What The Chinese Tech Industry Is Like • Hacker News Board

Re: What The Chinese Tech Industry Is Like

#61

Post by seanmcdirmid » Tue, Jan 14, 2014, 7:24 AM UTC

turingbook wrote: post #60

seanmcdirmid wrote: post #56

Earlier quoted context omitted.

The CCP likes companies they can control, whether there are foreign investors or not. This is especially important since the rule of law isn't so developed in China and often directives go through non-legal channels, which Google couldn't deal with while Baidu has no problem with it. Both of these companies are listed on the Nasdaq, but one is controlled by Americans and the other by Chinese.

If CCP wanted to control the Internet, it should help Renmin, Xinhua, Wangfujing or China Mobile to be market leaders, not Baidu, Sina, Taobao or Tencent. Actually except Baidu vs. Google, you can not think out other examples the government made big impact. The other competitions in Internet between Yahoo vs. Sina, eBay/Amazon vs. Taobao/JD, MSN messenger vs. QQ, are all good counter-examples. Foreign companies can n…

> Foreign companies can not adapt to needs from local users. That is the key. The market is the king to decide the fates of Internet companies and products in China generally. Others are important but not critical.

And yet, all those companies do very well in HK, Singapore, Taiwan; aren't they Chinese also? Why is the mainland market so different from other smaller Chinese markets? They also do well in Indonesia, Thailand, Nepal, India...while the Chinese companies...they are just going to be stuck being local.

Re: What The Chinese Tech Industry Is Like

#62

Post by turingbook » Tue, Jan 14, 2014, 6:52 PM UTC

seanmcdirmid wrote: post #61

turingbook wrote: post #60

Earlier quoted context omitted.

If CCP wanted to control the Internet, it should help Renmin, Xinhua, Wangfujing or China Mobile to be market leaders, not Baidu, Sina, Taobao or Tencent. Actually except Baidu vs. Google, you can not think out other examples the government made big impact. The other competitions in Internet between Yahoo vs. Sina, eBay/Amazon vs. Taobao/JD, MSN messenger vs. QQ, are all good counter-examples. Foreign companies can n…

> Foreign companies can not adapt to needs from local users. That is the key. The market is the king to decide the fates of Internet companies and products in China generally. Others are important but not critical. And yet, all those companies do very well in HK, Singapore, Taiwan; aren't they Chinese also? Why is the mainland market so different from other smaller Chinese markets? They also do well in Indonesia, Tha…

I do not know a lot about the things outside China. But Japan is another example that many foreign Internet companies struggle. Maybe we could add Russia. These markets have something common.

HK and Taiwan are too small market to have strong enough local team.

Re: What The Chinese Tech Industry Is Like

#63

Post by seanmcdirmid » Wed, Jan 15, 2014, 1:08 AM UTC

turingbook wrote: post #62

seanmcdirmid wrote: post #61

Earlier quoted context omitted.

> Foreign companies can not adapt to needs from local users. That is the key. The market is the king to decide the fates of Internet companies and products in China generally. Others are important but not critical. And yet, all those companies do very well in HK, Singapore, Taiwan; aren't they Chinese also? Why is the mainland market so different from other smaller Chinese markets? They also do well in Indonesia, Tha…

I do not know a lot about the things outside China. But Japan is another example that many foreign Internet companies struggle. Maybe we could add Russia. These markets have something common. HK and Taiwan are too small market to have strong enough local team.

Google and Facebook still do very well in Japan. Yahoo does also, obviously. Russia is no where as near as closed as China is, and many international companies do well there. China is quite unique.

Supposedly, Chinese internet companies should do well in HK/Taiwan, these markets are definitely open to them, but since they don't have to compete with international brands in the mainland, they are not competitive enough to operate very well on the outside. Besides, any service run inside China is taboo outside of China (and Americans think the NSA is bad...).