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Nobody use BAT anymore, Baidu has been a 2nd tier company for at least 5 years and nobody refer it in the acronyms. The top 5 are Alibaba, Tencent, Ant Financia
by yftsui 5y ago
Nobody use BAT anymore, Baidu has been a 2nd tier company for at least 5 years and nobody refer it in the acronyms. The top 5 are Alibaba, Tencent, Ant Financial, ByteDance, Meituan or PDD
- swyx 5y agoseen any good analyses of what happened at Baidu? how do you screw up being "The Google of China"? (I know "X of China" is never actually true but work with me)
- izgzhen 5y agoGoogle is still relevant because it controls Android and Chrome. Baidu never gets lucky in building that and be a dominant player. This makes it very passive in the mobile internet market competition.
- rfoo 5y agoWeb search is not very profitable ever since the so-called "mobile age". A large percentage of mobile-only users have stopped relying on search, they reach to WeChat or just 100 different specific apps instead. Baidu was in desperate for growing or even keeping its ads revenue then, and they did something really bad which triggered a PR storm [1], making things worse. Also, around 2016-2017 most of my engineer friends who are great at their job left Baidu for, surprise, ByteDance. [1] https://en.wikipedia.org/wiki/Death_of_Wei_Zexi https://en.wikipedia.org/wiki/Death_of_Wei_Zexi
- xvector 5y agoHow would you say ByteDance compares to the other four?
- miguelrochefort 5y ago1. Ant Group is an affiliate of Alibaba. 2. Is Meituan that big? 3. I have never heard of PDD. 4. What about Xiaomi and Huawei?
- eunos 5y agoPDD is exclusively caters to mainland group buying. It's valuation is quite big though 160B USD