«Since these payments utilize
the same underlying business model as cards today, there is not significant disruption risk for these players.»
Not exact matches
The four conglomerates originated in different sectors, but their
underlying business model is the
same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible in stock and property overseas as a hedge against slower growth in China and the risk of a weaker Chinese currency.
Although both categories share the
same underlying platform
business model, there are very basic differences in how exchange and maker platforms function.
Although this modern
business model may appear radically different from the traditional brick and mortar law office
model, the
underlying principles of an ethical law practice remain the
same.»