With the support of Tencent's traffic and funds, these companies developed rapidly and had great influence in the country.
It included companies from Juduoduo, JD.Com, Shi Ning, Douyu, Huya, and Yuewen.
The third force was Alibaba, which occupied the other half of the country's internet with Alibaba at the center. These companies were different from Tencent. As the parent company for Taobao and Alipay, Ali's root attribute was finance. Therefore, when they met these companies, their usual tactic would be to buy, buy, and buy some more.
After buying them over, they would operate them on their own.
Even though this led to the decline of many companies after they were taken over because they were not suitable for Ali's management style, the companies that remained had full control. They were different from the loose alliance that Tencent had.
