"Tencent is just an ordinary company", Ma Huateng's truth or Versailles?

2022-01-13

Ma Huateng, the helmsman of Tencent, once again showed his low-key side. According to media reports, at the Tencent employee conference at the end of 2021, Ma Huateng frankly said that Tencent is only an ordinary company during the national social development. It is a beneficiary of the national development wave. It is not a basic service and can be replaced at any time. In the future, when serving the country and society, Tencent should not be absent, in place and offside, and be a good assistant and connector. Interestingly, as early as 2008, Ma Huateng came out of the circle because of the remarks of "ordinary family", and the heat continues to this day. "I don't think I'm particularly rich. It's all from ordinary families. Our living habits haven't changed much over the years. At most, the house is bigger." This was the statement made by Ma Huateng in an interview with the media at that time. Ma Huateng, who ranked ninth on the Forbes China rich list in 2008 and has repeatedly become the "richest man" for many years, was ridiculed by netizens as the top Versailles, tied with Ma Yun's "regret to create Ali" and Wang Jianlin's "nothing". On January 12, Ma Huateng defined Tencent as an "ordinary company". Tencent's comments also brushed the screen in the media public opinion field, causing attention and discussion. This is almost like a reprint of Ma Huateng's "ordinary family" speech. The views in the public opinion field can be basically divided into two categories. One is that Ma Huateng's remarks are too low-key and even suspected of reverse Versailles. According to the volume, scale and business ecology, Tencent can be called a "Big Mac" enterprise and should not be divided into the concept of "ordinary company". According to Tencent's financial report data, Tencent's total revenue in the first three quarters of 2021 reached 415.9 billion yuan, a year-on-year increase of 19%; The total net profit reached 129.864 billion yuan, a year-on-year increase of 29%; The adjusted net profit was 98.908 billion yuan, a year-on-year increase of 10%. In Tencent's core social field, wechat's monthly active account reached 1.26 billion, a year-on-year increase of 4.1%; Although QQ monthly active users have said a shrinking trend for many quarters, there are still 574 million users. In another core game field, Tencent also showed strong strength. According to the intelligence data of sensor tower store, there are 8 games with a global revenue of more than $1 billion in 2021, of which Tencent's "pubg mobile" and "glory of the king" lead the list with absolute advantages. Tencent's pubg mobile (combined with the revenue of peace elite) and the glory of the king both had a global revenue of more than US $2.8 billion in 2021, ranking first and second in the best-selling list of mobile games in the world, with a year-on-year increase of 9% and 14.7% respectively. Moreover, the products ranked No. 4, 7 and 8 also have Tencent's investment background indirectly or directly, which obviously shows that Tencent is still the "biggest winner" in the camp of head game enterprises. However, Tencent can not rest easy. It should compete with giants such as Alibaba, Baidu and Huawei in terms of enterprise services and industrial Internet. It should also continue to resist the impact of byte beating from the fields of short video and information flow advertising. For example, in the 2022 wechat open class held on January 6, Tencent did not disclose the data of video numbers. The gradually declining micro vision, as well as the hidden video number, user duration and other data, continue to put a question mark on Tencent's short video dream. The other side believes that the rise and growth of Tencent has indeed enjoyed the dividends of the times of national development. As an Internet giant, Tencent does have certain technical strength, but it still lags behind the world's top Internet enterprises such as apple, Google and Amazon. The past 2021 has undoubtedly been a turbulent year for Internet giants. According to media statistics, the market value of China's top 10 Internet giants has evaporated nearly $800 billion in 2021. Although according to the market value, Tencent is still the Internet giant with the highest market value in China, the gap with apple, Google and Amazon is gradually widening. Tencent's market value is now floating around $560 billion, while Apple's market value has exceeded $3 trillion for the first time this year, and Microsoft's market value is around $2.3 trillion. Followed by Google and Amazon, they are in the process of sprinting the $2 trillion mark, and then Tesla and Facebook are in the market value of $1 trillion. Compared with these global Internet technology giants, Tencent is indeed a little "ordinary". More notably, compared with the above-mentioned top giants who master different core technologies, they emphasize the development attributes of products and platform operations rather than core scientific and technological capabilities, which will indeed make Tencent as Ma Huateng said that it can be replaced at any time. (Xinhua News Agency)

Edit:Li Ling    Responsible editor:Chen Jie

Source:ZAKER

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