Avatar - Sergio Caredda
Sergio Careddaadded this to People and Retail
There’s Only One Way to Break into China’s Crowded Retail Market

There’s Only One Way to Break into China’s Crowded Retail Market

Harvard Business Review - James Root and Jonathan Cheng

China’s two retailing powerhouses, online commerce pioneer Alibaba and social media-gaming pioneer Tencent, have systematically established a duopoly of record proportions in record time. Combined, they have spent more than $20 billion in the past 12 months alone to change the way people in China …

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