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Could X go bankrupt under Elon Musk?
(www.bbc.com)
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this post was submitted on 03 Dec 2023
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Of course WeChat dominates china when they ban other apps from even operating. WhatsApp can't operate there. Facebook is entirely banned in fact. Twitter is blocked as well.
Amazon failed to get a foothold due to complex regulations restricting them, which forces them to shut down their marketplace there.
So you can't really compare that to a much freer market.