Commentary: Can China’s tech giants do without consumers?
Black Friday
As e-commerce struggles and macroeconomic headwinds loom large, Chinese tech companies should start focusing more on innovation and alternative ways to earn revenues, says Catherine Thorbecke for Bloomberg Opinion. TOKYO: Earnings reports from Chinese tech companies last week should be a wake-up call for Beijing. Alibaba Group and JD.com pulled out all the stops to attract customers to spend during their 618 shopping festival, a Black Friday-like extravaganza that took place during the quarter
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