New Growth, Old Businesses: How Emerging Markets Are Parroting and Profiting Off U.S. Giants
The following video is part of our "Motley Fool Conversations" series, in which Andrew Tonner, technology editor and analyst, and Austin Smith, consumer-goods editor and analyst, discuss topics around the investing world.
In today's edition, they discuss how some companies find a trend in the developing world and mimic it in an emerging one. It's proving simple and successful, as we see companies such as Mercadolibre becoming the eBay of Latin America, and Yandex and Baidu looking like the Google of their respective countries.
At the time this article was published Austin Smith and Andrew Tonner own no shares of the companies mentioned here. The Motley Fool owns shares of Google.Motley Fool newsletter serviceshave recommended buying shares of Google, Mercadolibre, eBay, and Baidu and writing puts in eBay. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.