The next big thing for China’s Big Tech has raised red flags over its threats to traditional distribution networks of wholesale markets and family-run shops – as well as tens of millions of jobs.
Photo: EPA-EFE
China’s Big Tech puts the brakes on community group buying as government scrutiny increases
- China’s Big Tech platforms have applied their default strategy of ‘blitzscaling’ to grocery delivery in the country’s price-sensitive areas
- Beijing has become increasingly concerned, as the new business model threatens traditional distribution channels and tens of millions of jobs
The next big thing for China’s Big Tech has raised red flags over its threats to traditional distribution networks of wholesale markets and family-run shops – as well as tens of millions of jobs.
Photo: EPA-EFE
