The Craziest Company That Changed China Forever | How Big Is Tencent

Some say it spies on people and stops them from saying what they want. Others think it's too big and pushes out its competition. But it's also a wild story of a small startup turning into a mega-rich powerhouse. When you think of big companies, names like Amazon, Apple, and Google probably come to mind. But then there's Tencent, standing tall among them, worth even more than Facebook, Microsoft, or Walmart. The truth is, Tencent does a little bit of everything. Chances are, you're using something connected to Tencent without even realizing it. But in China, it's a whole different ballgame. There, everybody knows Tencent runs the show. That's because Tencent made a super app called WeChat that's basically a one-stop shop for everything. Why? Because WeChat is like having a bunch of apps in one. It's PayPal, Facebook, WhatsApp, Google, Netflix, Spotify, Uber, and a whole lot more rolled into one convenient app. Making it a central part of daily life for many users in China. You can chat with friends, pay bills, shop online, order food delivery, book travel, play games, access news and entertainment, and pretty much live your whole life through it. 👇Subscribe for more Shark Tank Updates👇 https://www.youtube.com/ @calidadworld 👇Subscribe for more Shark Tank Updates👇 https://www.youtube.com/@calidadworld I must say that I have absolutely NO intention of violating the copyright holder's rights. All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the "about" page on my channel. All are covered by the Fair Use law. "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use." The video is accurate as of the posting date, however, it might not be accurate going forward and should not be taken as investment advice. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. AFFILIATE DISCLOSURE: There may be a few links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase. I may receive a commission at no extra cost to you. I appreciate your support in allowing me to continue to create helpful content for you. Thank you! #technology #tencent #wechat