Facebook loses their seat as the most downloaded app in the iOS app store to a Chinese social media company, Tencent comes out with a 50% cheaper offer for commuting vs Didi, and a no money down rental business model emerges, backed by Alibaba.
from Forbes Real Time https://www.forbes.com/sites/baymclaughlin/2018/05/16/this-week-in-china-tech-facebook-loses-app-dominance-tencent-undercuts-didi-and-more/
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