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Mobile Internet Challenges BAT

Since last year, the oligarchy of Baidu, Alibaba, and Tencent (the BAT) in the Internet sector has been challenged by the rise of the mobile Internet. Mobile technology is expected to provide the online gateway to the offline market worth tens of trillions of yuan and transform the landscape of the domestic Internet industry, which came into being 20 years ago.

In the last couple of years, BAT has made separate acquisitions in nearly every segment, in an effort to maintain and expand their monopoly positions in PCs to mobile devices and the offline market. There have been more mergers and acquisitions (M&As) made and partnerships formed since 2011 than in the entire first decade of the 21st century.

Issue 390
Print:2014-04-21
By staff reporter Wang Peicheng
The end goal of the development of the municipal bond market and promotion of the PPP model is to build a long-term funding supply mechanism for urbanization.
By staff reporter Jiao Jian
The plan for “Guangdong, Hong Kong and Macau Free Trade Zone”, if approved, will raise its competitiveness by developing a “Greater Pearl River Delta Financial Center.”
By staff reporters Wang Kai, Li Hanwen, and intern Yan Lijiao
The government’s monopoly of medical resources, which it has achieved through favorable policies to public hospitals, is the fundamental problem facing medical reform.
By staff reporters Yin Yue and Gao Shengke
The Lanzhou benzene incident highlights a major problem with water supply in many Chinese cities: chemical pipelines often run near water pipelines, posing severe risks of future water contamination.

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