Beware the growth traps: Is the business model of digital technology companies in emerging markets sustainable?
Throwing caution to the wind
While the potential for tech companies cannot be disputed, caution should be applied
In 2020, one group of companies has done particularly well: the popular digital technology companies focused on e-commerce, delivery and entertainment, to name a few industries.
In emerging markets, they dominate the Chinese market; but they can also be found in Korea, Southeast Asia, Eastern Europe and Latin America. These have performed well and, at least on paper, should...
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