3 ms·
The opportunity is only as big as the Chinese government will allow. If Uber didn't learn that lesson it soon will, and it will have cost them $1 Billion+ The
by barkingcat 11y ago
The opportunity is only as big as the Chinese government will allow. If Uber didn't learn that lesson it soon will, and it will have cost them $1 Billion+
The Chinese market was also big for Google, but once the government makes a decision, that "market" will either infect you (ie obligate you to follow Chinese government rules when it comes to your operations outside of China as well) or make you re-evaluate why you want to be in China at all. Google pulled out. The market isn't as big as people think because it's not actually a market.