![]() ![]() ![]() What else do we got? We have Streaks, day three done and dusted. Schaal: So there we have, water the tree to earn rewards. Lalonde: Let’s see what you have up there. And the thesis is very simple, we a hundred percent believe this is the future, is consumers in every category, including travel will agree to engage with digital products on their phone through games and streaks and all these crazy things. So what we’re really talking about is the fusion between social and commerce. So there’s a huge, huge cleavage between what a lot of these companies are doing out in Asia and what they’re doing here until they come here and they become TikTok and they become the most watched social media. It would be like asking, raise your hand if you know what Facebook is. If I did that question in any conference in Asia, people would look at me like I’m crazy. Raise your hand if you have it on your phone. Lalonde: Raise your hand if you know what Pinduoduo is, please. And I believe that the patterns that we’re seeing there are entirely applicable, and we’re talking about social commerce. I’ll use TikTok as an example … the Asian mobile ecosystem is actually innovating and completing a lot of the ideas in the west that we started to build out. Lalonde: I think Asia, but specifically China is the center of innovation in digital and commerce and content. So is China and the East still the center of innovation in travel or how do you look at it? I saw, they just did, last year, 383 billion in revenue, sort of in the Amazon neighborhood. It started out as a farmer’s app to bring farm goods online, e-commerce app, they started travel. Schaal: So it’s sort of deja vu all over again because last year we were at TWA Hotel for our conference and you were talking about a Chinese app called Pinduoduo. I hope you’re going to help me with this interview because between you and me, Fred has a lot of energy and he’s very enthusiastic about Hopper, shock of shocks. ![]()
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