China-founded startups are increasingly abandoning their domestic market to focus on international markets, due to rising compliance costs and regulatory burden (Rita Liao/TechCrunch)

Rita Liao / TechCrunch:

China-founded startups are increasingly abandoning their domestic market to focus on international markets, due to rising compliance costs and regulatory burden  —  Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma …

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