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Messaging is
Eating the
World
	
  
Edith Yeung
@edithyeung
Edith Yeung is a Partner at 500 Startups’ Mobile
Collective, focusing on investing in mobile apps and
consumer internet startups.
Before 500, Edith was the VP of marketing & business
development for Dolphin Browser. Dolphin Browser is a
Sequoia-backed mobile browser with over 150 million
installs worldwide. She also founded RightVentures -
seed stage investment firm focusing on mobile and
consumer internet companies. Prior, she led many
operation roles at Oracle, Siebel, AT&T, Symantec,
Telstra, Cisco, Autodesk, etc.
@edithyeung
Everyone is
messaging.
@edithyeungSource:	
  Quartz	
  h.p://qz.com/404239/facebooks-­‐global-­‐dominance-­‐of-­‐messaging-­‐in-­‐two-­‐maps/	
  
WhatsApp is #1 Messaging App in the World with over
800 million monthly active users
Source:	
  StaDsta	
  h.p://www.staDsta.com/staDsDcs/258749/most-­‐popular-­‐global-­‐mobile-­‐messenger-­‐apps/	
   @edithyeung
Facebook & Tencent
own more than 2.7
billion monthly active
messaging users.
@edithyeung
Source:	
  PEW	
  Internet	
  research	
  h.p://www.pewinternet.org/2015/08/19/mobile-­‐messaging-­‐and-­‐social-­‐media-­‐2015-­‐main-­‐findings/	
  
49% of smartphone owners ages 18 to 29 in the US use
messaging apps
@edithyeung
Beyond
Texting
1.  Voice
2.  Images
3.  Videos
4.  Money Transfer
5.  Dating
6.  Image recognition
@edithyeung
Voice call functionality is now available on WhatsApp,
Facebook Messenger, WeChat, Kakao Talk & Line.
Snapchat has 200 million users who
share 8,796 photos per second.
@edithyeungSource	
  Adweek	
  h.p://www.adweek.com/socialDmes/how-­‐many-­‐photos-­‐are-­‐uploaded-­‐to-­‐snapchat-­‐every-­‐second/621488	
  
@edithyeung
Facebook Messenger
users made over 1
million video calls
during the first two
days after launch.
Skype killer?
Source:	
  Mashable	
  h.p://mashable.com/2015/05/05/facebook-­‐messenger-­‐1-­‐million-­‐video-­‐calls/#M_8xsfNp.kqu	
  
@edithyeung
Starting November
2015, WeChat
Payment supports
British pound, Hong
Kong dollar, U.S. dollar,
Japanese yen,
Canadian dollar,
Australian dollar, Euro,
New Zealand dollar
and Korean won.
Source:	
  Xinhuanet	
  -­‐	
  h.p://news.xinhuanet.com/english/2015-­‐11/20/c_134838085.htm	
  	
  
Magic in the
Messaging
bottles, not
Tinder.
@edithyeung
@edithyeung
WeChat
launches image
recognition by
location, book &
music cover and
languages.
Source:	
  Xinhuanet	
  -­‐	
  h.p://news.xinhuanet.com/english/2015-­‐11/20/c_134838085.htm	
  	
  
Payment is the
foundation to
Messaging Revenue.
@edithyeung
Source:	
  StaDsta	
  h.p://www.staDsta.com/staDsDcs/487656/mobile-­‐messaging-­‐apps-­‐revenue/	
  
Asian Messaging apps generated over $3.8 billion
combined revenue in 2015
@edithyeung
1.  Shopping
2.  Selling
3.  Transportation
4.  Customer Service
5.  Banking
6.  Non-profits donations
7.  Real Estate
Beyond
Social
Seven WeChat Business Cases
@edithyeung
Buy train, movie tickets, electricity, water,
gas and phone bills via WeChat payment.
@edithyeung
Set up their own shops using Weidian
(Shopify for WeChat)
@edithyeung
Engage customers in conversation before,
during and after a sale.
@edithyeung
WeChat is not enough. WeBank.
@edithyeung
WeChat for Non-profits
@edithyeung
WeChat for Real Estate
@edithyeung
Messaging will
redefine the
mobile industry.
@edithyeung
Just a few
predictions…
@edithyeung
Messaging will be the
biggest threat to
Google Search.
@edithyeung
Messaging Voice Feature –
One of the Biggest Threats
for Telecom Operators.
@edithyeung
Messaging Apps will process
more shopping transactions than
all other shopping apps
combined.
@edithyeung
Messaging by the number
1.  WhatsApp is #1 Messaging App in the World with over 800 million
monthly active users.
2.  Facebook & Tencent own more than 2.7 billion monthly active messaging
users.
3.  Snapchat has 200 million users who share 8,796 photos per second.
4.  Facebook Messenger users made over 1 million video calls during the
first two days after launch.
5.  Asian Messaging apps generated over $3.8 billion combined revenue in
2015
6.  With over 3 billion combined monthly active users, businesses are
reaching their audience via messaging apps.
7.  Top messaging apps are Facebook messenger, Whatsapp, Wechat, Line,
QQ, Line, Kakao talk, Viber, iMessage, etc.
@edithyeung
You can find my presentation at:
•  Deck http://www.edith.co/#blog
•  Email edith@500.co
•  Twitter @edithyeung
•  Newsletter http://www.edith.co/#newsletter
@edithyeung

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Messaging is Eating the World (by Edith Yeung)

  • 1. Messaging is Eating the World   Edith Yeung @edithyeung
  • 2. Edith Yeung is a Partner at 500 Startups’ Mobile Collective, focusing on investing in mobile apps and consumer internet startups. Before 500, Edith was the VP of marketing & business development for Dolphin Browser. Dolphin Browser is a Sequoia-backed mobile browser with over 150 million installs worldwide. She also founded RightVentures - seed stage investment firm focusing on mobile and consumer internet companies. Prior, she led many operation roles at Oracle, Siebel, AT&T, Symantec, Telstra, Cisco, Autodesk, etc. @edithyeung
  • 3. Everyone is messaging. @edithyeungSource:  Quartz  h.p://qz.com/404239/facebooks-­‐global-­‐dominance-­‐of-­‐messaging-­‐in-­‐two-­‐maps/  
  • 4. WhatsApp is #1 Messaging App in the World with over 800 million monthly active users Source:  StaDsta  h.p://www.staDsta.com/staDsDcs/258749/most-­‐popular-­‐global-­‐mobile-­‐messenger-­‐apps/   @edithyeung
  • 5. Facebook & Tencent own more than 2.7 billion monthly active messaging users. @edithyeung
  • 6. Source:  PEW  Internet  research  h.p://www.pewinternet.org/2015/08/19/mobile-­‐messaging-­‐and-­‐social-­‐media-­‐2015-­‐main-­‐findings/   49% of smartphone owners ages 18 to 29 in the US use messaging apps @edithyeung
  • 7. Beyond Texting 1.  Voice 2.  Images 3.  Videos 4.  Money Transfer 5.  Dating 6.  Image recognition @edithyeung
  • 8. Voice call functionality is now available on WhatsApp, Facebook Messenger, WeChat, Kakao Talk & Line.
  • 9. Snapchat has 200 million users who share 8,796 photos per second. @edithyeungSource  Adweek  h.p://www.adweek.com/socialDmes/how-­‐many-­‐photos-­‐are-­‐uploaded-­‐to-­‐snapchat-­‐every-­‐second/621488  
  • 10. @edithyeung Facebook Messenger users made over 1 million video calls during the first two days after launch. Skype killer? Source:  Mashable  h.p://mashable.com/2015/05/05/facebook-­‐messenger-­‐1-­‐million-­‐video-­‐calls/#M_8xsfNp.kqu  
  • 11. @edithyeung Starting November 2015, WeChat Payment supports British pound, Hong Kong dollar, U.S. dollar, Japanese yen, Canadian dollar, Australian dollar, Euro, New Zealand dollar and Korean won. Source:  Xinhuanet  -­‐  h.p://news.xinhuanet.com/english/2015-­‐11/20/c_134838085.htm    
  • 12. Magic in the Messaging bottles, not Tinder. @edithyeung
  • 13. @edithyeung WeChat launches image recognition by location, book & music cover and languages. Source:  Xinhuanet  -­‐  h.p://news.xinhuanet.com/english/2015-­‐11/20/c_134838085.htm    
  • 14. Payment is the foundation to Messaging Revenue. @edithyeung
  • 15. Source:  StaDsta  h.p://www.staDsta.com/staDsDcs/487656/mobile-­‐messaging-­‐apps-­‐revenue/   Asian Messaging apps generated over $3.8 billion combined revenue in 2015 @edithyeung
  • 16. 1.  Shopping 2.  Selling 3.  Transportation 4.  Customer Service 5.  Banking 6.  Non-profits donations 7.  Real Estate Beyond Social Seven WeChat Business Cases @edithyeung
  • 17. Buy train, movie tickets, electricity, water, gas and phone bills via WeChat payment. @edithyeung
  • 18. Set up their own shops using Weidian (Shopify for WeChat) @edithyeung
  • 19. Engage customers in conversation before, during and after a sale. @edithyeung
  • 20. WeChat is not enough. WeBank. @edithyeung
  • 22. WeChat for Real Estate @edithyeung
  • 23. Messaging will redefine the mobile industry. @edithyeung
  • 25. Messaging will be the biggest threat to Google Search. @edithyeung
  • 26. Messaging Voice Feature – One of the Biggest Threats for Telecom Operators. @edithyeung
  • 27. Messaging Apps will process more shopping transactions than all other shopping apps combined. @edithyeung
  • 28. Messaging by the number 1.  WhatsApp is #1 Messaging App in the World with over 800 million monthly active users. 2.  Facebook & Tencent own more than 2.7 billion monthly active messaging users. 3.  Snapchat has 200 million users who share 8,796 photos per second. 4.  Facebook Messenger users made over 1 million video calls during the first two days after launch. 5.  Asian Messaging apps generated over $3.8 billion combined revenue in 2015 6.  With over 3 billion combined monthly active users, businesses are reaching their audience via messaging apps. 7.  Top messaging apps are Facebook messenger, Whatsapp, Wechat, Line, QQ, Line, Kakao talk, Viber, iMessage, etc. @edithyeung
  • 29. You can find my presentation at: •  Deck http://www.edith.co/#blog •  Email edith@500.co •  Twitter @edithyeung •  Newsletter http://www.edith.co/#newsletter @edithyeung