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Posted 2021-02-04 wanghui626

Tencent‘s outsize influence in China‘s online world is ballast that

      should steady it as it targets business customers. For sheer scale, WeChat

      seemslikely to hold its own. It has given Tencent a powerful distribution

      channel for its own games, and has allowed it to stymie new rival products,

      including Douyin, by blocking them from its platform. But the giant is

      under pressure, and seems to know it. We have to stay awake," urged its

      president, Martin Lau, last month. Such introspection is necessary. Mr

      Chow says it was thought until this year that Tencent could win every

      battle. With more formidable competitors on the scene, the company will

      need to pick its fights more carefully.