3 ms·
This and companies like paddy power are the breakout British business successes of the last few decades
by dan-robertson 7mo ago
This and companies like paddy power are the breakout British business successes of the last few decades
- renewiltord 7mo agoEach region’s greatest successes represent them quite well: UK: gambling and porn Europe: luxury goods US: advertising and retail e-commerce China: direct from manufacturer commerce
- dan-robertson 7mo agoI’m not so convinced by this. In the uk I think the big home grown successes are either serving the local market physically like supermarkets (though they are not very new as companies) or they will be relying on some difference in regulations from other anglophone countries. A business not in those categories needn’t be worse in general terms to lose to an American company, but the American competitor will have lots of advantages (cheaper fundraising, bigger market with more discretionary spending, more pro-business political environment, etc).