Daily BriefsTMT/Internet

Daily Brief TMT/Internet: Tencent and more

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

By Ming Lu

  • 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.

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