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And if you’re a retail, commerce, or logistics startup with plans for an empire of your own, why would you consider giving your hard-earned venture capital to a company that’s inclined to stomp on your neck the minute you prove you have a viable business? There are lots of companies that compete with their suppliers, such as Apple, which spends millions with Samsung on memory chips and displays, but that’s mainly because phone makers don’t have an easily available alternative for those products. Cloud customers do; as noted above, moving between cloud providers isn’t trivial, but some of the most promising cloud technologies under development right now, such as containers, Kubernetes, and serverless technologies, are being designed to make that process much easier.

Analysts said the nation's newly-announced policy package to bail out businesses will help sustain the revival in industrial profits, with sectors related to the economic upgrade set to outperform.

And he stressed the difficulty in scaling the business — one of the reasons why Groupon has grown from 37 employees in June 2009 to 9,625 as of June 30, 2011.

Anais Mak, 28, founder of fashion label Jourden, designes a game app for one of her favourite Parisian retailers, Colette. [PHOTO BY RICKY JIANG/CHINA DAILY]

An undated handout image released by the Whelan family showing Paul Whelan of Michigan who has reportedly been arrested in Moscow, Russia by the FSB under charges of espionage despite the family advising he was in Russia for a wedding in Novi, Michigan, Jan 1, 2019. [Photo/IC]