For years, Hugo Barra was one of the most visible executives at Google. He was a product manager for its Android team. Every year at Google’s biggest conference, Google I/O, Barra would show off Android’s latest new features for the whole world. Then, in August of this year, Barra quit Google to work for a Chinese company. In December, he gave a talk in Paris about how utterly blown away he’s been by that place.
This is Hugo Barra.
Barra used to be a top executive in Google’s Android division.
In August he quit to go work for the “Steve Jobs of China,” Xiaomi CEO Lei Jun.
After just two months in China, Barra spoke at the Le Web tech conference in Paris in December.
Barra told his interviewer that he’s totally blown away by the place. He said he had some charts to show why…
He said the Chinese are incredibly educated with 8 million college grads per year — more than the US.
He said Chinese disposable income is growing like crazy. It tripled over the last 8 years.
He said China has at least 122 billionaires, second only to the US.
Barra said China has 600 million Internet users – with 50% growth in 3 years.
Barra talked about some of the huge recent huge IPOs on the Chinese stock market.
Barra talked about how Chinese Internet companies have massive user numbers. MAU stands for “monthly active users.” QZone has 600 million!
Then Barra talked some specific Chinese companies. First he mentioned Alibaba, which owns Taobao, a shopping site he said is twice the size of eBay and Amazon combined.
Barra said that during a Chinese holiday called “Singles Day” Taobao did more than twice the sales all US e-commerce companies did on Cyber Monday.
He talked about JD, which does 3-hour delivery.