A Few Thoughts on the App Crackdown in China | Digits to Dollars
Reading all the latest news from China’s app crackdown reminds of the work Joe Studwell did looking at other Asian economic success stories. China appears to be ‘refocusing’ its b…
We have been on vacation, trying very hard to not read the news, but even while camped out in the D2D remote Hawaiian compound we could not miss the news about the recent crackdown on apps in China. Several months ago, the Chinese regulators pulled the plug on Ant Financial’s massive IPO at the 11th hour. At the time, no one knew that this would lead to a wider crackdown, but plenty of people suspected it would So it was not entirely a surprise that days after ride-sharing app Didi’s IPO, the regulators forced the company off the Platforms (including App Store, Google Play and the
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