If you ever wondered why many people say the US and Europe are irrelevant targets for new and existing technology companies compared to China, just watch this Le Web interview with Hugo Barra – who recently left Google’s Android team to join Chinese device maker Xiaomi. In it, he compares China’s most popular internet services with their western counterparts – and ‘our’ services pale in comparison to China’s.
The most impressive number? China now has 500 million smartphone users. Six months ago, it was ‘only’ 250 million. That’s the scale and growth we’re talking about here. I often hear people say “yeah, but China is mostly poor people with a few rich ones on top” – well, these figures prove otherwise. And the growth is far, far from over.
That’s why I always chuckle whenever a major western company only highlights US figures. It just means they missed that huge, fat, Chinese boat.