Meituan and Alibaba’s Escalating Rivalry

The video discusses the intense rivalry between Meituan and Alibaba in China's internet space. It traces the origins of this competition to Meituan's founding and its evolution from a group buying business to a super app. The rivalry has personal dimensions, involving key figures like Jack Ma and strategic alliances with Tencent. Despite financial losses, Meituan remains focused on future investments and expansion.

What was the initial business model of Meituan when it was founded?

• Social media network

• Group buying business

• Online payment system

• E-commerce platform

Which of the following sectors has Meituan expanded into beyond its original business?

• Online education

• Cryptocurrency trading

• Cloud computing

• Food delivery

What is a significant factor in the rivalry between Meituan and Alibaba?

• Market size and potential opportunities

• Geographical expansion

• Technological advancements

• Employee retention strategies

What is the primary focus of Meituan's founder regarding the company's financial strategy?

• Cost-cutting measures

• Future investments

• Reducing workforce

• Immediate profitability

What personal opinion does Meituan's founder hold about Alibaba's founder, Jack Ma?

• He is a technological innovator

• He has an integrity issue

• He is a visionary leader

• He is a financial genius