I’d be surprised if it ever has meaningful impact in the Western world because of company policies/ban lists. You can bet with 100% certainty that the CCP calls the shots.
But on the flip side, for the most part the big 3 can’t sell into China so it can have a commanding lead.
Its growing at over 60% per year in a far less competitive environment than the big 3. Tencent (mostly focused on gaming) is also competing there.
Full disclosure: I invested in BABA today because of the above.
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[ 5.1 ms ] story [ 13.9 ms ] threadBut on the flip side, for the most part the big 3 can’t sell into China so it can have a commanding lead.
Its growing at over 60% per year in a far less competitive environment than the big 3. Tencent (mostly focused on gaming) is also competing there.
Full disclosure: I invested in BABA today because of the above.