Tencent

Tech giants like Google, Amazon, Alibaba and Tencent will drive innovation for the next decade.
Chinese companies like Alibaba, Baidu, GDS, and Tencent will create more competition with American giants like Microsoft, Google, and AWS.
Given Alibaba's e-commerce heft and its links to Alipay, the new stock listing heightens Alibaba's competitive threat to U.S. and European payment companies, as well as Alibaba's local rival Tencent, which has built a similar global payment network for travelers through WeChat's payment app.
This year, Tencent partnered with Babylon Health, a UK-based startup developing a virtual healthcare assistant: WeChat users will have access to Babylon's app, allowing them to message their symptoms and receive feedback and advice.
The U.S. and China are both more or less pushing national endorsements that could give Baidu an advantage in working with car manufacturers and Tencent wider access to hospital data, Google and advantage in the Ad-Space and so forth.
Chinese Internet giant Tencent Holdings Ltd. will cooperate with government institution the China Association for Science and Technology to develop a strategy using artificial intelligence to stop the spread of internet rumours.
WeChat will overtake QQ (also owned by Tencent) to "officially" become China's most active social platform in time for Tencent's next earnings report.
Communications platforms QQ and Wechat could be leveraged by Tencent to build out a virtual reality ecosystem and help developers to reach users.
As the lines between retail, IT and healthcare industries continue to blur, during 2019, Google, Apple, Facebook and Amazon (GAFA) in the West, and Baidu, Ali Health, Tencent in East will start to dominate the Individual Care space.
In the Chinese bond market, which Bloomberg pegs to be valued at around $11 trillion, major firms routinely leverage their Tencent QQ and WeChat instant message accounts to research opportunities, take orders, and everything in between.
In the Chinese bond market, major firms routinely leverage their Tencent QQ and WeChat instant message accounts to research opportunities.
Grab is placing an increased focus on financial services as it seeks to become the everyday app for consumers in Southeast Asia, where digital spending is expected to triple by 2025.
Tencent will seek to grow gaming revenue from overseas markets by exporting its games as well as investment.
Tencent will begin verifying the identities of Chinese Honor of Kings players against a police database - a new measure designed to restrict the amount of time minors spend in the game.
Not only does Tencent greatly surpass Sony, Activision Blizzard, and other industry giants, but it is also the 9th largest company in the world, which perfectly illustrates how big the games market has become: Tencent could even claim the top spot by 2025 if it keeps growing at current rates.
Foreign companies worry that an expansive interpretation of the requirements for inspections of equipment and storing data within China will raise costs and could allow the Chinese government to steal their intellectual property.
Tesla and Tencent could create WeChat fan pages and communities to boost the company's brand in China and integrate the app into Tesla cars.
The World Bank projects the combined revenue of global businesses will be more than $190 trillion within a decade.
Tencent will support and broadcast MLB developmental events to help grow the sport of baseball in China.
Two open-source projects contributed by Chinese tech giants Baidu and Tencent will focus on machine and deep learning advances with the long-term goal of making the AI technologies easier to use while advancing cloud services using deep learning frameworks.
In 2015, Tencent adopted its Cloud Plus plan to develop Tencent Cloud, which will invest 10 billion RMB to build a cloud platform and ecosystem over the next five years.
The year 2019 will see increased momentum for AI, both in terms of hardware and cloud services, with the maturity of enterprise-grade AI going up a notch.

See full forecast

Last updated: 23 February 2020