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> keep out foreign tech companies and has thus given Baidu, Alibaba, Tencent, etc time and a market to grow The case is true for Baidu, but only true for Baidu
by est 9y ago
> keep out foreign tech companies and has thus given Baidu, Alibaba, Tencent, etc time and a market to grow
The case is true for Baidu, but only true for Baidu.
eBay/Amazon/Newegg competed with Alibaba/JD for a decade and lost.
For Tencent, MSN Messenger was killed by Microsoft, Skype was .... killed by Microsoft.
For gaming sectors, western companies like Blizzard profits in China.
- deadfoxygrandpa 9y agoGoogle also competed against Baidu for years and lost. When they exited China in the early 2010s they only had 20% marketshare
- mrep 9y agoUber also lost in China