Is China the only place for super apps?

Singapore

SOME have argued that China is uniquely conducive for super apps. They point to how the country's anti-trust laws focus more on foreign investment rather than domestic businesses, in part explaining why some Chinese tech unicorns have gained such enormous market share and penetration.

But Jixun Foo, managing partner at GGV Capital in Shanghai, pointed out that the competition within China is intense. Super apps like WeChat face pressure from companies like ByteDance and Baidu, he said.