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Digital China vs Digital India – creators vs consumers?

Zuckerberg goes to China to meet the President. Makes a speech in Mandarin, praises Chinese history and culture, talks about the Chinese technology talent, and poses for selfies. Sundar Pichai, a hero for many new generation Indians goes to Sri Ram College of Commerce, interacts with students, meets PM, selfies – the works.. But now here comes the difference. Number of FB users/FB Messenger users in China - zero. Number of Chinese messenger start up WeChat users in China- 549 million, half the population of China. Number of Google users in China- zero. China’s own Google is BAIDU with 1 Billion monthly active users. China has its own Twitter (Weibo with 212 million users compared to 300 million worldwide on Twitter) Market cap of  WeChat - $181 Billion, Market cap of Baidu - $66 Billion, the difference being a consumer and creator of technology. Alibaba – Market cap of $ 251 Billion.   One or two exceptions from India, though not listed on NASDAQ are Flipkart and OLA. India has a population of 1 Billion, many companies want to take that market including Google, Twitter and Facebook. Number of FB users in India - 100 million. (second largest in the world)  Number of Twitter users in India – 23 million (third largest worldwide) Should we take pride in being the largest consumers and building someone else’s business OR be the largest creators of technology businesses?? When large tech firms come visiting good to ask – “do they have sales targets to meet as well”? BTW would Pichai have been Pichai if he stayed in India? What is really stopping India from taking the leap? For more perspectives: http://www.netamaker.com/zing.php #digitalIndia

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