Will China’s internet thrive and regain its position at the top?
2018 was a tough year for the Chinese internet market. The bike sharing business went downhill, the car hitching service was hammered heavily by rape and murder cases, and the pervasive enforcement of stringent regulations toward content and gaming industry, together with the overwhelming self-owned content dominating search results which have drastically reduced Baidu’s standing in the market. The negative feedback from the market has to some extent deteriorated investors trust and further resulted in a question – Will everything ever go better again? Remedies were instigated in places where urgent repairs are needed. Please check today’s recommendation about China’s internet’s failure and opportunities.