Facing strong competition in the huge market, can an Indian company succeed in China?
“New retail” has been a hot topic for a long time, but there were not many successful business cases in the market until Alibaba...
If you live in countries like Singapore and Malaysia, you’d probably have come across FavePay stickers like the following: Fave, which bought Groupon’s assets...
What seems right might not last, vice versa
Another failed global attempt by a Chinese internet giant?
"An arm can’t win a wrestle against a leg, in China startups can never walk around the giants.”
They have discovered themselves, and they are determined not to return to banality, but to strike something great.
It is an assault on Didi, but it is also defensive in the scenario that one day Didi might venture into other areas that threaten Alibaba’s empire, or reinforce Tencent’s.
Meituan's CEO made this claim through a tweet, while his company is assaulting Didi in major cities in China.
What are the implications to the market, the users, Go-Jek, and mobile payment development in the region?