Ma admits Tencent's innovation effect is lower than expected

"Financial Network" Hong Kong news/reporter Fu Yanyan "China instant messaging giant Tencent Holdings Limited (Hong Kong Exchange code: 00700, said Tencent) despite the booming business, but shareholders are still dissatisfied, that they lack of innovation. In this respect, Tencent Chairman and CEO Ma also admitted that the innovation effect is lower than expected, but will be positive improvement.

May 13, Tencent held its annual shareholder meeting in Hong Kong. A shareholder of the Conference disclosed the above information to Caijing reporter.

The shareholder believes that Tencent's user base is too low, brand value is limited. At the same time, for Tencent to bring strong growth momentum of the game revenue, rising space is also limited. "In 2008, Chinese game users have accounted for 30% of the total number of users, the game penetration rate is basically peaked." ”

His point of view is approved by Tencent President Lau, but Lau says Tencent is not an empty game, and Tencent can meet different game groups by developing a variety of games.

In addition, the interconnection of instant messaging services is the focus of shareholders ' attention. Tencent has a huge real-time communications user base, once the interconnection interoperability, will undoubtedly be a big blow to Tencent. Some shareholders to the "financial" reporter said, "Once the instant communication interconnection, Tencent's advantages will be lost, at that time, I will not hesitate to sell Tencent." ”

In this regard, MA believes that real-time communication between the interconnection, need to meet various conditions, such as technical security, user privacy and cost-sharing needs to be taken into account, and these conditions are still not satisfied.

However, in the absence of interconnection, Tencent's huge user base is suspected of monopoly is also a concern for shareholders. Tencent released a quarterly bulletin showing that the total number of instant messaging registered accounts reached 934.9 million, up 4.8% from the previous quarter, while active accounts reached 410.8 million, a 9.1% increase from the previous quarter.

Chen Yidan, Tencent's chief administrative officer, said at the meeting that the criterion for judging monopolies was not market share, but whether to use market share to seek illegitimate benefits. Therefore, Tencent does not have a problem of suspected monopoly.