Jack Ma is a "visionary businessman, at the same time he enjoys a lot of what I call propaganda, brainwash."
Bloomberg talks to three individuals whose lives have been upended by China's tech smackdown.
From Alibaba to ride-hailing app Didi, China's tech crackdown has affected hundreds of millions of lives in the country and abroad.
A teacher, a driver and one of Jack Ma's former colleagues discuss what it's been like a year on https://t.co/RvCHIGavPM
In just one year, Xi Jinping's government has changed China Inc. forever. We charted the biggest moments in the 12 months since Beijing's tech crackdown began -- every new probe, rule and warning that rocked the markets. https://t.co/kp565u4uwT via @BBGVisualData
In 2017, Kuaishou founder Su Hua was on the verge of acquiring a fledgling karaoke app that would become TikTok. But ByteDance swooped in with a better offer, and Su missed out on what has become a global sensation.
Now he's trying to do it on his own. https://t.co/5Ti9TqgrZS
JUST IN: As ByteDance prepares for an historic IPO, an internal memo leaked showing TikTok's owner aims to grow ad sales in China 42% and triple the size of its e-commerce business https://t.co/aCjeU2xHYb via @technology
JUST IN: China fines Alibaba $2.8 billion, equivalent to 4% of its 2019 domestic sales, after an anti-monopoly probe into the company https://t.co/JpLeRa98C3
“The goal is to make esports just as popular as the NBA or the NFL.”
Tencent has placed pro gaming at the heart of its ambition to dominate online entertainment. @pingroma spoke with TJ Sports co-CEO Leo Lin about #LeagueOfLegends and more @TencentGames https://t.co/aYmqNyC1bg
“China doesn’t have its own A16Z,” said the creator of a Clubhouse copycat. If there isn’t a direct analog from the US, “investors would give you a death sentence once you say you are doing social.”
But the game is on to find a $10b audio hit in China. https://t.co/50KVS792Dh
Bargain hunters may soon be able to shop Taobao Deals through a Tencent WeChat mini app, representing a significant shift in Alibaba's "walled garden" business model, by @cocojournalist and @pingroma
Alibaba plans to offer its fast-growing bargains service on rival Tencent's WeChat platform in a major concession to regulators https://t.co/41xgnuGV8u
The battle to supply 1.4 billion people with fresh fruit and vegetables is taking China’s e-commerce companies into the country’s hinterlands https://t.co/1OJ37pivqx