ByteDance, TikTok’s parent comapny, the world’s most valuable unicorn

It is generally believed that Xing Wang of Meituan, Colin Huang of Pinduoduo, Yiming Zhang of ByteDance, the world’s most valuable unicorn, and Wei Cheng of Didi are the third generation of Chinese Internet entrepreneurs.

Duan Yongping’s investment empire and his BBK Group(Oppo, Vivo, One Plus, J&T Express, Realme)

Almost no Taiwanese have heard of Duan Yongping, but it is not an exaggeration to say that he is a household name in Chinese circles outside Taiwan, especially in the business and investment circles.

How does Pinduoduo make money, why it surpass Alibaba and become No. valuable listed Chinese companies in US?

The main reason is that Pinduoduo’s cross-border e-commerce platform Temu has grown rapidly, showing that its innovative model and future development potential are greater.

Why is Alibaba spin-off unanimously optimistic?

Alibaba’s current market value has been underestimated by the capital market for more than three years, and it is difficult to improve in the short term. A spin-off is the most effective way to increase Alibaba’s corporate value.

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