Technology columnist Richard MacManus takes a deeper look at the opportunities in China for New Zealand technology companies and finds we have a few advantages.
In her recent annual report for the internet industry, Mary Meeker noted that “China is catching up as a hub to the world’s biggest internet companies.” Nine of the top 20 internet companies in the world, by market valuation, are Chinese. That puts China nearly on a par with the United States, where the other 11 come from.
This has huge ramifications for New Zealand’s technology sector. In particular, it opens up opportunities for our local startups to expand into China. Maybe even be acquired by one of those big nine Chinese companies.