Strong Dragon is difficult to press the snake?\”Regional Giants\” is being rising in the emerging Internet market
The \”Economist\” Weekly Weekly website recently issued an article titled \”To find a vitality, competitive Internet enterprises, putting the eye to emerging markets\”, introduced the development trend of emerging Internet science and technology. The article is now compiled as follows:
Ten years ago, the US Internet giants continued to expand the momentum of the leadership of the world. Amazon, Beibao and Youshoot, etc., due to its vast domestic market, so it seems to be destined to monopolize the screen from people from California to Karahari.
Today, the United States still ruled a global technology industry, accounting for 71% of the market value of listed companies. However, there is a different mode in the technical industry focused on providing Internet services to consumers. This activity is more dispersed, and there are fewer colors in the United States. This year, the large number of new markets of Emerging Markets has highlighted this trend.
Now there is three different enterprise categories, rather than a few big companies hold the entire industry. Using the Classification Method for the Asian Partner Company of the Investment Company, you can define the first class as a global platform. Such companies are still dominant in services in services that exist very little entities, especially in the field of search, social media and cloud computing. Alphabet companies and Facebook (now Yuan Cosm Platform) and other giants are more than half of the United States, one of the most international companies in the technical community.
The second class has become important in some places: protected national leadership enterprises. China’s scientific and technological giants are eager to expand overseas, but their profitable domestic market is largely competitive, and they are also increasingly surely guided by their governments. This protected technology model is increasingly popular in other authoritarian countries. Russia prefers local enterprises in e-commerce and financial science and has been hitting the activities of Silicon Valley in the past year.
The third digital enterprise type – \”Regional Giants\” – generally exists in most other regions of the world. In Asia and Latin America, local and regional companies often dominate the e-commerce, games, digital payments, webmarks, meals and other applications. Examples of Southeast Asia include Glab Company and Goto, Korea has Kakao and Coupang, Argentina with e-commerce platform Mercadolibre. In India, the giants, including the trust company and the Tata Group intend to promote superapply, despite the expansion of professional companies, such as the express delivery company.
Typically, these companies are operating in a realistic market in realities, or depends on local tastes. In the field of financial science and technology, the difference in supervision makes international companies more difficult to develop. Activities in this area are booming. India’s Unified Payment Interface Application – A system that connects banks and non-banking organizations for low and instant payment – OctoberThe trading volume reached approximately $ 100 billion, which is more than 4 times more transaction volume two years ago. The start-up enterprises that provide mobile payments and loans have just become the first unicorn company in the Philippines, which means that it is worth more than $ 1 billion.
The surge in capital has played help these companies, especially in investing in places outside China. So far this year, 71% of the economies other than China have been the highest in 11 years in the transactions of emerging market technology companies. So far 2021, Emerging Market Science and Technology Co., Ltd. issued $ 53 billion in equity in the equity market, which is twice as much as the previous record. I used to focus on the United States, perhaps China’s venture capital companies are looking for startup companies around the world.
The success of the third type of Internet company is exciting. They promote competition and solve local problems through innovation. Unlike the United States and China, these companies have almost no or completely unlocked, they are building a large number of software developers and experienced investors around the world, and these people may then create another generation of startups.
This inevitably there is risky. Some countries may not help protect local companies from competitive interference, or limit the extent to which foreign people can disturb their domestic interests. The field of local expertise is limited. The capital market may be ruthless-India payment company PAYTM’s share price last month-lasting-interest rate increase will make capital more expensive. Companies that are still difficult to make money when capital supply is exhausted, may fall into trouble.
Even so, all users who use smartphones in their own screen have been reduced on their own screen. It should be a hundred flowers, we must welcome this situation. (Compilation / Liu Xiaoyan)
Source: Reference Message Network