linkis.com – With companies like Salesforce exhibiting consistent YoY growth of more than 30%, the opportunity there for companies to enter the market and succeed with a SaaS business – at least in the US, European and ANZ markets. But whilst the US market commanded over 60% of the global SaaS spending at the end of 2014, China had just a 3% share. However, there are signs of strong growth especially in e-commerce which is ~2x the U.S., spearheaded by Chinese giants Alibaba and Tencent-backed JD.com. If you focus solely on mobile e-commerce, China is 5x and growing faster than the US.
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