Category: East Asia (China, South Korea…)

[Webinar] Are the BATX (Baidu, Alibaba, Tencent and Xiaomi) the new GAFA?

Chinese tech giants are growing dramatically and spreading. Mainly composed of Baidu, Alibaba, Tencent and Xiaomi, the BATX are the Chinese twins of GAFA (Google, Amazon, Facebook and Apple, respectively). Not very publicized in the West, these giants are indeed on all fronts in China and expect to go international. The BATX now revolutionize almost all industries. Financial services, transport, health, home automation, retail, everything goes. The BATX grew in the shadows, in part due to the “Great Firewall,” which drove Facebook and Google off the Chinese Internet, which allowed the emergence of these local twins.

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