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Wechat ( Tecent )

Junhua Chen

Wechat

Wechat

Financial Information

$7742 Million Revenues in 2014

Founder of Tecent

Chinese Name: HuaTeng MaEnglish Name: Pony

1998 : Register for Tecent

2002: 100 Million users

2004: IPO in HongKong

2011: Wechat

The Origin of Tecent --QQ

• Chinese ICQ

• Beat ICQ and MSN

• For individual and commercial use

Wechat -- The Evolution of QQ

Revolutionary social media tool for 2 billion people

Text, Voice Message, Video Message

Entertainment & Trading

Sharing

Hot Game

Revenue in last season of 2014: 100million RMB per day!

What makes it special

Unique prediction of trend

-- (league of legends)

Creativity on its product

--(Wechat)

What’s so Interesting!

People Nearby!

• Face to face communication

• It also, lead to crimes!!!!

– (Fraud, Prostitute etc.)

Competitor

• Sina Weibo

• Line

• iMessage

• MoMo

And More?

• Facebook (Sharing ? )

• Taobao (Shopping ?)

Prediction

• Already successful

• Potential to growth : Doubtful

– Fewer and fewer own products

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