Re:The Great Unbundling
by jonathannat on Saturday January 30, 2021 @05:03PM
(#25973444)
Wow, way to twist the history to your own narrative. Also, no, Tesla has not eaten the entire auto industry, stock market cap doesn't equal to product market share
> Video conferencing
Zoom (American company) launched in 2011. DingTalk started way late in 2014 and wasn't even that popular until 2017. and still playing catchup to Zoom.
> mass-adoption of mobile payment
Japan in the 90s. I believe Chinese citizens were still mostly riding bikes then.
> death of the desktop
Japan in the 90s
> home food delivery (pre-COVID)
Grubhub was founded in 2004. IPOed in 2014.
> online grocery
Tesco direct started in UK in 1997.
Re:The Great Unbundling
by contingencies on Saturday January 30, 2021 @06:00PM
(#25973900)
Needlessly snarky response. Write to the author about the Telsa claim. Yes, there are earlier examples in each case. I personally worked in digital video in 2000.
I was referring clearly to mass adoption (actual market penetration). Nothing matches China, period. Look at numbers for WeChat (video), WeChat/Alipay (mobile payment), Meituan/Eleme (delivery), etc.
Re:The Great Unbundling
by benedictevans on Saturday January 30, 2021 @08:33PM
(#25974877)
Tesla hasn’t eaten the audio industry - that’s what investors are speculating. Battery prices are falling because of technology and (mostly) volume, not particularly because of ‘China’
Re:The Great Unbundling
by contingencies on Saturday January 30, 2021 @10:41PM
(#25975662)
Volume is China. The same for solar.
The middle class in China is currently smaller than the one in Europe. It is - and always will be - much smaller than the middle class of the western countries combined. China is large but other countries together are much larger.
Re:The Great Unbundling
by contingencies on Wednesday February 03, 2021 @02:57PM
(#26018359)
That's the thing. In China, EVs and solar are not the domain of the middle class. They're used by everyone.
What other changes has China recently led? Video conferencing, mass-adoption of mobile payment, death of the desktop, home food delivery (pre-COVID), online grocery, e-Health passports.