In this earnings episode, the guys welcome back Michael Norris to discuss September quarter earnings for Baidu, Tencent, and Alibaba. They also answer some listener questions towards the end about which company will benefit the most from opening walled gardens as China ramps up antitrust regulations.
More global crypto exchanges to cut ties with mainland Chinese customers. Baidu registered a new blockchain software platform.
As deadly floods hit central Henan province, Chinese tech majors collectively donated more than RMB 1 billion ($154.5 million) as of Thursday.
TechNode is launching the Techlash Tracker, a database of major regulatory moves involving big tech in China.
The latest wave of antitrust penalties for China tech giants shows that the crackdown has not ended, and will only grow in scope and severity.
H&M was wiped from Chinese e-commerce sites and service apps. Alibaba and DST Global led a $750 million round in community-based grocery app Nice Tuan.
Regulators fine Alibaba $2.8 billion while food delivery app Sherpa’s is also penalized. Baishi Express and J&T Express are punished for price dumping.
A focus on tech in an annual consumer rights broadcast underlines changing attitudes to privacy and other hot-button tech issues in China.
Alibaba was hit with a $2.8 billion fine for anti-competitive practices including “forced exclusivity.” What is it, and why did the platform use it?