Daily Archives: July 21, 2021

Books

Summary Books was founded by Zhang Tianli in 1995 and PCSC invested over 50% in 2001. PCSC is a Taiwanese fund company with large businesses around Taiwan, China and the Philippines. In the news, there is no obvious statement whether PCSC takes a pro-CCP or anti-CCP stance. Some people held a boycott of one of…

Shopee

Summary Whether Shopee is a Chinese-funded company or not remains controversial, since the nationality of the founder and the chairman of the board, Forrest Li, is unclear. We can see from the investor details from Shopee that a Chinese-based company (Tencent) owns 20% or more. As published by The Economic Democracy Union, we should carefully…

momo

Summary Fubon Group has many businesses in Taiwan and has an important position in Taiwan’s economy. However, Fubon’s ambitions and ties are not limited to Taiwan. Fubon wants to expand its business footprint in China and has a friendship with Chinese entrepreneurs (for example, Jianhua Xian). Some speculate that mergers and acquisitions by Fubon help…

PChome

Summary PChome is a Taiwanese local online shopping site founded and operated by Jan Hung-Tze (who apologizes for COVID-19 jab from Good Liver Clinic on 11 Jun 2020). Jan Hung-Tze was a National Policy Advisor to the President and an Ambassador-at-large appointed by President Tsai. After the issue of controversy over the lease of Chunghwa…