Alibaba, Tencent mull over opening up services to each other – WSJ

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Alibaba to $300


Here come the righteous Redditors lecturing everybody on politics and virtue, ready to collect their daily anti-China likes…


The Chinese government pretty much forced their hand on this one. It goes along with opening up their payments systems to the Chinese CBDC. Consumers would really benefit if our own walled gardens like Apple’s environment were to open up and allow other manufacturers to build their devices or develop software modifications to their devices.


$BABA gone pop today


Are they just opening up to each other? Effectively just opening up a bigger walled tech garden with the appearance of openness? Is this better for JD and PDD or worse? Just took a look at share price. I guess worse for JD and PDD.