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by epynonymous
3366 days ago
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tencent has 2 primary competitors in china, primarily alibaba and baidu. baidu's business model is to copy everything google (so google maps, youtube, self driving cars, etc), but these 3 companies are converging on a lot of these things as baidu gets into self driving cars, was an investor in uber, etc. i think because they have a huge amount of capital, that they can make these types of investments to prepare themselves to take on alibaba and baidu head on in the future. |
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