Ano ang GAFA at BATH?
GAFA ay general term ng mga malalaki at makapangyarihang IT companies sa US. Ang mga kompanyang ito ay Google, Amazon, Facebook, at Apple. Sa iba itanatawag itong GAFAM. Ang M naman ay Microsoft.
Kung mayroong GAFA, GAFAM, FAANG+TESLA ang US, sa China mayroon din silang GAFA Chinese version. Ito ay BATH or Baidu, Alibaba, Tencent, at Huawei. 4 of China's biggest technology companies.
Baidu is China's biggest search engine with roughly 70% market share.
While Alibaba's core commerce division, which accounts for about 85% of revenue, remained resilient throughout the year as Chinese consumers continued to flock online. Revenue for core commerce jumped 40% year on year in the September quarter.
Tencent, one of the world's biggest gaming companies, runs China's largest messaging app WeChat with over 1 billion users.
And Huwai is a Chinese multinational technology company.
Source: CNBC
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