I put the quotes below in italics as they are provided by someone else. I am sharing them because they make sense and would be useful to (aspiring) digital entrepreneurs out there.
Speed and size is the utmost essential
In China, the formula for success in digital is :
1) Understand your customer
2) First mover advantage is everything. The solution does not need to be perfect. Being digital, it can be changed easily.
3) Design solutions that are scalable and implement quickly.
4) Grow your base fast.
Be quick before regulations and competitors can restrict you. Once you are big, even the government cant control you.