US Tech Companies Start To Become Copycats of Chinese Peers

hackingbear quotes Dow Jones Newswire: Chinese technology companies have long had a reputation of being copycats of Western peers, but U.S. companies have recently begun to return the favor, said a partner at prominent venture-capital firm Andreessen Horowitz… China’s internet titans such as Tencent Holdings Ltd. are influencing U.S. startups and majors alike, and many Chinese models are being replicated in the U.S., said Connie Chan, a partner at the Silicon Valley venture firm. LimeBike, a startup at San Mateo, Calif., adapted China’s dockless bike-sharing model, first rolled out by Beijing-based Ofo Inc. and Beijing Mobike Technology Co., for U.S. consumers… Also, Apple Inc. recently added payment services to its iMessage chat service, taking a page from Tencent’s playbook. “I love this reversal of what ‘China copycat’ can mean,” she said. “It no longer just means a Chinese company copying the States, it can mean a U.S. company copying China.”


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