U.S.

“Klona was profitable from 2005 to 2018. So we had a history of kind of running this a little bit differently than most tech companies just like burn money. We have been profitable, but then when we came to the U.S., we invested heavily and that meant that we w…”

“Not amongst our customers. I haven't seen any flow into the U.S., but I'm seeing it There's a ton of movement out of China.”

“Tariffs are currently 30% plus whatever was pre-existing, so that's a pretty big deal.”

“It was at one 45 for five weeks. And so, during that five-week period, the volume of cargo from China to the US dropped by 60%.”

“Tariffs got relaxed back down to 30%. We've had a 80% increase in volume from China to the U.S. Above the pre-tariff levels.”

“I would be very surprised if that is a workable strategy for the U.S. And at some point, I think there's going to be quite a big sort of falling of the scales from the eyes when they realize you can't beat, you certainly can't beat China like that. And I suspe…”

“I hate super app. I don't, it, no one's gonna be WeChat in the U.S.”

“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.”