But one week after his product hit Kickstarter in December 2015, Sherman was shocked to see it for sale on AliExpress— The list of victims of China 's lightening - fast copycats grows , hitting businesses big and small . One is Israeli entrepreneur Yekutiel Sherman who created a smartphone app called the Stikbox that transforms into a selfie stick , however , a week after the product hit Kickstarter , an identical version was for sale on Alibaba 's AliExpress for $ 10 , well below Sherman 's original retail price of $ 10 . Copying is part of the Chinese culture , and whoever is better and faster is going to make the deal . Indeed , Alibaba 's Jack Ma says fake goods “ are of better quality and of better quality than the real names ” and come from “ exactly the same factories ” as authentic goods . It appears little can be done to stop it ; all companies or entrepreneurs can do is to wait and prepare .
The list of victims of China 's lightening - fast copycats grows , hitting businesses big and small . One is Israeli entrepreneur Yekutiel Sherman who created a smartphone app called the Stikbox that transforms into a selfie stick , however , a week after the product hit Kickstarter , an identical version was for sale on Alibaba 's AliExpress for $ 10 , well below Sherman 's original retail price of $ 10 . Copying is part of the Chinese culture , and whoever is better and faster is going to make the deal . Indeed , Alibaba 's Jack Ma says fake goods “ are of better quality and of better quality than the real names ” and come from “ exactly the same factories ” as authentic goods . It appears little can be done to stop it ; all companies or entrepreneurs can do is to wait and prepare .