreneurs.
According to the report, some of women's advantages in the online business arena over men are characteristics and communication skills.
"They (women) are more perceptive, flexible and ready to share with others. These are virtues needed in online businesses, which require much interaction with consumers and great attention to consumers' thinking and experiences," the Alibaba report remarked.
Sharing the same sentiment, Liu Sisi, zhiguoguo.com founder, said tha "women's mild way of doing things makes it easier for them to bring people together to achieve success in business."
Liu, who was born in 1982, established her online intellectual property rights service firm in 2013, which takes roots from a conventional business. Liu is a former law school student.
In 2014, Zhao Xi kicked off a drone business with two friends. She is the only female and the only one with a liberal arts background. She is the one responsible for the human resources management, finances and tax concerns of their business.
The 25-year-old who was recently hailed the "best entrepreneurial female" in a contest shared: "I think the award is good for both me and other female entrepreneurs and encourages us to do things that we used to stay away from."
The Alibaba study shared that female entrepreneurs are venturing into previously male-dominated fields such as furniture and digital products. Simultaneously, they continue to operate in traditional areas like maternal supplies, cosmetics, clothing and jewelry.