Re:Twitter in chaos as employees accept Musk’s invitation to...
by kravens_last on Friday November 18, 2022 @02:19PM
(#33660518)
WeChat succeeds because it's a state sponsored monopoly. It would not have existed in a free and mature market in any western capitalist style economy.
Re:Twitter in chaos as employees accept Musk’s invitation to...
by anigbrowl on Friday November 18, 2022 @04:05PM
(#33662181)
I just gave 3 examples of products that succeeded brilliantly in a less mature market in western capitalist economies. WeChat might be an anachronism in 15 years just as AOL is today, although it continues to exist as a brand.
Incidentally I just glanced at the AOL website to remind myself how it's doing, and their ad banner offers a service to reduce the amount of paper junk mail you receive by signing up for AOL's managed unsubscription service. Less Information Age and more Irony Age.
WeChat succeeds because it caters to a less mature market with a simple integrated product. American network service users have demonstrated repeatedly that they are OK with bundling products but less enthusiastic about bundled services.