Israeli startups discover another America
Latin America, Brazil in particular, offers enticing opportunities for Internet and mobile companies: fast-growing economies, less competition and a friendly business environment.
"In Brazil we're growing faster than Instagram," beams Moshe Hogeg, founder and CEO of cellular photo and video-sharing social network Mobli, a rival of the hugely popular online photo- and video-sharing service and proud host to 10 million users. The company's user base of 2 million in Brazil ranks second only to its numbers in the United States, but it is expanding in Brazil...
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