Jio Platforms
Let's Know Things
Colin Wright
4.8 • 593 Ratings
🗓️ 28 July 2020
⏱️ 33 minutes
🧾️ Download transcript
Summary
This week we talk about super apps, Mukesh Ambani, and Reliance Jio.
We also discuss Alibaba, mobile services, and the Indian tech industry.
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
Transcript
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| 0:00.0 | Brand valuation can be a somewhat subjective measurement, but it can be broadly useful to ascertain what kind of asset |
| 0:22.9 | a particular company or products logo and other branding materials have become over time. |
| 0:29.7 | This valuation represents something like the goodwill and esteem and respect held by the |
| 0:35.6 | company in question, but it also implies a sort of standard of quality |
| 0:39.8 | or desirability to consumers. How much more can you charge for a beverage when you slap a Coca-Cola |
| 0:48.5 | logo on it? How much more likely is a consumer to grab the Coca-Cola bottle than that of a competitor. |
| 0:56.0 | How much credibility and prestige does a logo carry? |
| 1:00.0 | And how does that contribute to the long-term health of the company that informs that logo's meaning? |
| 1:07.0 | The multinational tech company, Alibaba, which was founded in China and which operates within a huge sprawl of different industries, has one of the most valuable brands on the planet. |
| 1:18.9 | Different groups do different brand valuations according to different formulas, but a cross-section of such analyses typically place Amazon, Apple, and Microsoft in the top three. |
| 1:31.6 | Google and Visa come in at fourth and fifth place, and Alibaba, followed by its also Chinese competitor, |
| 1:39.7 | Tencent, at sixth and seventh. Notably, Facebook, McDonald's, and MasterCard generally fill out the rest of |
| 1:48.2 | the top 10 with the aforementioned Coca-Cola, ranking 12th or 13th. That sixth-place brand, |
| 1:55.4 | Alibaba, is a beast of a company, founded in April of 1999 by the now world-famous entrepreneur, Jack Ma, |
| 2:04.6 | out of his apartment, Alibaba began its life as a B-2B, a business-to-business marketplace, |
| 2:11.4 | and received a $25 million investment from Goldman Sachs and SoftB, among others, later that same year, based on the |
| 2:19.8 | expectation that they intended to build the foundation of an e-commerce infrastructure in China, while |
| 2:26.7 | also helping Chinese businesses export their wares around the world. Two huge opportunities |
| 2:33.2 | that, if approached in the right way, |
| 2:35.9 | could make everyone involved very, very wealthy. |
| 2:40.0 | The company was profitable by 2002, and in 2003, they launched the online shopping site, |
| 2:47.7 | Taubau Marketplace, the online payment platform AliPay, the digital marketing platform, |
... |
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