GGV Capital's Jenny Lee Sees 'New Facebook Every 3-4 Years in China'

The video discusses the evolution of consumer habits in China, focusing on e-commerce and offline integration. It highlights the rapid growth of social media in China, with frequent disruptions and investments in new platforms. The global expansion of Chinese social apps, such as Musically, is also covered. The video concludes with a discussion on IPO plans and the potential impact of Beijing-Washington trade tensions on business operations.

What strategy is being used to enhance consumer experiences in the tech space in China?

• Wholesale distribution strategy

• Traditional retail strategy

• E-commerce upgrade strategy

• Direct marketing strategy

How often do new social business models typically emerge in China?

• Every 10 years

• Every 3 to 4 years

• Every 5 years

• Every year

Which app mentioned in the transcript successfully launched in the US?

• TikTok

• WeChat

• Beagle

• Musically

What is the expected outcome of the trade tensions between Beijing and Washington in the short term?

• Only China will benefit

• Both countries will benefit

• Only the US will benefit

• Neither country will benefit

How many companies are preparing for IPOs according to the transcript?

• Four to five

• Ten to eleven

• Eight to nine

• Six to seven