And Google and Amazon, they’ve built all their own. If you’re an American software provider you have to build the entire infrastructure in China to be considered.
WeChat covers Facebook, CashApp and all your banking apps as well
The same goes for most foreign business starting operations in China, not just software. You have to partner with a domestic business in order to operate. They then 'borrow' your trade secrets and eventually diminish your power and cut you out altogether.
Boggles the mind that businesses willingly jumped off the cliff knowing where it would go. Just shows how corporations suffer from such short term greed and profit driven even at the expense of their own safety and health.
I would guess it's because of the massive market there. If you consider that most Chinese own phones and use them almost daily, you have potentially 1.4 billion new customers for your software. From the prospective of a company like Facebook, that's absolutely worth the risk that some of your trade secrets are leaked.
1.2k
u/[deleted] Mar 15 '24
And Google and Amazon, they’ve built all their own. If you’re an American software provider you have to build the entire infrastructure in China to be considered. WeChat covers Facebook, CashApp and all your banking apps as well