The Great Firechat

#16 - Big China Tech's great self-rectification!


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Self-rectification, emotional aptitude and optics. Touchy-feely baloney or critical business issues which could decide the life or death of a company? 

Kevin and Adeh get introspective themselves and explore these concepts in the context of Chinese society and big China tech of today.


  • Big tech falls in line behind the example set by Alibaba https://www.bloomberg.com/news/articles/2021-04-13/china-orders-34-tech-firms-to-curb-excesses-in-antitrust-review
  • Tencent CEO pledges $7.7 billion to china's rural areas in efforts to appease the government https://www.bloomberg.com/news/articles/2021-04-19/tencent-s-ma-dangles-billions-in-aid-as-antitrust-scrutiny-grows
  • Anti-monopoly law strikes against the big and small https://technode.com/2021/04/12/sherpas-fined-over-monopoly-on-delivering-food-in-english-in-shanghai/
  • Ant Financial gets it's marching orders to re-organize https://www.ft.com/content/5c14c1d1-bd9e-4654-9a12-93c4ac46792d
  • Didi preps for IPO at $100 billion valuation (compare Uber at $107B) https://www.bloomberg.com/news/articles/2021-04-09/didi-chuxing-is-said-to-have-filed-confidentially-for-u-s-ipo-knaqvotf
  • JD Backed Aihuishou 爱回收 plans to list at a valuation of $4 billion China’s used electronics trading platform Aihuishou 爱回收 eyes up to $1b in US IPO
  • BONUS - How Amazon uses it's market power to maintain control https://www.wsj.com/articles/amazon-strong-arms-partners-across-multiple-businesses-11618410439
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The Great FirechatBy Kevin and Adeh