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Tencent encourages cannibalistic competition within the company to help find the next big thing

F
ollowing the model used to create WeChat, which emerged through rival efforts, Tencent now has at least six live-streaming divisions, four music apps, three virtual reality businesses and two film companies vying against each other under a single corporate umbrella.
1 year ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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