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A comment on In Q2 2018, Global VC Scales Tipped In Favor Of Chinese Startups Over American. Parent comment

Re:In Q2 2018, Global VC Scales Tipped In Favor Of Chinese S... by killjoywashere on Wednesday July 04, 2018 @03:34PM (#17459051)
> Something tells me comparing the populations straight up is misleading.

Totally agree: once chosen by the Communist Party, a company is likely to enjoy state-sanctioned monopoly status. Not only will they have access to the entire population, the population may have no access to any other service provider in the same sector.

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Re:In Q2 2018, Global VC Scales Tipped In Favor Of Chinese S... by echevil on Wednesday July 04, 2018 @04:41PM (#17459350)
The reality is, three major players Baidu, Alibaba, Tencent are competing with each other in almost every front, and also competing with tons of new challenges like Meituan, Bytedance, etc. The abundance and variety of small startups and their competition is nothing unlike what's happening in silicon valley.
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