Weekly Roundup 11-8-14: Alibaba is now bigger than Walmart, but will it benefit the still unconnected masses
Chinese e-commerce giant Alibaba is now more valuable than Walmart. At the same time, Google, Mozilla and mobile operators are making a big push to connect people in emerging markets with content in local languages. Are we finally seeing connectivity, content and dialects finally align for the BoP?
Kenya’s Wananchi Group, which owns the Zuku pay-TV and fibre brands, has raised US$130 million in funding to expand in East and Southern Africa.
- Sub-Saharan Africa
The world wide web still isn't all that worldwide. An exhaustive new study by McKinsey & Company (really, it's 120 pages long) about the barriers to Internet adoption around the world illuminates a rather surprising reality: 4.4 billion people scattered across the globe, including 3.2 billion living in only 20 countries, still aren't connected to the Internet.
The Broadband Effect: Enhancing Market-based Solutions for the Base of the Pyramid, a new study by Opportunities for the Majority at the Inter-American Development Bank and prepared by Hystra, makes the case for broadband adoption and more efficient and productive value chains serving the BoP. The report presents several case studies showing how broadband has enabled new business models that are more effective and efficient in accessing the BoP.