The Great Firechat

#27 - Tech Monopolies Opening up from Shenzhen to Silicon Valley


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This week your co-hosts delve deep into the anti-monopoly crackdown which continues in both China and the US. Each side's government commonly say they are helping the 'little guys', but is this actually good for start-ups? Is it good for the respective nations as a whole? What will be the repercussions?


Then we touch on the interesting other US-China affair of Chinese companies listing on US stock markets. Lastly we end on XiaoMi - the 'little' start-up is back and bigger than ever.


The anti-monopoly end game:

  • Alibaba and Tencent opening up walled gardens
  • Alibaba, Tencent, Bytedance and 33 others sign anti-trust self discipline agreement


US IPO? No, no, no.

  • China tightens cybersecurity review process on overseas IPOs
  • XiaoHongShu (RED) suspends US IPO thoughts


XiaoMi is a buy!

  • XiaoMi becomes second largest seller globally of smartphones
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The Great FirechatBy Kevin and Adeh