Wal-Mart fails in South Korea.
As a student of business and a resident of Asia, I am fascinated by the examples of "foreign" businesses who either succeed or fail in Asian markets. Recently, Vodafone failed in Japan
but in a strange twist has signed a J-V with Softbank
to keep their presence in Japan. eBay failed in Japan
as did Memoirs of a Geisha
. I'd love to have a discussion on the successes AND failures of non-Asian businesses in Asian markets and what, if any, lessons can be taken away for those of us who are in Asian markets or wish to enter Asian markets. (Yes, I realize that "Asia" is too broad of a region but I don't want to limit the discussion to just one nation.)
posted by gen
on May 24, 2006 -