That meddlin kid wrote:
Wonder how many localized versions of "Spider-Man" have been done in other countries over the years? I know I've seen a manga version. And some years back there was a "Spider-Man: India" mini published in the U.S. I recall Bryan Hibbs observing how that one's sales dropped off dramatically after the first issue, as retailers suspected that one issue was "enough to satisfy curiosity" for those who tried it.
Why not license it everywhere, good sense.