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Its not only that, but when they can't beat them...they make them join: startups with valuable market intelligence get bought all the time by Chinese companies
by IG_Semmelweiss 3y ago
Its not only that, but when they can't beat them...they make them join: startups with valuable market intelligence get bought all the time by Chinese companies.
See for example the case of DEAR systems, which is a cloud-based WMS that is particularly useful for intelligence as to how much (US) importers are paying for worldwide goods, and what is the cost of shipping from A to B.
It was bought by a chinese company not long ago. That's 1 example.
https://www.prnewswire.com/news-releases/cin7-acquires-dear-systems-orderhive-to-create-saas-inventory-and-order-management-leader-301229621.html https://www.prnewswire.com/news-releases/cin7-acquires-dear-...