Showing posts with label Tencent Holdings. Show all posts
Showing posts with label Tencent Holdings. Show all posts

Thursday, April 17, 2014

Alibaba: great numbers, despite growing competition - Shaun Rein

Shaun Rein
+Shaun Rein 
Alibaba´s IPO is nearing, and their latest figures are great, tells business analyst Shaun Rein at Bloomberg TV, boosting even Yahoo´s results. But competition in China by Tencent is growing, making Alibaba not the only player in the country´s e-commerce.

Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers´ request form.

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Thursday, July 25, 2013

Branding blurs differences between state-owned and private companies - Rupert Hoogewerf

Rupert HoogewerfPrivate companies have for long been trailing behind their state-owned competitors, but times are changing, says chief researcher Rupert Hoogewerf of the Hurun Brand List. Branding is blurring that old difference, although the process is slower than expected, he tells in WARC. 

WARC:
Private companies have seen their brand value increase and now outnumber state-owned enterprises in the latest survey of the 200 most valuable Chinese brands. 
The Hurun brand list, compiled annually by the Hurun Research Institute since 2007, includes 98 privately owned companies with an average brand value of 6.97bn yuan ($1.13bn) as well as 94 state-owned organisations, such as China National Petroleum Corporation
Highlights from the report include information that Baidu, the web services company, topped the list of the most valuable private sector brands with a valuation of 106bn yuan. It has won the title for three years in a row. 
Internet service giant Tencent Holdings was ranked second among private sector concerns with a valuation of 88bn yuan and Ping An Insurance of China came third with a value of 69bn yuan... 
Rupert Hoogewerf, founder of the Hurun report, observed that effective branding is key for any company whether they are private or state-owned. "The top brands usually communicate efficiently with customers on new media platforms using innovative campaigns," he said.Although the value of Chinese brands is increasing slower than Hoogewerf expected, he said he recognised that Chinese companies have been investing more in brand-building in recent years and have also "come up with a lot of innovations, including the use of new media".
More in Warc.

Rupert Hoogewerf is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

China Weekly Hangout

Nuclear power is high on China's energy agenda. On 22 November 2012 at the +China Weekly Hangout CEIBS adjunct professor +Richard Brubaker and +Fons Tuinstra, president of the China Speakers Bureau gave an overview of the recent developments of nuclear power in China.

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Monday, April 15, 2013

Why WeChat works better in China - Tricia Wang

Tricia Wang
Tricia Wang
Cultural settings define the success of internet tools often better than technical limitations. That explains why Chinese internet users prefer censored search engine Baidu over Google, and why WeChat works better in China than some might think, writes sociologist Tricia Wang on her weblog

Tricia Wang:
In a society with very restrictive social norms around permissive interaction and self-expression, Chinese youth don't have a lot of opportunity to meet new people outside of formal contexts or to express themselves. 
So the quasi-anonymity of the internet provides a space for youth to explore emotions with strangers - emotions that they don't feel that they can share offline with people they know like friends and family. There's a bunch of social structural reasons for this that I won't get into here. But the important thing I realized was the extent to which youth spend time online interacting with what we would call strangers - and really strangers is not an appropriate word because some of these relationships become very meaningful. 
I don't see user practices around We Chat as an example of communication becoming less personal [as some say WeChat is less personal than others]. 
Rather I see youth trying to find ways to personalize communication. Texting is more personal than talking for Chinese youth - it's easier for them to share emotions over words than voice (also less expensive and more accessible)What is interesting is that they are trying to fulfill a desire for a more personal connection in what seems to be a very impersonal way (i.e. talking to strangers). But for them, a more impersonal connection with a stranger presents the greatest chance for personal connection. These apps allow a more continuous connection and in the case of We Chat - it's not just connections with personal ties, but also strangers!The analogy I use is a bar - and that some apps are a lot of like third spaces, spaces outside of home (first space) and work (second space). The informality of a bar widens what is considered permissive behavior. When you walk into a bar, you can be anyone - you have no institutional or personal ties attached to you. We go to bars to meet strangers but also to be a stranger. We all need informal third spaces where we can chill in the company of unknown others.  And in the same way, we also need similar spaces online. 
Some software environments are very formal (prescriptive behavior, primarily personal ties), but some software environments are more informal - and it is in these informal online spaces that people gravitate towards when they want to explore a self outside of prescriptive ties. In Chinese society where there are VERY limited options for self expression, online third spaces like We Chat are a place where self-exploration feels safe for Chinese youth. 
Also as an aside, the discovery of "why X Chinese app is surprisingly better than X Western app" is something I am hearing more often lately.
More on Tricia Wang's weblog "Bytes-of-China".

Tricia Wang is a speaker at the China Speakers Bureau.Do you need her at your meeting or conference? Do get in touch or fill in our speakers' request form. 

China's internet companies are trying to go global, finding cultural barriers compared to the problems Google, Yahoo, Ebay, Groupon and others found in China. The China Weekly Hangout discussed on November 15, 2012 with +Steven Millward  of Tech in Asia, and +Fons Tuinstra  of the +China Speakers Bureau  about Baidu, Tencent, Alibaba and other Chinese internet companies exploring the world. Main conclusion: most larger companies are positioning themselves in Southeast Asia, Baidu is collecting 500 million USD in bonds for purchases, but not too much is happening yet. The China Weekly Hangout is a weekly feature, discussing this week the bird flu and what China has learned since SARS, now ten years ago. A full overview of previous hangouts, you can see here. 
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Friday, March 15, 2013

The dangers of Tencent's WeChat - Jeremy Goldkorn

Jeremy Goldkorn
Jeremy Goldkorn
Both the location of servers and the nationality of an internet company could offer challenges on the privacy of your data. So, when you are using the growing popular WeChat service of the Shenzhen-based Tencent company, the Chinese government might be peeking along, tells internet watcher Jeremy Goldkorn in Motherboard.

Motherboard:
“The Chinese government could in theory gain access to anything stored on a server in China,” said Jeremy Goldkorn, founder and director of Danwei, a research firm that tracks Chinese media and internet, in an email. “Furthermore, the Chinese government could in theory apply pressure on a company whose major operations and revenue are in China to hand over data stored outside China.” 
Historically, that kind of pressure is more than just a theory. In 2006, Yahoo, an American company, came under fire for handing data to the Chinese government, which resulted in the jailing of several dissidents. A Chinese company faces even more pressure to keep its host country’s government happy. 
Just last week, Bloomberg Businessweek published revelations about China’s monitoring of not only Skype’s joint venture in China with Tom Online, a Chinese wireless Internet company (called TOM-Skype), but some regular Skype users outside the country as well.
More in Motherboard.

Jeremy Goldkorn is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

Next week, on Thursday 21 March, the China Weekly Hangout will focus on food security in China. CEIBS sustainability professor Richard Brubaker and others will join us to discuss over 6,000 dead pigs in Shanghai and other issues in the domestic food chain. Read here our announcement, and register for participation at our event page. 

Who is hacking who, wondered the China Weekly Hangout in February 2013 after a US report pointed at the Shanghai-based PLA unit as the center of hacking efforts. Charlie Custer of TechinAsia and Mathew Hoover discussed the backgrounds, moderated by Fons Tuinstra, president of the China Speakers Bureau.
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