Tencent has been restlessly compared with its Western equivalent, Facebook. Some analysts would praise Tencent for its innovative approach to mobile, O2O and revenue model. Others would treat it as a mere copycat. So, who is leading the way? Who is catching up? Let’s look into it. Two very different companies There are obvious differences between Tencent and Facebook. None …
How Baidu, Alibaba & Tencent are shaping the start-up world
Tencent, Alibaba and Baidu are very different companies with one common denominator: diversification. The 3 China tech-leaders are launching forays in many industries, and often end-up in fierce competitions. In which sectors are BAT (Baidu Alibaba Tencent) investing, how, and how much? Financial services and micro-loans Tencent teamed up with China Rapid Finance China Rapid Finance, allegedly the largest online …
Are QQ Official Accounts the new WeChat?
Is QQ the new QQ? QQ as a whole is decreasing in popularity, with 832 million users as of Q1 2015, a decrease of 2% over last year. Number of QQ users using smartphones reached 603 million, a 23% YOY increase. Yet, QQ has made tremendous buzz over the last few weeks with the launch of its QQ official account. …
The incoming calls – 5 outstanding WeChat viral campaigns
Dare to pick up the call from a stranger? HTML5 viral campaigns pretending to be an incoming call are the most eye catching viral campaigns of this year. Here is 5 amazing “incoming call campaigns” you can draw inspiration from for your own branding. Case 1: The unexpected entrance of Wu Yifan Viral score: ★★★★★ Product: Game Target: Young audience who …
WeChat official accounts valuation booms over 100 million RMB
App Today valued at 100 million RMB. Restaurant Boss valued at 100 million RMB. Yitiao raised B round of investment, valued at 600 millionRMB. Car Professor valued at 600 millionRMB… These sky rocketing figures are not the valuation of companies or APP’s, but the valuation of WeChat official accounts. As user stickiness and the amount of content consumed on WeChat keeps growing, investors see growth …
2.1 million WeChat “false rumors” deleted daily
Rumors spreads fast on social medias, and WeChat Moments, a relationship-based social media, is the perfect platform to spread rumors. This creates potential threat to Chinese authorities. The Chinese Academy of Social Sciences (CASS), a state backed institution, revealed a study about “false rumors” on Chinese social medias. WeChat rumors – CASS Report The report states that 7% of false rumors start …
Mary Meeker’s Internet report 2015: WeChat highlights
Mary Meeker’s annual report shares about the state of the web, but what does it say about WeChat? Messaging Apps have the highest level of engagement, WeChat is #3 WeChat also #3 platform in MAU behind WhatsApp and Facebook messenger Asian platforms leading the way in terms of number of function integration, WeChat is a key player Western platforms lagging …
WeChat outside China: what are the growth opportunities?
We outlined in our previous posts that WeChat has been focusing on growth in South East Asia, adopting an aggressive partnership strategy to fuel its expansion. AppAnnie rankings as of early May 2015 tend to sustain the idea that WeChat is getting traction in at least some countries. Let’s have a closer look at the data. GlobalWebIndex data GlobalWebIndex is publishing very comprehensive …
Apple Watch + WeChat: how Apple is trying to seduce China
During Apple March event, Tim Cook unveiled a variety of new products and features, from the new Macbook Air to an Open Source toolkit for medical research. But what stood out for viewers out there was the repeated attempt to seduce Chinese customers. An unexpected beginning The first frame of the Apple Keynote yesterday was more than unexpected: Yes, before …
WeChat & online services: the future is in 2nd and 3rd tier cities
The Chinese internet service market has boomed during the last 2 years, especially with the rising popularity on O2O business model last year. A recent Tencent market research report shows that internet service model has just as much impact on the 2nd and 3rd tier cities as it does for the 1st tier cities (Beijing, Shanghai, Guangzhou and Shenzheng). So which industry is the next gold mine …