Tuesday, October 17, 2017
BAT set major plans in automotive industry
ANBOUND
China's BAT (Baidu, Alibaba and Tencent) giants have set their major plans in automotive industry. Each of the three giants Alibaba, Baidu and Tencent has its own focus; Alibaba focuses on the operating system, Baidu on automatic driving and car networking, while Tencent’s plan is quite extensive. Anbound points out that the automotive industry is a large system; the Internet giants’ attempt to penetrate the automotive industry penetration should be focusing on technology and capital links, else the possibility of failure would be great.