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
















Share on Facebook
Share on Twitter
Please reload

  • Facebook Basic Black
  • Twitter Basic Black
  • Black Google+ Icon
Please reload

Search By Tags:
Hans Henrik Pontoppidan
Secretary General, DCBF 
Who's Behind The Blog


Danish-Chinese Business Forum

Address: Tingskiftevej 5,

DK-2900 Hellerup

Phone: +45 33 32 97 78


CVR: 29 05 16 31

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