Guest Post A decade ago, the U.S. market represented the key to consumer Internet dominance. Now, leading consumer technology companies such as Google, eBay, and Apple have something new in common: the U.S. accounts for just a minority of their revenue.
Rdio has made its service available in seven new countries — Mexico, Ireland, Iceland, Italy, Latvia, Lithuania, and Austria — and has opened free music streaming to users in Brazil.
Netflix is expanding its streaming video service in four new European markets, including Norway, Sweden, Denmark, and Finland sometime later this year.
Cloud-based phone service provider Twilio is ready to get some new stamps on its passport. The company is rapidly expanding internationally as it takes on a $17 million third round of funding, led by Bessemer Venture Partners and Union Square Ventures.
Guest Post (Editor’s note: Chad Walter is VP of Operations for Chile-IT. He submitted this story to VentureBeat.)
Even big companies can get it wrong when they fail to do their homework before launching in new markets.