Tencent
Beibin Li (LIBE)
QQ (1998) - Chatting Tool
2 Billion users, and
WeChat (2011)
Mobile App
Text and voice messaging
People Nearby + Shake
Other Features (Gaming, Wallet, Group)
Totally Free & ADs Free !
$3.15 billion
in profit in
2013
Brief History
1998: Founded with Product: QQ
2004: Published in HKSE
2004: Online Gaming
Added to Hang Seng Index Constituent Stock in 2008
2011: WeChat and Wallet
Hot, Hot: Mobile Games
Major Profit for Tencent (WeChat)
US $424 million
last quarter 2014.
More than 20 Games
Login requires WeChat / QQ
Interesting, Interesting
Last Week: Lunar New Year.
Activity in WeChat:
Red Packet (Lucky Money)
What Happened in 3 Days?
Last Tuesday - Thursday
200 Million users participate &
bond bank account to WeChat.
800 Million Lucky Packets were send
6 Billion CNY ( = $ 1 Billion) send
Secret Sauce
Customer > Employee > Soceity > Profit
Utility Service (Water, Electricity, and Tencent)
Localization (diff Province -> diff Service)
Competitors
Baidu
Alibaba
btw,..., (Chinese BAT)
Whatsapp
Snapchat
Line
Prediction
Success? Yes.
More Profit? Maybe.
● Growth slows down.
● Need more innovation!
● Competition
WeChat report

WeChat report