The Action : The CEO of Snapchat, Evan Speigel said ” We don’t want to expand in poor countries like India & Spain “. This news didn’t have any credible source or citation.
If Maria Sarapova doesn’t know Sachin Tendulkar, we Indians get offended where most of us do not know who is the captain of Indian Hockey Team which is our national sport. Last year Aameer Khan was boycotted for his comment but when his movie Dangal was released it went houseful.
If I will do business obviously I will look for profits. Have you seen inox or multiplexes in villages of India?
Are we poor?
Yes we are,
We are one. Our farmers are still dying. There are villages lack basic amenities like water and electricity. Our poverty rates are increasing, the poor are getting poorer. We are the third largest economy but our per capita income is extremely low. What I’m trying to highlight is we should learn to accept the facts.
According to United Nation’s Millennium Development Goals (MDG) programme 270 millions or 21.9% people out of 1.2 billion of Indians lived below poverty line of $1.25 in 2011–2012.
Yes, it’s a harsh reality, giving 1-star ratings and examples of Ambani is plain stupid.Those who are making memes that Ambani is 7 times richer than Snapchat then don’t forget he is 4 times poorer than Bill Gates. Ambani is rich but not everyone in India are.
Also right now from a business aspect India isn’t a lucrative market. We torrent movies, illegally download songs and apps. Then the fraction of people who could do good to Snapchat are being conquered by Facebook.
It’s okay to be a poor country guys, we’ve been exploited a lot by the British and our own corrupt leaders. But incidents like these make us not only a poor country but also a stupid one.