Tencent Holdings Ltd (0700)

(14-08-2013, 12:21 AM)Some-one Wrote:

(13-08-2013, 10:30 PM)sgd Wrote:

(13-08-2013, 06:47 PM)Some-one Wrote: If it does IPO here, I would definitely subscribe. The world is moving towards mobile technology and there are huge opportunities for mobile apps. This would be an extremely hot IPO if it does list here. I am using wechat as well and I do like it a lot. Never use whatsapp...

I see writing mobile apps to be low barrier of entry business, there are courses in polytechnic today teaching people how to write mobile apps. I've even seen commercial sites that have tools to help just about any newbie write apps for iphones and smart phones. There are so many thousands of apps out there, out of these thousands maybe a handful can become a hit wonders for a while look at where angry birds are today.

I see things like messanging normally will do well. Whatsapp is so popular today but if people need to pay for it will anybody still want to use it or move on to the next best free thing? That's the thing with online users today, they are so spoilt silly they expect good things to be either free, dirt cheap or opensourced. With this kind of expection how then will anybody hope to get rich from selling mobile apps?

So is it any surprise companies try to get their money back by doing IPO to unload to investors?

I beg to differ on your point. I am a computer engineer myself. I know that it is easy to write a mobile apps but the main point is how many users are using the app and how user-friendly it is. If there are apps with only 10,000 users compare to one with a few million users, which one is easier to get advertising revenue? Also, who is the backer for the Wechat app as compare to one written by another novice? What is the targeted market for the apps?

I am not sure if you have download Wechat to try it yourself. Yes, it is free now. I have seen a lot of new features been put into it and I certainly do see the potential in it. In any case, Tencent has denied the rumours so there's nothing to talk about now.

I think trying to sell advertising thru such medium not so easy, people assume is so easy, the people who want to use your apps doesn't mean they will accept advertising, if it is too intrusive people will be put off and try to skip it out, see what youtube has now resorted to doing putting ads in between videos trying to get people to watch them, if advertising is so easy why need to resort to such things?

If you want to see if people will pay for mobile apps can do a very simple test. Almost everybody have hundreds of apps on their mobile devices these days. If you are given a choice either pay $10 each for the 20% apps that are your phone currently or remove them totally what would your decision be? There is your answer.

(14-08-2013, 11:12 AM)sgd Wrote:

(14-08-2013, 12:21 AM)Some-one Wrote:

(13-08-2013, 10:30 PM)sgd Wrote:

(13-08-2013, 06:47 PM)Some-one Wrote: If it does IPO here, I would definitely subscribe. The world is moving towards mobile technology and there are huge opportunities for mobile apps. This would be an extremely hot IPO if it does list here. I am using wechat as well and I do like it a lot. Never use whatsapp...

I see writing mobile apps to be low barrier of entry business, there are courses in polytechnic today teaching people how to write mobile apps. I've even seen commercial sites that have tools to help just about any newbie write apps for iphones and smart phones. There are so many thousands of apps out there, out of these thousands maybe a handful can become a hit wonders for a while look at where angry birds are today.

I see things like messanging normally will do well. Whatsapp is so popular today but if people need to pay for it will anybody still want to use it or move on to the next best free thing? That's the thing with online users today, they are so spoilt silly they expect good things to be either free, dirt cheap or opensourced. With this kind of expection how then will anybody hope to get rich from selling mobile apps?

So is it any surprise companies try to get their money back by doing IPO to unload to investors?

I beg to differ on your point. I am a computer engineer myself. I know that it is easy to write a mobile apps but the main point is how many users are using the app and how user-friendly it is. If there are apps with only 10,000 users compare to one with a few million users, which one is easier to get advertising revenue? Also, who is the backer for the Wechat app as compare to one written by another novice? What is the targeted market for the apps?

I am not sure if you have download Wechat to try it yourself. Yes, it is free now. I have seen a lot of new features been put into it and I certainly do see the potential in it. In any case, Tencent has denied the rumours so there's nothing to talk about now.

I think trying to sell advertising thru such medium not so easy, people assume is so easy, the people who want to use your apps doesn't mean they will accept advertising, if it is too intrusive people will be put off and try to skip it out, see what youtube has now resorted to doing putting ads in between videos trying to get people to watch them, if advertising is so easy why need to resort to such things?

If you want to see if people will pay for mobile apps can do a very simple test. Almost everybody have hundreds of apps on their mobile devices these days. If you are given a choice either pay $10 each for the 20% apps that are your phone currently or remove them totally what would your decision be? There is your answer.

Not when you are been forced to. Yes, advertising on youtube videos are irritating but do you give up watching it? Google also has a lot of advertisements. Do you stop Googling?It's not the app per se but the component in Wechat which they can create with multiple possibilities and monetised.

To be frank, I don't mind paying if it is a useful app. The worst is to pay for an apps that is equivalent to one which is free but no, I can forsee some of the possibilities that Wechat can do and which people can use. If they employ me, I believe I can help them with monetising it.

They have denied the rumours...

I had merged the two similar threads into one. Please take note.

Thanks

Technology company applying for private bank license? It is new to me. Is this only happen in China? Will find out...

Tencent applies for private banking licence: media

BEIJING - Tencent Holdings, one of China’s biggest Internet companies with a market capitalisation of almost US$100 billion (S$127 billion), has applied for a private banking licence, Chinese media reported on Friday.

The company, known for its wildly popular social messaging app WeChat and its lucrative online games, had its submission approved by provincial authorities in Guangdong, said the Southern Metropolis newspaper. The application will now be assessed by the China Banking Regulatory Commission (CBRC) before it can gain final approval, according to the report.

Tencent’s interest in private banking could tie into its Tenpay online payment system, which allows digital transactions for products like WeChat. The firm recently introduced free-to-play games and paid-for stickers to the app, in an effort to monetise its 236 million active users.

“Tencent probably wants to create an end-to-end system for their users, so they never have to leave the comfort and safety of the Tencent world,” said Mr Frank Yu, a Beijing-based technology investment advisor.

“There’s not really a lot of transaction volume on Tenpay, but they’re getting ready for it. WeChat will be a big source of transactions,” he said.

Neither Tencent nor CBRC officials were available for comment.

Competitor Alibaba Group, the Chinese e-commerce company whose coming IPO could also value it at more than US$100 billion, has also been moving into financial products.

It already offers loans to small business using its platforms and its AliPay payment system recently branched into offering money management products to users through Yuebao. This allows people to generate interest on money stored in their AliPay account through funds that have partnered with Alibaba. - REUTERS

http://www.todayonline.com/business/tenc...ence-media

with the liberalisation of interest rate, shadow banking dying off, new players in the system is desired..logically it boldes well for tencent

What is the synergy here ? Is Tencent (and Alibaba) trying to eliminate the need for traditional middle-man banks to grant credit to online customers ? They would dominate every aspect of the payment supply chain if they execute it well.

(Not Vested)

(13-09-2013, 10:53 PM)Nick Wrote: What is the synergy here ? Is Tencent (and Alibaba) trying to eliminate the need for traditional middle-man banks to grant credit to online customers ? They would dominate every aspect of the payment supply chain if they execute it well.

(Not Vested)

I saw the synergy for Alibaba, but not much on Tencent, at least up to now.

Alibaba platform is dealing with B2B e-commerce, in other words, the customers are mainly small business entities, the group which have least credit support from bank. Alibaba's business will grow, along with its customers' business expansion.

It is quite similar as the business model of YZJ's investment segment i.e. the HTM and micro-financing segment, imo

Split dinner bills amongst wechat friends?

Send money home via wechat? (Kill western union and union pay)

Shop online with wechat acct?? Use QR for live shopping and payment???

(16-09-2013, 10:44 AM)shoeboxlife Wrote: Split dinner bills amongst wechat friends?

Send money home via wechat? (Kill western union and union pay)

Shop online with wechat acct?? Use QR for live shopping and payment???

This is a 10ct stock, honestly remind investor that it is tencent. More than that don't buy.