Now that LinkedIn is banned in RF (is it still?) there's a chance for moikrug or other local startups to come up.
In Moscow I have seen and met (including Yandex) dozens of startup guys copycatting successful US ones. I was always curious why they were more successful than the Berlin ones or other west and east European ones. My conclusion has been the cyrillic alphabet. Of course a country of ~150millions with CIS expansions.
I would assume China, Korea, Japan, and some south Asian countries with a different alphabet and a large population offer the same opportunity to to startups.
Curious case is India - and I don't remember they having winner tech giants except outsourcing ones.
Yandex - founded in 2000. Google - founded in 1998.
Predates for sure.
I'm originally from a very small, insignificant country that also uses Cyrillic but people adapted to the early days of the internet just fine.
English was relatively widely taught and at least understood on some very basic level, and people adapted the Latin alphabet to type out words, there's even a "phonetic" standard for using the Latin alphabet to write Cyrillic.
Most of my friends from that era never even used the (poorly) localized early Windows/DOS, it was all the US version of everything.
So Facebook for example is still the thing, and very well localized, although there are (for whatever ungodly reason) "local" versions of sites like YouTube (although YouTube is also super popular).