Inside the Cannibalistic Culture of China's Biggest Tech Giant
- WeChat’s creation benefited from competing internal teams
- Tencent using same approach in music, video, film businesses
Tencent Using Internal Competition in App Push
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Success inside China’s most-valuable public company sometimes requires a bit of cannibalization.
Tencent Holdings Ltd.’s ubiquitous WeChat service emerged after founder Ma Huateng encouraged employees to compete against each other to create a mobile messaging business. WeChat now has more than 805 million users, who turn to the service not just for texting but also for playing games, paying bills and buying money-market funds.