A Case Study of Ant Finance’s Innovation Journey — From a Platform Economy Perspective - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue World Scientific Annual Review of Fintech Année : 2023

A Case Study of Ant Finance’s Innovation Journey — From a Platform Economy Perspective

Résumé

During the spring of 2021, the Chinese government profoundly changed its relationship with large digital platforms; the government had decided to strengthen their supervision, fight against monop- olies, and promote fair competition. Until then, technology giants such as Alibaba, Tencent, Baidu, and JD.Com dominated a fast-growing market, especially in China, where Fintech represented a very important part of the retail market among middle-class consumers. Various political and economic reasons can be provided for this choice. This paper showcases the economic power of the two-sided markets approach of these platforms today and describes the late but violent reaction of the Chinese government, worried about its economic and monetary sovereignty.
Fichier non déposé

Dates et versions

hal-04305677 , version 1 (24-11-2023)

Identifiants

Citer

Hervé Alexandre, Kok Lian Woo. A Case Study of Ant Finance’s Innovation Journey — From a Platform Economy Perspective. World Scientific Annual Review of Fintech, 2023, 1 (1), ⟨10.1142/S2811004823500057⟩. ⟨hal-04305677⟩
16 Consultations
0 Téléchargements

Altmetric

Partager

Gmail Mastodon Facebook X LinkedIn More