The Great Firechat

#21 - How the Five-Year Plan impacts tech


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This week your co-hosts dip back into current 5-year guideline to make sure we have a clear picture what's coming next in China. Then we take a look at Meituan's latest quarter, find holes in the great firewall, and talk about Kevin's misadventures in ed-tech. Listen now and join the conversation.

  • The government's crackdown on Big Tech is a lever to get them to invest into the 5-year guidelines.
  • Meituan's revenue jumps 120%, while the stock is down 40%.
  • More anti-trust / anti-monopoly fines for the comminuty group buy grocery market.
  • Alibaba and Tencent both have "internet accellerators" to help students access information from outside the GFW.
  • New regulations in ed-tech attempt to reign in a fast growing sector
  • Extra: Startups, join this global competition for funding and connections to China's hopping startup scene: HICOOL.
...more
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The Great FirechatBy Kevin and Adeh