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The rapid advances made by Baidu, Alibaba Group Holding and Tencent Holdings show that Chinese internet companies have expanded significantly and pioneered innovations in their home market to exert a gravitational pull, much like how Silicon Valley had inspired legions of copycats in years past. Illustration: SCMP
China’s internet ecosystem model increasingly being copied globally
Initiatives taken by Chinese internet companies to create expanded online platforms and super apps, which support multiple services to offer more convenience to users, are now being duplicated by online firms based overseas
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The rapid advances made by Baidu, Alibaba Group Holding and Tencent Holdings show that Chinese internet companies have expanded significantly and pioneered innovations in their home market to exert a gravitational pull, much like how Silicon Valley had inspired legions of copycats in years past. Illustration: SCMP
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