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ðŸ”Ĩ 10 TENCENT Strategy and Business Lessons

TENCENT Book Summary A New Influence Empire

1.Create an ecosystem (Ecosystem) instead of a monopoly.

The strategy that makes Tencent great comes not from building everything on its own, but from being open and spending money on potential startups to build a strong network of partners.

2. Speed and user experience is the heart.

The development of productions in the digital age requires rapid testing and improvement according to the user's continuous fedback to best solve market problems.

3. Superior to capital is state power.

A key lesson of business in China is that the government has absolute power to organize the industry; ignoring state alarms can lead to disaster, such as the Ant Group IPO suspension case or the online tutorial industry sweep.

4. The war burned money to usurp the user base.

In new business destinations, such as Ride-hailing applications, companies make huge losses to subsidize prices and win as much market share as possible until their competitors give up.

5. The game is the main treasure and weapon.

Investing in the gaming industry, especially MOBA games, and making global acquisitions like Riot Games, is a key strategy to make a fortune and maintain a teenage user base.

6.Rookie competitors are always ready to knock down the champion.

Despite owning the social media market, Tencent faces a huge threat from the growth of ByteDance, which uses a short video guidance algorithm system, attracting people's attention.

7.Bridging the online world to the offline world (O2O)

Businesses like food delivery applications (such as Mei Duan) demonstrate the power of managing enormous numbers of employees and using technology to effectively meet everyday needs.

8. User information is property and risk.

The vast holdings of data gave the company power, but at the same time it was the target of national security scrutiny, as was the case when Didi was investigated and stripped of applications after forcibly bringing the company into the U.S. stock market.

9. Keep abreast of the transition of the ages.

From the desktop computer age to the mobile Internet age, the surviving and great companies are the ones that dare to restructure and discard their old achievements to jump into a new battleground in time.

10. A vision that must be overlooked for the future.

As the original battleground begins to become saturated and heavily controlled, looking for opportunities in futuristic technologies such as Metaverse is the inevitable next step in maintaining technological leadership.

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The Influence Empire Book

Tencent New Influence Empire

Writing: Lulu Chen

Translation: Srini Ashwanandkul

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# Trick to Success

# Elder Sak ICT

# Book summary

# Develop yourself

# Tencent

3/19 Edited to

... Read moreāđƒāļ™āļĒāļļāļ„āļ—āļĩāđˆāđ€āļ—āļ„āđ‚āļ™āđ‚āļĨāļĒāļĩāđāļĨāļ°āļ•āļĨāļēāļ”āļ˜āļļāļĢāļāļīāļˆāđ€āļ›āļĨāļĩāđˆāļĒāļ™āđāļ›āļĨāļ‡āļ­āļĒāđˆāļēāļ‡āļĢāļ§āļ”āđ€āļĢāđ‡āļ§ āļāļēāļĢāđ„āļ”āđ‰āđ€āļĢāļĩāļĒāļ™āļĢāļđāđ‰āļˆāļēāļāļ•āļąāļ§āļ­āļĒāđˆāļēāļ‡āļ‚āļ­āļ‡āļšāļĢāļīāļĐāļąāļ—āļĢāļ°āļ”āļąāļšāđ‚āļĨāļāļ­āļĒāđˆāļēāļ‡ Tencent āļŠāđˆāļ§āļĒāđƒāļŦāđ‰āđ€āļĢāļēāđ€āļ‚āđ‰āļēāđƒāļˆāļ āļēāļžāļĢāļ§āļĄāđāļĨāļ°āđāļ™āļ§āļ—āļēāļ‡āļāļēāļĢāļšāļĢāļīāļŦāļēāļĢāļ—āļĩāđˆāļĄāļĩāļ›āļĢāļ°āļŠāļīāļ—āļ˜āļīāļ āļēāļžāļĄāļēāļāļ‚āļķāđ‰āļ™ āļŦāļ™āļķāđˆāļ‡āđƒāļ™āļšāļ—āđ€āļĢāļĩāļĒāļ™āļ—āļĩāđˆāļ™āđˆāļēāļŠāļ™āđƒāļˆāļ„āļ·āļ­āđāļ™āļ§āļ„āļīāļ”āļāļēāļĢāļŠāļĢāđ‰āļēāļ‡āļĢāļ°āļšāļšāļ™āļīāđ€āļ§āļĻ (Ecosystem) āļ—āļĩāđˆāđ„āļĄāđˆāđƒāļŠāđˆāļāļēāļĢāļœāļđāļāļ‚āļēāļ”āđ€āļžāļĩāļĒāļ‡āļ­āļĒāđˆāļēāļ‡āđ€āļ”āļĩāļĒāļ§ āđāļ•āđˆāđ€āļ›āļīāļ”āđ‚āļ­āļāļēāļŠāđƒāļŦāđ‰āđ€āļāļīāļ”āļ„āļ§āļēāļĄāļĢāđˆāļ§āļĄāļĄāļ·āļ­āļāļąāļšāļŠāļ•āļēāļĢāđŒāļ•āļ­āļąāļ›āđ€āļžāļ·āđˆāļ­āļ‚āļĒāļēāļĒāļāļēāļ™āļ˜āļļāļĢāļāļīāļˆ āļ§āļīāļ˜āļĩāļ™āļĩāđ‰āļŠāđˆāļ§āļĒāđ€āļžāļīāđˆāļĄāļžāļĨāļąāļ‡āđƒāļ™āļāļēāļĢāđ€āļ•āļīāļšāđ‚āļ•āđāļšāļšāļ–āļēāļ§āļĢāđāļĨāļ°āļĨāļ”āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡āđƒāļ™āļāļēāļĢāļžāļķāđˆāļ‡āļžāļēāļ•āļ™āđ€āļ­āļ‡āļ—āļąāđ‰āļ‡āļŦāļĄāļ” āļ™āļ­āļāļˆāļēāļāļ™āļĩāđ‰ āļ„āļ§āļēāļĄāđ€āļĢāđ‡āļ§āđƒāļ™āļāļēāļĢāļžāļąāļ’āļ™āļēāđāļĨāļ°āļ›āļĢāļąāļšāļ›āļĢāļļāļ‡āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ•āļēāļĄāļŸāļĩāļ”āđāļšāđ‡āļāļ‚āļ­āļ‡āļœāļđāđ‰āđƒāļŠāđ‰āļ‡āļēāļ™āļāđ‡āđ€āļ›āđ‡āļ™āļ›āļĢāļ°āđ€āļ”āđ‡āļ™āļ—āļĩāđˆāļ‚āļēāļ”āđ„āļĄāđˆāđ„āļ”āđ‰āđƒāļ™āļĒāļļāļ„āļ”āļīāļˆāļīāļ—āļąāļĨāļ—āļĩāđˆāļāļēāļĢāđāļ‚āđˆāļ‡āļ‚āļąāļ™āļŠāļđāļ‡āļ™āļĩāđ‰ āļœāļĄāđ€āļ­āļ‡āđ„āļ”āđ‰āđ€āļŦāđ‡āļ™āļ„āļ§āļēāļĄāļŠāļģāļ„āļąāļāļ‚āļ­āļ‡āļāļēāļĢāđ€āļ‚āđ‰āļēāđƒāļˆāļ—āļīāļĻāļ—āļēāļ‡āđāļĨāļ°āļ™āđ‚āļĒāļšāļēāļĒāļ‚āļ­āļ‡āļĢāļąāļ āđ€āļžāļĢāļēāļ°āļ­āļģāļ™āļēāļˆāļĢāļąāļāđƒāļ™āļ›āļĢāļ°āđ€āļ—āļĻāļˆāļĩāļ™āļ™āļąāđ‰āļ™āļĄāļĩāļšāļ—āļšāļēāļ—āļ­āļĒāđˆāļēāļ‡āļĄāļēāļāđƒāļ™āļāļīāļˆāļāļēāļĢāļ•āđˆāļēāļ‡ āđ† Tencent āđ„āļ”āđ‰āļžāļĒāļēāļĒāļēāļĄāļ›āļĢāļąāļšāļ•āļąāļ§āļ•āļēāļĄāđāļ™āļ§āļ—āļēāļ‡āļ—āļĩāđˆāđ€āļŦāļĄāļēāļ°āļŠāļĄāđ€āļžāļ·āđˆāļ­āļŦāļĨāļĩāļāđ€āļĨāļĩāđˆāļĒāļ‡āļœāļĨāļāļĢāļ°āļ—āļšāļ—āļĩāđˆāđ„āļĄāđˆāļ„āļēāļ”āļ„āļīāļ” āđ€āļŠāđˆāļ™āđ€āļ”āļĩāļĒāļ§āļāļąāļšāļāļĨāļĒāļļāļ—āļ˜āđŒāļāļēāļĢāļĨāļ‡āļ—āļļāļ™āđƒāļ™āļ­āļļāļ•āļŠāļēāļŦāļāļĢāļĢāļĄāđ€āļāļĄāļ—āļĩāđˆāļ™āļ­āļāļˆāļēāļāļŠāļĢāđ‰āļēāļ‡āļĢāļēāļĒāđ„āļ”āđ‰āđāļĨāđ‰āļ§āļĒāļąāļ‡āļŠāđˆāļ§āļĒāļĢāļąāļāļĐāļēāļāļēāļ™āļœāļđāđ‰āđƒāļŠāđ‰āļ‡āļēāļ™āļĢāļļāđˆāļ™āđƒāļŦāļĄāđˆāđ„āļ”āđ‰āļ­āļĒāđˆāļēāļ‡āļĄāļąāđˆāļ™āļ„āļ‡ āļ­āļĩāļāļŦāļ™āļķāđˆāļ‡āļ›āļĢāļ°āđ€āļ”āđ‡āļ™āļ—āļĩāđˆāļĄāļĩāļ„āļļāļ“āļ„āđˆāļēāļ„āļ·āļ­āļāļēāļĢāđ€āļ•āļĢāļĩāļĒāļĄāļžāļĢāđ‰āļ­āļĄāļĢāļąāļšāļĄāļ·āļ­āļ„āļđāđˆāđāļ‚āđˆāļ‡āļŦāļ™āđ‰āļēāđƒāļŦāļĄāđˆāļ—āļĩāđˆāļžāļĢāđ‰āļ­āļĄāļˆāļ°āļĨāđ‰āļĄāđāļŠāļĄāļ›āđŒāļ­āļĒāļđāđˆāđ€āļŠāļĄāļ­ āđ€āļŠāđˆāļ™āļāļĢāļ“āļĩ ByteDance āļ—āļĩāđˆāđƒāļŠāđ‰āđ€āļ—āļ„āđ‚āļ™āđ‚āļĨāļĒāļĩāļ­āļąāļĨāļāļ­āļĢāļīāļ—āļķāļĄāđƒāļ™āļāļēāļĢāļ™āļģāđ€āļŠāļ™āļ­āđ€āļ™āļ·āđ‰āļ­āļŦāļēāđƒāļŦāļĄāđˆ āđ† āđāļĨāļ°āļ•āđˆāļ­āļĒāļ­āļ”āļˆāļēāļāđ‚āļĨāļāļ­āļ­āļ™āđ„āļĨāļ™āđŒāļŠāļđāđˆāđ‚āļĨāļāļ­āļ­āļŸāđ„āļĨāļ™āđŒ (O2O) āļ”āđ‰āļ§āļĒāļāļēāļĢāđƒāļŠāđ‰āđ€āļ—āļ„āđ‚āļ™āđ‚āļĨāļĒāļĩāļ—āļĩāđˆāđ€āļ•āļīāļĄāđ€āļ•āđ‡āļĄāļŠāļĩāļ§āļīāļ•āļ›āļĢāļ°āļˆāļģāļ§āļąāļ™āđ„āļ”āđ‰āļ­āļĒāđˆāļēāļ‡āļĄāļĩāļ›āļĢāļ°āļŠāļīāļ—āļ˜āļīāļ āļēāļž āđ€āļĢāļ·āđˆāļ­āļ‡āļ™āļĩāđ‰āđ€āļĢāļēāđ€āļĢāļĩāļĒāļ™āļĢāļđāđ‰āđ„āļ”āđ‰āļ§āđˆāļēāļāļēāļĢāļšāļĢāļīāļŦāļēāļĢāļ—āļĢāļąāļžāļĒāļēāļāļĢāļ‚āļ™āļēāļ”āđƒāļŦāļāđˆāļĢāļ§āļĄāļ–āļķāļ‡āļ‚āđ‰āļ­āļĄāļđāļĨāļœāļđāđ‰āđƒāļŠāđ‰āđ€āļ›āđ‡āļ™āļ”āļēāļšāļŠāļ­āļ‡āļ„āļĄāļ—āļĩāđˆāļ•āđ‰āļ­āļ‡āļĢāļąāļāļĐāļēāļ„āļ§āļēāļĄāļ›āļĨāļ­āļ”āļ āļąāļĒāļ­āļĒāđˆāļēāļ‡āļŦāļ™āļąāļ āļ›āļĢāļ°āļŠāļšāļāļēāļĢāļ“āđŒāļŠāđˆāļ§āļ™āļ•āļąāļ§āđƒāļ™āļ˜āļļāļĢāļāļīāļˆāļ­āļ­āļ™āđ„āļĨāļ™āđŒāļ—āļĩāđˆāļ”āļđāđāļĨāļĄāļēāļāđ‡āļžāļšāļ§āđˆāļēāļāļēāļĢāļ›āļĢāļąāļšāļ•āļąāļ§āđƒāļŦāđ‰āļ—āļąāļ™āļĒāļļāļ„āļŠāļĄāļąāļĒ āđ‚āļ”āļĒāļāļĨāđ‰āļēāļ—āļĩāđˆāļˆāļ°āđ€āļ›āļĨāļĩāđˆāļĒāļ™āđ‚āļ„āļĢāļ‡āļŠāļĢāđ‰āļēāļ‡āđāļĨāļ°āļ—āļīāđ‰āļ‡āļŠāļīāđˆāļ‡āļ—āļĩāđˆāđ€āļ„āļĒāļ›āļĢāļ°āļŠāļšāļ„āļ§āļēāļĄāļŠāļģāđ€āļĢāđ‡āļˆāđ€āļ”āļīāļĄ āđ† āđ€āļ›āđ‡āļ™āļŠāļīāđˆāļ‡āļˆāļģāđ€āļ›āđ‡āļ™āļ­āļĒāđˆāļēāļ‡āļĒāļīāđˆāļ‡ āđ€āļžāļ·āđˆāļ­āđ€āļ‚āđ‰āļēāļŠāļđāđˆāļŠāļ™āļēāļĄāļāļēāļĢāļ•āđˆāļ­āļŠāļđāđ‰āđƒāļ™āđ€āļ—āļĢāļ™āļ”āđŒāđ€āļ—āļ„āđ‚āļ™āđ‚āļĨāļĒāļĩāđƒāļŦāļĄāđˆ āđ† āđ€āļŠāđˆāļ™ Metaverse āļ‹āļķāđˆāļ‡āđ€āļ›āđ‡āļ™āđ‚āļ­āļāļēāļŠāđƒāļŦāļāđˆāļ—āļĩāđˆāļšāļĢāļīāļĐāļąāļ—āđ€āļ—āļ„āđ‚āļ™āđ‚āļĨāļĒāļĩāļ•āđ‰āļ­āļ‡āđ„āļĄāđˆāļžāļĨāļēāļ” āļšāļ—āđ€āļĢāļĩāļĒāļ™āļˆāļēāļ Tencent āđ„āļĄāđˆāđ€āļžāļĩāļĒāļ‡āđāļ•āđˆāļŠāđˆāļ§āļĒāđƒāļŦāđ‰āđ€āļ‚āđ‰āļēāđƒāļˆāļāļēāļĢāļšāļĢāļīāļŦāļēāļĢāļ˜āļļāļĢāļāļīāļˆāļ—āļĩāđˆāļ‹āļąāļšāļ‹āđ‰āļ­āļ™āđāļĨāļ°āļ›āļĢāļąāļšāļ•āļąāļ§āđƒāļŦāđ‰āļ—āļąāļ™āļŠāļ–āļēāļ™āļāļēāļĢāļ“āđŒ āđāļ•āđˆāļĒāļąāļ‡āđ€āļ›āđ‡āļ™āļāļēāļĢāđ€āļ”āļīāļ™āļŦāļ™āđ‰āļēāļŠāļđāđˆāļāļēāļĢāļŠāļĢāđ‰āļēāļ‡āļ­āļ™āļēāļ„āļ•āļ—āļĩāđˆāļĄāļąāđˆāļ™āļ„āļ‡āđāļĨāļ°āļĒāļąāđˆāļ‡āļĒāļ·āļ™āđƒāļ™āđ‚āļĨāļāļ”āļīāļˆāļīāļ—āļąāļĨāļ­āļĒāđˆāļēāļ‡āđāļ—āđ‰āļˆāļĢāļīāļ‡