CHINA'S SEX TOY STARTUPS

The IBT reports, c/o of a report in the South China Morning Post, that China's sex toys startups are banging out revenue left and right.   

Photo credit: Jason Lee / Reuters

"Demand is huge because most people prefer the privacy of shopping for sex toys online,” Li Chengze, another young entrepreneur, said. Starting her career as a journalist, Li eventually opened her own online store, Xiao Ye, after she realized the sex-toy market’s profitability while working in the advertising industry for a year. Li, 26, launched her store only last October, but says she is already receiving hundreds of orders every month.

[h/t: Tracy Clark-Flory]