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by filoleg
2246 days ago
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> But how can there isn't a WeChat competitor, that actually does all the things WeChat is capable of in US/EU? For many reasons, but I think a major one is because neither EU nor US (both people and governments) would be cool with all aspects of one's life being functional ONLY by using this one app. Imagine if a WeChat competitor came out in EU/US, and now you cannot use transit without this app at all, or buy things, or get a taxi, etc. This is extremely anti-competitive and goes even beyond the usual monopoly definition. Major politicians these days run for president on the promise to break down Amazon, Google, etc. And neither of those come even close to the monopolistic reach on the scale that WeChat operates on. |
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The reason is not that important however.
The Chinese market is unique, Western economy can't create something like WeChat doesn't mean that its existence is something abnormal.
Chinese companies create something more to the liking of Chinese consumers should get anyone surprised. When it comes to internet, and no one is enjoying natural advantage.