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Pinduoduo
Acquired
Facebook vs. Tencent - What Facebook Decided
Face book saw all this going on right around the i p o. People were trying stuff like buying like blippy, yes, thet was like a social network around logging things that you bought. But spotify had sort of alreadya gotten enough distribution using, hey, hear's what your friends are listening to. And so no one could sort of catch spotify. What face book decided is they were like, oh, we're going to monotize this thing, ve advertising rigt. They effectively want to control all the commerce and business flowing through our platform. We don't want to let anybody else do anything here. We want to make everybody pay. If you're going...
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