
Saved by sari
5 Lessons from China's Internet Companies
Saved by sari
Once those pieces were in place, Chinese startups set off an explosion of indigenous innovation. They pioneered online-to-offline services that stitched the internet deep into the fabric of the Chinese economy. They turned Chinese cities into the first cashless environments since the days of the barter economy. And they revolutionized urban transpo
... See moreWhile Silicon Valley juggernauts are trying to conquer each new market with their own products, China’s internet companies are instead investing in these countries’ scrappy local startups as they try to fight off U.S. domination.
These entrepreneurs will have access to the other “natural resource” of China’s tech world: an overabundance of data. China has already surpassed the United States in terms of sheer volume as the number one producer of data. That data is not just impressive in quantity, but thanks to China’s unique technology ecosystem—an alternate universe of prod
... See more