China

Lost to the era of ecommerce

Seven important areas of B2B ecommerce addressed

It strengthens Alipay's penetration into businesses

Interests are much more aligned in this case

Structural problems

What is its S2B2C model?

A key debate since Didi's acquisition of Uber China has been: whether Didi has a strong enough moat to defend itself and justify its...

To its users, not to its investors

This is all expected, for clear reasons

Much of the debate is missing the point