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Danish-Chinese Business Forum

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Phone: +45 33 32 97 78

Mail: info@dcbf.dk

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The views expressed of the authors do not necessarily represent or reflect the views of DCBF.

China Facts: Dragons abroad

 

 

Five of the ten most popular apps used by Indians last year were Chinese. Two in five TikTok users live in India. Alibaba and Tencent - known as BATS - hold stakes in 150 companies abroad. Alibaba has 56 data centres overseas. Tencent owns 17.5% of Snap, creator of a popular American messaging app, and 7.5% of Spotify, a Swedish music streaming service. The BATS in particular have moved beyond their core business of internet search, e-commerce and gaming, respectively. *) 

 

*) the Economist 27th April 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Hans Henrik Pontoppidan
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