Web Grows Without Profit In Developing Countries

Drake2007

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Facebook is booming in Turkey and Indonesia. YouTube’s audience has nearly doubled in India and Brazil. That may seem like good news, but it is also a major reason these and other Web companies with big global audiences and renowned brands struggle to turn even a tiny profit.

Last year, Veoh, a video-sharing site operated from San Diego, decided to block its service from users in Africa, Asia, Latin America and Eastern Europe, citing the dim prospects of making money and the high cost of delivering video there

http://www.nytimes.com/2009/04/27/technology/start-ups/27global.html?pagewanted=1&ref=technology
 
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