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Alibaba and Tencent are hardly purely "get people addicted" companies. Together, they power nearly the entire retail transaction market in China. Alibaba heavi
by usaar333 5y ago
Alibaba and Tencent are hardly purely "get people addicted" companies.
Together, they power nearly the entire retail transaction market in China. Alibaba heavily drives commercial transactions and Tencent powers the vast amount of personal communication (WeChat).
They are quite profitable as effective monopolies, but are very valuable to society.