WeChat Stories: Everything you need to know

Matthew Brennan Uncategorized

Full-screen short video Snapchat/Instagram style stories have finally made it to WeChat. In this article, I’m going to cover the update in two separate parts: A breakdown of how the new feature actually works An analysis of the implications for Tencent You may wish to skip either part depending on what you are interested in. You can see from the update …

Notes From Tencent’s Annual Staff Meeting

Matthew Brennan Tencent

Tencent’s annual internal staff meeting was held in Shenzhen on Thursday, Dec 13th. Below are my translated notes of the key points covered in the speeches given by the C level executive team including CEO Pony Ma, President Martin Lau, COO Mark Ren and a rare presentation from the “Father of WeChat” Allen Zhang. SVP: Allen Zhang Allen only does two speeches …

How To Get A Copy Of Your Personal WeChat Data

Matthew Brennan WeChat Tips

This article is essentially a how-to guide for requesting Tencent to send you a copy of your personal WeChat data. This set of data includes your account information, moments posts, favorites files, contacts data, geo-location and login records. For most users this won’t be so easy, but it is possible, we’ve tested it. Background What makes this possible is that Tencent must meet GDPR (General Data Protection Regulation) requirements …

Tencent Releases Cloud Revenue For First Time

Matthew Brennan Tencent

For the first time ever Tencent’s 2018 Q3 earnings call let us know how much they earn from cloud services. It was certainly more than I or many others expected. “2018 Q1-Q3 cloud services revenue was 6 billion+ RMB (0.86 billion USD) , more than doubling YoY. Paying customers grew at a triple-digit rate YoY.” That puts Tencent’s cloud revenue at …

A Deep Dive Into Tencent’s Restructuring: The Struggle to Master B2B

Matthew Brennan Tencent

A few days ago Tencent officially announced a major restructuring (Link in Chinese), the third ever in company history. The move is a big deal for the Chinese internet industry as the repositioning of Tencent’s divisions reveals much about their long strategy and where they believe the future key internet and technology sector battles will take place. In this essay …

CHina CHat Conference 2018 Shanghai – Review

Matthew Brennan Events

400+ attendees, 25+ speakers, 12+ exhibitors, 8 workshops, 2 after parties and 1 VIP dinner. This year’s CHina CHat conference was yet again a full house. A huge thank you to all the attendees and speakers who flew in this year. More attendees than ever came in from all parts of the globe to be at CHina CHat. Below are some of the pictures. Digital Transformation & Artificial Intelligence in Omni-Channel Retailing Panel – Ted Hopkins, …

Tencent’s Investment Strategies Revealed

Matthew Brennan Article from other sources

Below is my translation of an interview with Tencent Investment Partnership Manager, Li Zhaohui 李朝晖 conducted last week by Business Week China. The rare interview provides a dive deep into Tencent investment division’s thinking. This is a must read for anyone wishing to better understand Tencent’s investment strategies. The article is very typical of the many longer in-depth more thought-provoking …

A good reason and a bad reason to be less optimistic about Tencent

Matthew Brennan Tencent

Tencent’s earning’s call on Wednesday has understandably caused a lot of debate. The first drop in profits in 10 years is certainly something worthy of discussion. Tencent’s share price has clearly had a horrid time of things this year. Yet I’ve somehow found myself somewhat confused at the narratives being spun around this situation. Below I took a bash at breaking …

WeChat’s Struggle To Compete With Toutiao

Matthew Brennan Uncategorized

A rare short video of publicity-shy WeChat founder Allen Zhang talking to internal WeChat team staff surfaced yesterday amongst Chinese tech circles before shortly being taken down from all video platforms within hours. It’s the first time Allen has been caught on record talking directly about a competitor, in this case, Toutiao (Daily Headline), a hugely successful news aggregation app that …

One Billion Users And Counting — What’s Behind WeChat’s Success?

Matthew Brennan Article from other sources

It’s no exaggeration to say that life in modern China without WeChat is pretty much unthinkable. Tencent’s blockbuster super-app is the poster child for China’s mobile lifestyle, embedding itself into all aspects of daily life in ways that are sometimes hard for people based outside of mainland China to fully grasp. Just a few days ago it was announced that …

Tencent CEO Pony Ma Talks On Smart Retail

Matthew Brennan Article from other sources, Tencent

Tencent CEO Pony Ma gave an interview today covering a variety of topics. Below is my translation of the part on ‘smart retail’ (what Alibaba call ‘new retail’) which has been easily one of 2018’s red-hot topics so far. I found it particularly interesting as it provides some insight into Tencent’s strategy in this area. Interviewer: What are your thoughts, …