81: Making sourcing in China social and reliable with Milad Nouri

China Paradigms

Matthieu David interviews Milad Nouri, Co-founder and CEO of YOOSourcing. In this China business podcast, we learn about his company, a collaborative and decentralised solution for global sourcing. It combines the power of trusted social networks with audited and verified transactional data to bring a comprehensive global sourcing solution in the palm of your hands. Milad discusses the business model of YOOSourcing, how they get suppliers, how blockchain is used on YOOSourcing and more. 1:13 The size of the business 2:04 The business model of YOOSourcing 4:50 How did YOOSourcing get their suppliers 9:55 How does YOOSourcing make money 10:33 What features do YOOSourcing provide 12:14 How does blockchain being used on YOOSourcing 21:09 Does Milad feel that there is an issue of trusting of Alibaba? 26:50 How much does YOOSourcing charge for the premium version? 29:46 Which section of YOOSourcing focuses at the beginning? 31:15 Is YOOSourcing charging suppliers for more service? 33:40 What makes Hangzhou attractive to Milad? 36:10 Did Milad benefit from the ecosystem in Hangzhou? 39:56 Which book inspires Milad the most as an entrepreneur? 40:03 What does Milad read/listen to stay updated about China? 41:11 What book about China does Milad recommend others to read? 42:10 What productivity tool does Milad like the best in China? 42:50 An idea Milad would like to work on if he has extra time 43:15 The most surprising experience of Milad in China 44:10 An unexpected business success Milad witnessed in China 45:12 An unexpected business failure Milad witnessed in China Learn more about YOOSourcing https://www.yoosourcing.com Listen & Subscribe: Apple Podcasts: https://podcasts.apple.com/us/podcast/china-paradigms/ YouTube - https://www.youtube.com/channel/UC2y6ixpQB1WIs6GMdUeoq4g Website: http://chinaparadigm.com/ Thanks for listening! if you like what you hear, do us a favor and write a review on iTunes. What is China Paradigms Podcast? China Paradigms is the China Business Podcast for entrepreneurs and China watchers. Learn from business professionals in China on our China Paradigms.