China Tech Ecosystem Consolidation?

🇨🇳 Exciting moves in #China as Alibaba Group and Tencent look at closer collaboration. These two megaliths of the chinese tech, media and eCommerce ecosystems have historically been very vertically integrated but quite separate walled gardens.

🛒 This move could be very interesting in the light of massive growth from ByteDance/TikTok and would have enormous impacts on consumer experience and the joining-up of what is already a very mature digital ecosystem.

#China #Tech #Media #eCommerce

https://www.wsj.com/articles/alibaba-and-tencent-consider-opening-up-their-walled-gardens-11626259544?mod=searchresults_pos4&page=1

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Lex Bradshaw-Zanger

Lex Bradshaw-Zanger

CDMO @LOrealUKI & CDO @WeLikeWorld, Ex @Facebook & @McDonalds, Recovered Adman. London bred, #DigitalNative, Global #geek, Parisian. Father x3. www.lexbz.me