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With the internet becoming increasingly affordable and accessible, billions of people in the developing world are now leapfrogging traditional consumption patterns and starting to consume online for the first time. The result of this rising middle-class consumer wave has transformed economies and produced new internet giants equal to or even larger than their US counterparts. Kevin Carter will delve into the greater influence of this new consumer wave and the fundamental changes taking place in developing economies, their preference for online shopping via the smartphone, and ways for investors to gain targeted exposure to the rapidly expanding sector.Here's some of what is covered:What Mckinsey & Co. calls, “The biggest growth opportunity in the history of capitalism”How the largest Emerging Market Indexes are fundamentally flawedThe rising middle-class consumer and their preference for online shopping via smartphonesHow internet giants like Alibaba, Tencent, and MercadoLibre are leading the digital revolution in Emerging Markets
Kevin Carter
Duration: 33:57