Happy Friday everyone. Three quick reads for the Daily Update. Have a great weekend. – jeff TikTok Is Rocking Facebook TikTok continues to go international fast. Here is a good summary at SCMP, which claims Tiktok was the second most downloaded app globally in 2019 (although take these numbers with a big grain of […]
Jeffrey Towson visited the WeChat Open Class in Guangzhou and was impressed by the company’s platform business model, its focus on social and transactional features, and its ability to adapt to the needs of Chinese consumers. He believes that WeChat is smarter than Apple and Facebook because it has a better understanding of the Chinese market and is able to offer a more comprehensive suite of services.
Good morning everyone. This is the daily update for Jeff’s Asia Tech Class, with two points. Facebook is increasingly citing China in their lobbying. Are they behind Tiktok’s CFIUS review? Alibaba and Mobike have digital superpowers. Cheers from the Shanghai airport, jeff Is Facebook behind Tiktok’s CFIUS review? In the last week, CFIUS announced that […]
In Part 1, I argued that Mark Zuckerberg’s memo on “privacy-focused messaging and social networking” is actually an aggressive and potentially stunning growth path for the company. I called it the ultimate gangster move. Their move to consolidate their messaging services creates a big global tool. And it looks a lot like the foundation of […]
Mark Zuckerberg’s memo on “privacy-focused messaging and social networking” has some really big implications. It is focused on private messaging and the WeChat-type operating system. To me, it looks like the first move in a strategy to turn Facebook into a much larger and more powerful company. That such a big power play is dressed […]