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What the US can learn from China on social commerce
Shopatainment: Video Shopping as Entertainment | Andreessen Horowitz
Andreessen Horowitz (AZ)future.a16z.com
Tencent, Bilibili, and Kuaishou all rely heavily on “value-added services”—things like micropayments and subscriptions and virtual currencies. More Western companies will turn to VAS, particularly if Apple and Google reduce the 30% tax they take on every digital economy. Already, Discord and Clubhouse have eschewed ads and Facebook, Snap, and Amazo... See more