Super App

“And I think maybe because of China's embrace of open source and because of the U S closed AI model we might end up seeing a proliferation of individual AI apps in China while the U.S. Goes to super apps.”

“Over the past three or four months, both of them have gravitated toward building a super app. Something that uses the most advanced intelligence to control your computer, that will, to help you get things done, to in some cases even build new software for you”

“We're taking incremental steps to get there over the next couple months. We should have shipped the complete vision of what we're talking about here, but it's gonna come in pieces”

“Super apps have never worked in India. A lot of people have tried it actually outside of China. They've not worked anywhere, right?”

“You know, having a separate app for all these different services may be a lot, and I think in some of the more developed markets, people will pay for that last 10 or 20% of fine-tuning that maybe a super app doesn't.”

“The super app concept of we can do this and that. So, so awesome. And people are like, well, I can use three different apps for it and I'm fine. And I think we were losing the, we were missing the glue between them. And I still see a lot of super apps making t…”

“Over time we want to power all these communities. So if people want rides, deliveries, or different services want to be essentially the soup wrap for all these”

“All developing nations are low trust by design because the institutions are not strong enough to kind of really, really take care of many things. What happens is there is concentration of trust. So you will see that super apps, superstars, super companies all …”

“They didn't work in India either, and it was primarily because of bandwidth reasons, and smaller phones.”

“And through the super app, we're trying to create an abstraction layer where people can build their business, all our super app, and the super app since operates in all the different markets, we have built the underlying infrastructure. They can benefit from t…”

“All of the things that are really, really appealing, they will talk about, you know, lower customer acquisition costs, you know, higher attach rates to different products. Talk about, you know, higher, you know, retention across different services the ease of,…”

“There kind of needs to be a unifying concept. Across all of your services within the app for your users to be able to think about your product in a sensible way, you know, and, for us, the way that our customers thought about us was that was they thought about…”

“They are taking a high frequency, low margin business of food delivery and tacking on low frequency, high margin businesses at low or zero customer acquisition costs.”

“You see, super apps are here to stay, and the big internet giants in the States already get it. This trend is coming from east to west.”

“But the reality is China actually has many examples of successful super apps.”