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Maichel David
Apr 12, 2022
In Welcome to the Forum
Why are Baidu, Ali, and Tencent called the top Internet giants because of their ability to generate revenue? Is it because of market value? Or because of one of its successful products? Neither, because they have built infrastructure for industrial services in their respective fields, and have occupied an irreplaceable position for a long time. For example, no matter what you do, as long as it involves payment, you cannot do without Alipay and WeChat Pay; as long as you want to spread marketing information all over the Internet, you cannot do without the Baidu Advertising Alliance. Which has covered more than 95% of Chinese netizens; countless Startups are using Alibaba Cloud and Tencent Cloud; if they want to get involved in AI deep learning, wouldn’t they choose Baidu Flying Paddle? In the end, based on their respective Fax List infrastructure, they developed a complete and stable ecosystem, and gradually covered other fields through investment or acquisition, constantly strengthening the barriers to competition. On the other hand, ByteDance, although it has been able to successfully launch a number of successful APPs in succession under the blockade of BAT has been very powerful. But has it built a breakthrough infrastructure? Does it have real barriers to competition? For example, Baidu has established a connection between people and information, and if you want to find any information, please Baidu; WeChat has established a connection between people and people. If you want to contact at any time, you can add WeChat; For shopping, just give a Taobao link; Alipay and WeChat payment have established a connection between people and money, and you can scan the code for grocery shopping.
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