$TENCENT(00700)$ Tencent's problem is that the company is relatively restrained in making money. Alibaba's problem is that it used to think it had no boundaries and invested in too many unprofitable businesses. JD's problem is that it is too down-to-earth and has too many people. Pinduoduo's problem is that there are certain moral risks. Douyin's problem is that the media has too much discourse power and there are political risks. At least three of these five companies will become world-class companies in the next ten years.
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