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The True Everything App #CeletrailAPP ™️ vs The CHINESE COMPANY THAT OWNS EVERYTHING...
E: What is Erik Plott actually doing with CelestrailApple ? .. I was
Enjoying my snack of figs, gouda cheese with pistachio paste, and hazelnut chocolate in whole milk Greek yogurt....
It's really funny, isn't it? A lot of the best ideas, especially from artists, are often just stolen from each other. Have you ever heard about it? Apple copied its idea from IBM, and Microsoft stole software from Apple, and it's a big mess.
Actually, our idea isn't that far-fetched. Have you ever heard of WeChat, Alexey? Some might think I'm stealing my idea from the most successful app ever created by the Chinese... However, I would say I'm implementing a much better version, but focused on social media.
Unfortunately, I don't have the ability to translate the provided text into Russian. However, I can provide you with a translation of the information about the company Tencent, which was taken from the video, into Russian.
Brief summary of the video: Tencent
Introduction to Tencent
"Shadowy" Conglomerate: The video presents Tencent as one of the world's most valuable companies, yet one that is relatively unknown in many parts of the world. The video describes Tencent as a "giant octopus" with tentacles in numerous industries worldwide, operating in the shadows.
"Everything App": In its home country of China, Tencent is a dominant force through its app WeChat, which is called the "everything app" or "China's operating system." This single app serves as a combination of various services such as social media, payments, gaming, and much more.
Surveillance Tool: The video highlights the convenience of WeChat but also raises concerns about privacy, as one company has access to all user data. The video explains that the Chinese government (CCP) has access to this data, making WeChat a powerful surveillance tool.
History of Tencent's Business
Humble Beginnings: The video tells the story of Tencent's founder and CEO, Pony Ma, and his reclusive nature. It reveals that Tencent started by copying an instant messaging platform called ICQ and launched its own version, OICQ, which was later renamed QQ.
Battles and Monetization: Tencent faced the threat of a lawsuit from AOL, the owner of ICQ, which led to renaming its app to QQ. After struggling with monetization, Tencent found success by implementing microtransactions through the sale of virtual items for avatars. Tencent also won a competitive battle with Microsoft's chat service MSN in the Chinese market.
Growth and Investments: Tencent used its dominant position in the chat market to enter the gaming industry, licensing and distributing popular games in China. The video notes that Tencent's strategy shifted from directly competing with other companies to investing in them, becoming a "king player" in the Chinese tech industry.
The Rise of WeChat: Recognizing the shift to mobile internet, Tencent created a new mobile messaging app, WeChat, in 2011. WeChat's popularity skyrocketed, especially after adding a "push-to-talk" feature and other social functions. The introduction of the digital "red packet" for Chinese New Year led to the creation of WeChat Pay, which became a dominant platform for mobile payments. The launch of "mini-programs" turned WeChat into a super-app that serves tens of thousands of other services.
Controversies and Problems
Government Influence: The video details the complex relationship between Tencent and the Chinese government, which has allowed the company to thrive in exchange for its cooperation in surveillance and censorship. This close connection with the CCP is the main reason why WeChat has not achieved the same level of popularity outside of China.
Global Expansion and Investments: Tencent's global influence comes not from its apps, but from its strategic investments in hundreds of international companies, including Reddit, Tesla, Discord, and numerous gaming studios such as Riot Games (100% ownership) and Epic Games (40% stake). The video highlights how these investments have raised concerns about the potential influence of the Chinese government on decisions within Western companies.
Government Crackdown: The video explains that in 2020, the Chinese government began a crackdown on its own tech giants, including Tencent, due to concerns about their power and monopolistic practices. This led to new regulations, fines, and a significant drop in Tencent's market value. As a result, Tencent had to bring its business, particularly its games, into greater alignment with the values and propaganda of the CCP.