Homepage
PR Newswire
"Law of large numbers"- google and netflix are stuck as they have held captive the Europe, North America, Middle East and Asia Pacific markets. Its is very hard for them to grow much bigger unless they start charging more especially in Netflix case.
Alibaba and Tencent on the other hand have the chance to break into these markets, the first warfront will be Asia pacific and SEA. So their "ceiling" is presumably higher. But their home government is not supporting them and instead is trying to promote their own SOE who are inferior to the 2 and uncompetitive to the Western giants.
The fact these two Chinese giants can still fight with both hands tied to their back shows how good they are, albeit because they are chinese companies with a chinese workforce who work like horses and are smart. The stars are nearly aligned for the chinese (innovative, astute management and hardworking, tenacious workforce) except they now have a government whose business sense rivals Mr Magoo
Alibaba and Tencent on the other hand have the chance to break into these markets, the first warfront will be Asia pacific and SEA. So their "ceiling" is presumably higher. But their home government is not supporting them and instead is trying to promote their own SOE who are inferior to the 2 and uncompetitive to the Western giants.
The fact these two Chinese giants can still fight with both hands tied to their back shows how good they are, albeit because they are chinese companies with a chinese workforce who work like horses and are smart. The stars are nearly aligned for the chinese (innovative, astute management and hardworking, tenacious workforce) except they now have a government whose business sense rivals Mr Magoo