How Chinese Tech Giants Became Global Powerhouses: Secrets Revealed

Alibaba Group, a Chinese e-commerce company, recently announced that it will reorganize into six independent business groups, drawing attention from all around the world. Following the announcement of the division, Alibaba's stock price also surged, reflecting the market's expectations. It's worth noting that Alibaba successfully split its business in 2010 with the spinoff of Alipay.

Despite facing pressure from the United States, Chinese technology companies such as Alibaba, Baidu, and Tencent are already global companies. How were these companies, which were founded in the late 1990s to early 2000s, able to grow into global companies?

To find the answer to this question, Maeil Business Newspaper conducted an interview with Guoli Chen, a professor at INSEAD's Singapore campus, where he teaches strategy, and Jianggan Li, the founder and CEO of Momentum Works, a Singapore based venture investment firm. It is worth noting that they recently co-authored a book titled "Seeing the Unseen: Behind Chinese Tech Giants' Global Venturing.“ #China #Global #economy

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