Inside China Tech: Tencent supercharges WeChat
- Tencent’s proposed buyout of Sogou seems to indicate aggressive plans to further integrate China’s No 2 search engine into WeChat
- It may shake up a market long dominated by Baidu and fend off potential competition from TikTok owner ByteDance
Hello, This is Bien Perez from the SCMP’s Technology desk with a wrap of this week’s leading stories.
“WeChat is probably the first app most Chinese internet users open in the morning, and the last one they check before bedtime, so it has the potential to be an extremely effective channel for search queries,” Natkin said. He added that Tencent’s full control of Sogou would make integration easier and allow the internet giant to enjoy all the profits that such a combination of resources might generate.
WeChat: an app that runs apps including a fake news debunker
Competition in China’s online search market has become more intense after ByteDance entered the space with Toutiao Search in August last year and its app version this February. Baidu currently dominates that market with about a 66 per cent share, followed by Sogou with 22 per cent, according to data from internet traffic monitor Statcounter in June.
With that new feature, WeChat directly competes against domestic short video app market leaders Douyin, the Chinese version of TikTok, and Tencent-backed Kuaishou.
“We are engaging with relevant authorities and hope to be able to resume service in the future,” said a notice sent by WeChat on Saturday to an undetermined number of Indian users, who were unable to log into the app.
Huawei tops Samsung in global smartphone shipments
“If it wasn’t for Covid-19, it wouldn’t have happened,” said Canalys senior analyst Ben Stanton in the report. “Huawei has taken full advantage of the Chinese economic recovery to reignite its smartphone business.”
It marked the first quarter in nine years that a company other than Samsung or Apple has led the global smartphone market, according to Canalys.
Founder compares Huawei to damaged plane
If Huawei goes ahead, it would further heat up the legal battle on whether Meng, the daughter of Huawei founder and chief executive Ren Zhengfei, should be extradited to the United States.
TikTok faces more scrutiny overseas
Beijing-based ByteDance has received a proposal from some of its investors, including Sequoia Capital and General Atlantic, to transfer majority ownership of TikTok to them, the sources said.
TikTok is still growing as it rakes in more cash from advertising, and its management team expects to achieve US$6 billion in revenue in 2021, one of the sources said.
And that’s all for this week. Until next time.