Tag Archive: Wechat

Analysis of Tencent 2020 Annual Report: Reshapes Digital Lifestyle Through Ecosystem

June 5, 2021 0 Comments

In 2020, we know almost every company has a tough year due to COVID-19 impact. But, Tencent is an exception. The offline business is accelerating to migrating to online platform, and the offline lifestyle is replaced by online digital lifestyle in the epidemic period. For example, users video calling with friends through Wechat, playing online games, such as Honor of Kings, is more popular than ever before, and Tencent Meeting has become daily needs for business conference in China. According to…
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Chinese Company

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Analysis of Tencent 2019 Annual Financial Statements

March 31, 2020 0 Comments

Tencent released 2019 financial statements this month. Since the beginning of the coronavirus epidemic, the App portfolio of Tencent played more and more important role for everyone’s daily life. So Tencent 2019 financial statedments is highly expected. From 4Q19 and Annual Results Presentation As we can see from above graph, the key performance indicators, such as revenue, profit, etc, grew by more than 20%. So Tencent still keeps high growing pace in the elephant size. The operating margin is 30%, more…
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Chinese Company

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Tencent, Fostering Connecting Ecosystem to Serve Enterprises and Consumers

March 10, 2020 0 Comments

Tencent was founded in Shenzhen, China, in 1998, and listed on the Main Board of the Stock Exchange of Hong Kong since June 2004. As I mentioned before, Shenzhen is an amazing city. Within 40 years history, numerous competitive companies were founded in Shenzhen, the most famous companies are Tencent, Huawei, Ping An, and China Merchants Bank Currently, Tencent and Alibaba is the Top 2 conglomerates by market capitalization. Alibaba aims to provide operating system for commerce and make business…
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Chinese Company

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Some Thoughts on Business from Maslow’s Hierarchy of Needs Perspective

February 26, 2017 2 Comments

Human has variety of needs and desires in all their life, and companies are set up to serve all these different needs. With the development of society, people pursue more than ever before, that’s why numerous new startups were built every year. Some companies are dedicated to develop continuous competitive strengths for satisfy a certain people needs for long term growth and profit, however, there are also many companies change from one area to another, always trying to pursue the most…
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Some Thoughts

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