Alibaba

Alibaba ups the ante to challenge Tencent’s supremacy over online music sector.

It can be called China speed.

It’s unclear whether the shortlived app will be relaunched.

The tech giant also eyes investment in NetEase Music to leapfrog the competition.

Mogu counts on its community of fashion influencers to differentiate from larger rival Taobao.

China’s tech giants line up to be at the forefront of disruption in this traditional business.

Although the two companies started their business widely differently, they are now quite into each other’s space, influencing the country’s internet economy.

Paytm also expanded its offering in ed-tech space with education loans and educations specific insurance products.