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Comment by tribune

Google (and especially Facebook) are reaching a point a where they need these next billion, and the billions after that if there's anyone left, to grow their businesses. I would wonder about the financial value of these new users to the companies, though. I don't mean this in a disparaging way, but the first billion users are FAR more valuable to them than the "next billion" described in this article. Their revenue models are based on advertising, and the first billion live mostly in developed countries with have high spending power, and are therefore worth more to advertisers. The "next billion" may be part of an emerging global middle class, but currently and for the foreseeable future will significantly lag the first billion in purchasing power and therefore dollar value to advertisers.
parent tribune 8 years ago

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