Tencent

In China, app stores traditionally take 50% from game developers, worse than the global standard.

It leads in commercializing AI.

It can turn informal WeChat conversations into a sales process.

While Tencent is chasing domestic carmakers, its major competitor Alibaba holds out olive branches to foreign auto giants.

WeChat opens up to more short-form video

Technically it’s a rival, but OnTime’s ride-hailing concept differs slightly from Didi’s.

Tencent is focused on growing ad revenue.

Hangzhou aims to make cross-border e-commerce account for 30% of its foreign trade volume, up from 16.8% in 2018.