Commentary: Why doesn't India have as many tech unicorns like China does?
What has been lacking, at least until now, are clearly defined international brands and their corresponding ecosystems.While there is no obvious single answer, various factors explain India lagging behind in this aspect, compared with its bigger neighbour.
However, mobile reach, especially that of smartphones, lags China. The Newzoo Mobile Market report of 2019 notes that India’s smartphone penetration is about 37 per cent, compared to almost 60 per cent for China. But its numbers remain relatively modest – about 25 million households – and very much concentrated in urban areas. Rural regions remain generally underdeveloped.
All three, by contrast, have experienced significantly differing levels of difficulty gaining ground in India.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Dutertismo is not the answer: Inquirer columnistIn his commentary, the writer says what matters for countries is not regime type, but having strong institutions in terms of state capacity, as well as social cohesion fostered by a vibrant civil society.. Read more at straitstimes.com.
Read more »
Why Is My Cat Shredding All My Toilet Paper?If walking into your bathroom keeps giving you flashbacks of TP-ing houses in high school, you’re not alone. Feline roommates have been known to go after rolls of toilet paper, shredding them into flaky...
Read more »
Republican National Convention: Who is speaking and whyWASHINGTON (REUTERS) - This week's Republican National Convention will be a four-day celebration of US President Donald Trump, featuring a younger generation that may be hoping for a shot at the White House in 2024, as well as a St. Louis couple who brandished guns at anti-racism protesters.. Read more at straitstimes.com.
Read more »
Tech unicorns rushing to go public in the USNEW YORK (BLOOMBERG) - Forget merger Monday. The start to this week instead saw a flurry of companies file to go public as unicorns gallop to market, waking up what's usually a sleepy end to the US summer season.. Read more at straitstimes.com.
Read more »
Will China's antitrust regulator get teeth as tech giants hunt deals within?Guan Cong, Zhang Erchi, Zhang Qi, Qian Tong, He Shujing, Anniek Bao and Flynn Murphy. Read more at straitstimes.com.
Read more »
Tech war chronicles: How a Silicon Valley chip pioneer landed in ChinaAs the United States steps up its campaign to block China from acquiring key technological know-how, the winding journey of a pioneering Silicon ...
Read more »