We will be talking about
companies that are internet related
Some preliminary comments
The internet is big outside the US
Japan: the country with the highest spent per app download,
Korea: has the world's fastest mobile internet speeds, and
China: the planet's largest smart phone market
India: Paytm mobile payment system in India has 225 million users in India.
Adapting Systems to the culture is key to success
Simple Examples:
In India, people traditionally save money in the form of gold bars
With Paytm (India's mobile payment system) you can also save money --
Paytm shows the money you have saved in your account as gold Bars
You can sign up to Paytm without having a debit or credit card
To use Apple Pay, Android Pay and PayPal one needs a credit or debit card,
This has limited their success in Asia