Vijay Shekhar Sharma, CEO of Paytm, said on Dec.02 2022 that the entry of China and India, which now make up close to 50 percent of all mobile traffic worldwide, has caused the end of the American internet era.
"It's the end of American Internet as we knew it," he tweeted in reaction to a graph posted by business expert Benedict Evans. According to a graph posted on Twitter, China and India account for close to half of all mobile traffic worldwide. The Paytm CEO claimed that one of the primary reasons India's strict data governance law is timely is the increase in mobile traffic.
