My intuition tells me it's a combination of: * They eventually will build one, but Indian consumers are (as of right now) less valuable to them (from an ad tar

My intuition tells me it's a combination of: * They eventually will build one, but Indian consumers are (as of right now) less valuable to them (from an ad targeting perspective) than other geographies e.g. the economic/time/effort investment ROI is better elsewhere in the short term * SE Asia (and their POPs there) have reasonable connectivity to India, so it might good enough for the time being