Monday, September 21, 2020

Alibaba and Tencent affiliates eye China's booming auto repair business by building brick-and-mortar garage chains that are linked to their e-commerce platforms (Trefor Moss/Wall Street Journal)

Trefor Moss / Wall Street Journal:
Alibaba and Tencent affiliates eye China's booming auto repair business by building brick-and-mortar garage chains that are linked to their e-commerce platforms  —  The country's vast fleet is aging.  The two Chinese tech superpowers, spying an industry ripe for disruption, are collecting local repair shops.



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