In today’s briefing:
- China Consumption Weekly (1 Jan 2024): Tencent, NetEase, Alibaba, JD.com, PDD
China Consumption Weekly (1 Jan 2024): Tencent, NetEase, Alibaba, JD.com, PDD
- The authorities granted licenses to 105 new domestic games and promised to review the game law draft.
- Alibaba is restructuring its main business unit, Taobao-Tmall, to reach flexibility.
- Both Alibaba and JD.com changed their refund policies to follow PDD.