Pony Ma is one of the richest people on the planet. He created Tencent, China's tech colossus and one of the ten largest companies in the world. But few signs in his early years suggest that he would become such a success.
Video by Vicky Feng and Lulu Chen
Tencent has already earned a lot from the western market, they invested in many companies such as Ubisoft and Activision Blizzard. Tencent is also the owner of Riot and Epic Games, which means the famous esports game LOL and the new hot one Fortnite all belong to this penguin.
Before the Wechat changed the game, Tencent was fed with online game business, there were 300 million players of their FPS game CF, and many million players of DNF, these 2 games still making billions of RMB a year after 10 years since they came out in Korea and bought by Tencent.
Now it's making a game platform called WeGame which is aiming at PC game markets ruled by Steam, in fact, I just bought the PC version of Monster Hunter World with only tranditional Chinese in Steam which still requires a day to unlock, while WeGame users bought the game with a price like 60% of Steam or even lower, were able to play the game 9 hours ago with simplified Chinese.
This is what a company should do, cooperate with the local government, unlike western companies, they think that they are above the local government until they got smacked hard in the fact and get their butt kicked out of china.
You are a company not an NGO
Your bussiness is to make money not to virtue signal
Your politic is not above National ideology or the government
Western companies that refuse to follow the law will learn the hard way.
Jing Yang has built the Chinese version of Pie Piper, the decentralized internet system.
Unfortunately, it's been knocked down by the CCP government recently, which can bypass the Great Fire Wall and jump over the censorship easily ...
The CEO is just a puppet controlled by the Chinese government. He only has less than 10 percent of the stock share of his own company and the rest are all divided among those hypocritical communist leaders.
He's the head of a CCCP propaganda machine with a captive audience of 1.4bn people. With low wages and low quality infrastructure... they're still not making that much money due to hopeless inefficienc.
China is going to take over the world ...
America as a superpower will be a thing of the past . . . few decades from now "are you sure america was that great? I mean look at our history book, back then they didnt even had a functioning health care system?"
- Eth yeah sure, 0 innovation. Very confident of you. Developing countries have to do it to some extent to be self sufficient, and developed countries need them to manufacture their things, even after all those ripoffs, copycats, a lot of us company still manufacture their products in china, it's not like they dont need china at all. They do and have innovated things, but in high tech business i doubt countries like China can catch up to the us without relying to them if they do it the honest way. Saying them having no talent and innovation is just pure disrespect to those of them who did it by themselves. Technology are meant to spread and travel anyway.
US companies are not given a fair chance. The US companies (specifically their inventions) made China what it is now by pirating their designs. The whole world knows China as the copy/paste country with no talent for innovation/invention.
- Eth now you can explain why us companies failed to penetrate chinese market when they're given the chance. If they didnt make any innovation and are the pure copycats i wonder why the 'real' one lose. There're some, but not all of it, and im sure us companies have also done it to a lesser extent.
mcdoublemaster2 Lol 😂
Encryption doesn’t always mean only the sender and the receiver can view the message. You can add a back door even there.
I’m sure every other computer science student has studied about this in information security chapter.
100%league of legend
Minority of epic game(fortnite)
100%clash of clan
minority of Activision(COD)
and more but I can’t remember.
As a company earns 50 billions in three months, what’s the point for it to steal your information?
What important information do you have?
Like which kind of porn you watched?
+Yonoume What do you mean by "without a doubt it is a institutional property"? Also, as far as I know, Cambridge Analytica acquired data through surveys using facebook profiles. The controversy was due to how the survey takers were never told how their data was going to be used. Facebook did not, as far as I've heard, just give them information.
Like what? specifically? After the controversy over Facebook exploitation of User Data, they provided the Cambridge Analytica with a gargantuan amount of Information that they can use, without a doubt it is an Institutional Property, but what if those were given to something more influential?
Lol no it isn't have you used WeChat? I can order food on my phone and simultaneously order a taxi to get there, when that's done i can go to the restaurant, scan my QR code on the phone and the food is already done. Then i can just pay at the table im sat by scanning the QR sticker they put down, it's possible to actually do this without any human interaction if you wanted to. A friend couldn't pay for the meal? No problem I can pay for it, they can then pay me back all through the same app.
ro pro u forgot to mention that Facebook and Twitter doesn’t even come close in function and convenience to WeChat lol , and of course they block foreign services that won’t store data in the original country, retard lol
Yes, and the result is that China has some of the largest and most successful tech companies in the world, capturing hundreds of billions of dollars of value and massively adding to the technological development of the country. China is following Japan, Taiwan, Korea (Asia) and Europe before it by using protectionism combined with export incentives to rise to the top of the global value chain.
Knock off? Please the West is trying to knock off Wechat's success of QR payments, Android and Apple pay don't even come close. What part of phones like Huawei are knock offs? I don't see any phone right now with 3 dedicated cameras that give 5x hybrid optical zoom or a dedicated night mode that can beat any phone on earth with low light shots?? When Chinese companies add features featured in other phones they get called out on being a knock off but when Apple does it like adding Wireless Charging, OLED displays, edge to edge displays they get away with it. You should grow u