Online games: distribution for mobile and PC games, advertising for games, investments in gaming companies (Riot Games, Epic Games, etc.).Social networking platforms: Wechat(includes WeChat Wallet), and QZone (SNS, blogging).What are the current businesses that is driving the business growth of Tencent?.Compared to Alibaba, Tencent’s working culture is more corporate But career growth is rumored to be difficult, especially since departments are very separate and tasks/responsibilities are narrow.
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There are signs of more “Western”-style management from Zhihu, such as free meals, “afternoon tea” service, which is comparable to Silicon Valley companies. What is the culture like in Tencent? Is it run more like a traditional chinese company or western company?.Won the Cannes Lions Media Person of the Year Award in 2015.Sy Lau, Senior Executive Vice President of Tencent and President of its Online Media Group, ~20 years of advertising experience, Malaysian-born.Allen Zhang Xiaolong, President of Weixin (WeChat) Group, created Foxmail, manages product and team for WeChat, QQ mail.David Wallerstein, CXO, based in Palo Alto, in charge of international expansion.James Mitchell, Senior Executive Vice President – Strategy.In many ways, the public face and voice of Tencent to the outside world (interviews, videos).He’s done a good job of covering his own weaknesses with his ex-investment banking management staff. Pony Ma is often described as reclusive and shy (as is Zhang Xiaolong).Martin Lau, President of Tencent, also a Goldman Sachs alumnus.Who are the key executives of Tencent?.Tencent is building an ecosystem of mobile services: payment, O2O, e-commerce, communication, entertainment (movies, gaming, digital content, VR), banking, social networking.Martin Lau: “At the heart of Tencent is actually a social company.”.Connect and content – ‘online lifestyle’ strategy.“using technology to enrich the lives of Internet users”.What is the vision and mission of Tencent?.Revenue in 2015: 102.9B RMB ~ 15.9B USD, EBITA:, Market cap: 1.4T HKD ~ US$200B compare to Facebook with US$340B. Listed in HK Stock Exchange with two significant owners: MIH Group under Naspers from South Africa 35.1% and Pony Ma 9.1%. What are her areas of coverage in Technode?.TechNode does not endorse any commentary made in the program. They interview thought leaders and leading industry players and gain their insights to how we perceive and understand the market. Analyse Asia is a content partner of TechNode. In this first part of 2 episode arc, we discussed the vision, mission & corporate structure of Tencent, how the company built up their business structures and revenue streams, and the state of QQ, their desktop messaging app and its relevance to the Tencent’s portfolio today.ĭownload MP3 (19.3 MB) or Subscribe via RSSĪnalyse Asia with Bernard Leong is a weekly podcast dedicated to the pulse of technology, business & media in Asia. We dived deep into the holding company behind the two successful messaging apps in China: QQ & Wechat. Eva Xiao from TechNode joined us for a two parter discussion on one of the BAT companies: Tencent.
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