5 Lessons from China's Internet Companies

Livestreaming as a medium is a conflation of a product as well as as a distribution channel. It exists on a spectrum of being pure entertainment on one-side and a new go-to-market strategies on the other, with different kinds of monetisation models for each side. While western startups have centred around the 'livestreaming as product' theme, China... See more

Remember, China alone has more internet users than the United States and all of Europe combined, and those users are empowered to make frictionless mobile payments to content creators, O2O platforms, and other users. That combination is generating creative internet AI applications and opportunities for monetization unmatched anywhere else in the wo

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It's hard to get around that, but the way you can do it is if you build in utility. And I think that is largely because advertising was a hell of a drug for these companies for so long. That is why all these big internet advertising platforms were slow to become marketplaces, because it would have a temporary negative financial impact. Th... See more