Outgrowing Advertising: Multimodal Business Models as a Product Strategy – Andreessen Horowitz
a16z.comLargely because many people could not afford a computer, China skipped the PC and the credit card; smartphones were the way many people were exposed to the Internet for the first time. So today, products aren’t just mobile first, many are mobile only. Mobile payments have penetrated the country and China has become a seamless digital society.
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