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Well, it helps that Tencent simply had to observe the West then copy them for product ideas, due to China's isolated Internet. ICQ/MSN? QQ eBay? PaiPai Whats
by pcr0 11y ago
Well, it helps that Tencent simply had to observe the West then copy them for product ideas, due to China's isolated Internet.
ICQ/MSN? QQ
eBay? PaiPai
WhatsApp? WeChat
Dropbox? Weiyun
PayPal? TenPay
Uber? Dididache
Those are just copies of Western products, they even have an extensive history of copying other Chinese companies to the point that the CEOs of Alibaba and SINA have accused Tencent of blatant copying.
In response, quoting straight from Tencent's CEO and chairman:
"[To] copy is not evil."
They do have quite a bit of innovation too, but I'd say the company is about 50% copy and 50% innovation.