Niche market for young entrepreneurs

Do you have an online shop but are fed up with numerous competitors selling the same thing? Have you wracked your brains to find a virgin field to make money? Well, one group of young entrepreneurs seems to have found just that niche in the crowded online market.

The five university friends from Hangzhou, capital of East China's Zhejiang province, have just made their first lucrative sale of a helicopter via their website 365feiji.com, an online shop catering to the burgeoning private jet market.

They started the website in April last year, but it was not until June this year that they made their first sale. A man from Northeast China purchased a secondhand Robinson R22, a single-engine light utility helicopter.