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This is a fairly USA centric view of the world. USA GDP per capita is ~$57k, China's is ~$8k. As the GDP per capita continues to rise in China, lack of access t
by Gatsky 9y ago
This is a fairly USA centric view of the world. USA GDP per capita is ~$57k, China's is ~$8k. As the GDP per capita continues to rise in China, lack of access to this market will be an increasing problem for an advertising company. The fact that Tencent's profit is half of Facebook's doesn't mean much when you compare the relative wealth of the markets.