Monday, May 23, 2022
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • Executive Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • Executive Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

Innovation from China Is Accelerating Presence in BCG Growth Tech 100

in Opinion
Pfizer seeks emergency use authorization for novel covid-19 oral antiviral candidate
Share on FacebookShare on Twitter

Last year proved to be an innovation milestone for China. The nation attracted $163 billion in foreign direct investment, surpassing FDI inflows to the US, according to the Wall Street Journal. That milestone is a growing indication that we can expect more innovation to come out of China.

Although US-based companies make up the majority of the GT100, and today’s software M&A market confers a valuation premium of two times revenues for companies based in the US, companies headquartered in China account for 20% of the GT100. In addition, the top three companies on our list—Pinduoduo, Meituan, and ByteDance—all hail from China. This suggests that the mix of GT100 leaders may look quite different in the future than it does today.

The rapid pace of urbanization and rising consumerism in China has fueled growth in consumer and mobile commerce. Meituan, for example, is a super app (an all-in-one app that is used to browse products and make purchases and payments); it was one of the earliest adopters of the O2O model. Meituan provides local food-delivery, ride-hailing, movie-ticketing, and travel-booking services, among others, on demand. The growing power of younger consumers who value personalization underscores the importance of tailored offerings to the success of these companies.

China’s massive, mobile-savvy population has also led to innovations in social media platforms focused on the mobile experience, such as ByteDance and Kuaishou. ByteDance, in particular, has won widespread global popularity with TikTok, its app that took off during the height of the COVID-19 lockdowns. TikTok lets people easily create, edit, and share 15-second videos on a mobile device, feeding users an addictive, personalized video-watching experience.

Government sponsorship and subsidies have helped boost Chinese innovation in AVs (Automatic Vehicles) and IoT. More than half of the GT100 in this category are headquartered in China. Although the US still holds sway over the B2B SaaS (Software as Service) category, it is only a matter of time before more high-growth B2B SaaS disruptors emerge from other countries.

(courtesy Boston Consulting Group)

Tags: Accelerating PresenceBCG Growth TechInnovation from China

Related Posts

Ignoring ai is risky business for insurance ceos
Opinion

Ignoring AI Is Risky Business for Insurance CEOs

Work will never be the same—savvy business leaders are adapting to change that’s already here
Opinion

Work Will Never Be the Same—Savvy Business Leaders Are Adapting to Change That’s Already Here

Resilient austin becomes hot spot for the economic growth
Opinion

Resilient Austin Becomes Hot Spot for the Economic Growth

Hybrid hiccups: moving to distributed work in the public sector
Opinion

Hybrid Hiccups: Moving to Distributed Work in the Public Sector

What’s possible for the gaming industry in the next dimension?
Opinion

What’s Possible for the Gaming Industry in the Next Dimension?

Developing a digital mindset
Opinion

Developing a Digital Mindset

What utilities can do to secure the emobility future — and their own
Opinion

What Utilities Can Do to Secure the eMobility Future — and Their Own

Digital access for all
Opinion

Digital Access for All

How can you create a growth strategy where everyone wins?
Opinion

How Can You Create a Growth Strategy Where Everyone Wins?

Is crypto’s volatility bad for the financial system?
Opinion

Is Crypto’s Volatility Bad for the Financial System?

No Result
View All Result

Recent Posts

  • Russia Halts Gas Supplies to Finland
  • McDonald’s to Sell Restaurants to Russian Operator
  • Vintage Mercedes Sells for $143 million
  • Ignoring AI Is Risky Business for Insurance CEOs
  • UNWTO Launches Digital Futures Programme for SMEs

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Executive Interviews
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    CEO Latin America | ES

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

     

    AUSTIN

    600, Congress Avenue 14th Floor
    Austin, TX.
    78701
    USA
    +1 512 649 0340

    NEW YORK

    387 Park Ave South,
    New York, NY.
    10016
    USA
    +1 212 796 64 15

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • Executive Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?