For Some Platforms, Network Effects Are No Match for Local Know-How
Harvard Business
JULY 26, 2018
In 2016 the company sold its China operation to Didi Chuxing because of the fierce competitiveness of the local player. Any platform still needs to achieve a product-market fit to succeed in the long run. Recruit Holdings started out in the 1960s as an advertising company that published magazines for job seekers.
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