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Sunday, August 28, 2011

Analysis: Tencent in steep climb to be China's Facebook , Twitter - Yahoo! Singapore Finance

Analysis: Tencent in steep climb to be China's Facebook , Twitter - Yahoo! Singapore Finance
Posted by RAYLOKE at 3:22 AM

1 comment:

  1. RAYLOKEAugust 28, 2011 at 3:23 AM

    "The idea is to make sure users can do everything they want in an Internet site. It's a way for Internet companies to make sure users stick to their sites rather than go to their rivals," said Jane Wang, an analyst with UK-based research firm Ovum.

    Tencent dominates China's $5-billion online gaming market with hits such as Dungeon & Fighter where players slay monsters with lightsabers and Three Kingdoms where swordsmen battle in ancient China. "There is a ceiling in Internet value-added services, so that is giving us a sense of urgency," Tencent founder and CEO Pony Ma told reporters this month.

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