We all know that Chinese online shopping apps are very popular in China, but what about overseas? In America, one particular site owned by a Chinese e-commerce company has taken the lead, being the most downloaded free app in the U.S. in 2023 with more than 100 million active users. What makes these apps so popular? How do they make money from selling products at such low prices? And what has been the impact on the global market?
Guests in this edition of Dialogue are Gary Mao, the general partner of GIF Ventures; Annie Cai, entrepreneur at Speedway Scientific; Pascal Coppens, author on Chinese innovation; and Anthony Chan, former chief economist for JP Morgan Chase.