Live Blog – Day II at Red Herring Asia, 2006
Hong Kong, 30th Aug ‘06
Safa Rashtchy started the conference this morning by sharing his insights on Asian markets and how to be successful in this region. I found the presentation to be more oriented towards China than the rest of Asia. I made the point later on that it would be unwise to ignore India when it comes to consumer uptake of digital content.
I mentioned that half the Indian population is less than 25 years old, consumer spending makes up 67% of GDP (second only to US in the world) and discretionary spending on digital content is already visible in e.g. the $2-$3 that mobile subscribers spend on ring-tones. Keep Reading…
