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Comment on Market Expertise Still More Important Than Tech And Capital In China: Qunar Founder by Market Expertise Still More Important Than Tech And Capital In China: Qunar Founder | Business Brain Food
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Comments for TechNode
Qunar, one of the country’s largest travel service websites, is among the most successful foreign co-founded companies currently working in China.
“You have to think carefully what value you have, and how you can operate the company with that value,” said Demopoulos.
“A lot of foreign investment was made here in China to penetrate the market.
They had money, technology and great management, plus operations.”“The answer is market expertise.
Ten years later, there could be Q inside BAT, stands for Qihoo or Qunar, who knows.”“There is an opportunity for new entrepreneurs.
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