This week on TechBuzz China by Pandaily, our hosts Ying-Ying Lu and Rui Ma talk in-depth about a story that sparked great controversy across China’s technosphere – the debate on whether Tencent has still got its mojo.
TechBuzz China by Pandaily is a weekly technology podcast that is all about China’s innovations. It is co-hosted by Ying-Ying Lu and Rui Ma who are both seasoned China watchers with years of experience working in the technology space in China. They share and discuss the most important tech news from China every week with commentaries from investors, industry experts and entrepreneurs.
The subject of today’s story is Tencent, the T ot the Chinese technology trio “BAT,” and whether or not Tencent has a dream. Why? Well, when a veteran tech journalist writes a 13,000 word piece titled “Tencent Has No Dream,” leading to thousands of responses and a #fakenews scandal involving Tencent CEO Pony Ma, the topic is definitely worthy of discussion.
Rui and Ying-Ying take you back to 2011 when Tencent had a market cap of less than one tenth of they’re worth today to see what they’ve done, how they’ve evolved, and what their future holds. Also in the show, Hans Tung, Managing Director at GGV and an early investor in Xiaomi as well as the co-host of SupChina Network’s 996 Podcast with GGV Capital, shares his own insights and thoughts on the internet giant’s future.