The EM tech companies surging ahead of the global competition

clock • 2 min read

Emerging market countries are home to some of the most rapidly innovating tech companies, which will become serious challengers to global tech giants when they start exporting their services, says Tom Record, co-manager of the Majedie Global Equity and Global Focus funds

As we scour the globe for investment ideas, we find some of the most rapid innovation comes from companies based in emerging markets.  Take internet search engines for example. In 2012 Google introduced 'Knowledge Graph', which returns a box equivalent to an encyclopedia entry beside a search query, something that South Korea's Naver had been perfecting for nearly a decade with its 'Knowledge iN'.   The smartphone is increasingly becoming an important part of our lives from messaging, research, ecommerce, banking, gaming, to watching TV and videos. In China, Tencent's WeChat app ha...

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