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NONGFU SPRING Zhong Shanshan Blasts 4 Major E-commerce Platforms
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Zhong Shanshan, China's richest man and the founder and chairman of NONGFU SPRING (09633.HK), posted on his WeChat Moments, blasting the four major e-commerce platforms for causing a large number of small and medium merchants to lose or have lost the ability to compete fairly, and a large number of job opportunities have been occupied by platforms, according to Chinese media. Zhong described the four major platforms as meat grinders of China's economy, which "makes us lose the opportunity to outperform in economy" and leads to an increase in internet hostility and violence. However, Zhong did not name the four major e-commerce platforms. AAStocks Financial News |
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