A simple Google search of silk road, the website that sold you a brand new home in China, turns up the website is still in business.
However, it’s not as popular as it once was and the average price has fallen to about $200 a square foot.
“When we launched Silkroad, we were just a local website, we didn’t have any experience,” co-founder and CEO Michael Li told Business Insider.
“We did everything ourselves.”
The company is a Chinese ecommerce company that allows customers to buy and sell items with the lowest prices possible online.
But the company is struggling to keep up with demand for its product.
Silkroad is now on the brink of bankruptcy, and is struggling financially.
The company was founded in 2011, and today is worth $300 million, according to CoinMarketCap.
However the company has been a huge success, with more than 100 million monthly unique visitors.
However it’s now down to $40,000,000 in debt and will need $100 million to restructure, according a report from Bloomberg.
That’s just one of many factors driving Silkroad’s demise.
SilkRoad is not the only company that has gone bankrupt.
It also recently shut down the popular Chinese online store Taobao.
Taobaao was known for being one of the most popular sites for buying and selling items online.
It has been shuttered by the company after they found that their customer base was not profitable enough to survive.
Taebao’s founder, Yang Zhongming, had been a top executive at Alibaba, the Chinese online retailer.
Alibaba had been looking to close Taobajas doors and take control of Silkroad.
In a statement, Taoboa said that “the shutdown of Taobama is an unfortunate development and we deeply regret the loss of Taebama and Silkroad,” in addition to their “huge losses” and “significant loss of market share.”
Taobao had a much bigger presence in the US.
They were the second largest online retailer behind Amazon, and they also sold goods to Walmart and eBay.
In 2017, Taobaao had more than 10 million customers.
Taobaas website was featured in Forbes Magazine.
Taiboos customer base is estimated to be somewhere between 2 million and 10 million.
The site was shut down by Taoboans bankruptcy lawyer, and the company now says that it is unable to provide any additional information.