DOCSLIB.ORG

The Great Firewall

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Great Firewall 7/9/2018 Digital Happiness in China 2018 Enterprise Acceleration Briefing, Reboot Happiness, Barcelona, 7th September 2018 Ed Sander, ChinaTalk The Great Firewall www.chinatalk.nl 2 1 7/9/2018 The Chinternet Outside the Great Firewall Inside the Great Firewall Google Baidu, Qihoo, Sogou Facebook Qzone, Kaixin001, RenRen Twitter Sina Weibo, Tencent Weibo MSN Tencent QQ Youtube iQiyi, Tencent Video, Youku Tudou, etc Wikipedia Baidu Baike, Weigi Baike Foursquare Jiepang Groupon Meituan, Dianping, Nuomi eBay Taobao Linkedin Linkedin, Ushi, Tianji, Dajie Whatsapp Weixin (WeChat) Blogger, Wordpress Sina Boke, Sohu Boke Tinder / Grindr MoMo, TanTan / Blued Vine Meipai, Weishi Instagram Miaopai, Meitu Periscope, Merecat Ingke, YY, Yizhibo, Douyu,www.chinatalk.nl Panda TV 3 WeChat 2 7/9/2018 7:00 AM - Checking Moments Timeline and Chats www.chinatalk.nl 5 Entering Chinese Text • Drawing and choosing the right characters • Entering pinyin and choosing the right characters • Voice messaging www.chinatalk.nl 6 3 7/9/2018 8:00 AM - Cycling to the metro station Source: CCTV www.chinatalk.nl 7 8:10 AM Pay for Metro www.chinatalk.nl 8 4 7/9/2018 8:15 AM - Catching up with Subscription Accounts www.chinatalk.nl 9 8:45 Getting a snack from a Bingobox www.chinatalk.nl 10 5 7/9/2018 www.chinatalk.nl 11 Unmanned Store Payment Methods self-scanning + RFID + Just walk out mobile payment Facial recognition www.chinatalk.nl 12 6 7/9/2018 Aspects of New Retail Connecting online Optimisation of & offline shops logistical chain (e.g. Hema) (inventory management) Technology (AI, Big Data) Intelligent self-service concepts Retailtainment (unmanned stores, facial recognition) www.chinatalk.nl 13 YouTube: New Retail www.chinatalk.nl 14 7 7/9/2018 10:00 AM - Visiting a customer: Hailing & Paying a Taxi Enter your location and destination. www.chinatalk.nl 15 Hailing & Paying a Taxi Interested driver Number of and license plate, drivers 1,3 km and 2 notified. minutes away. Option to call driver. Confirm getting Offer a tip. in the cab or cancel. www.chinatalk.nl 16 8 7/9/2018 Hailing & Paying a Taxi Pay with WeChat Payment by entering the cab fare. Enter pin code Processing www.chinatalk.nl 17 11:30 AM - Ordering lunch Choose items from the menu. ‘I want to order food’. www.chinatalk.nl 18 9 7/9/2018 Ordering lunch Order confirmation Payment confirmation www.chinatalk.nl 19 Ordering lunch www.chinatalk.nl 20 10 7/9/2018 3:00 PM - Online Shopping: JingDong www.chinatalk.nl 21 3:00 PM - Online Shopping: WeiDian www.chinatalk.nl 22 11 7/9/2018 5:15 PM - Getting a cold drink Pick a drink www.chinatalk.nl 23 Getting a cold drink Scan the QR code in WeChat. Choose to pay with WeChat. www.chinatalk.nl 24 12 7/9/2018 Getting a cold drink Buy now www.chinatalk.nl 25 6:00 PM - Doing groceries … “You are welcome to pay by WeChat.” www.chinatalk.nl 26 13 7/9/2018 Paying for groceries Payment instructions at the cash register. www.chinatalk.nl 27 Paying for groceries Cashier scans bar code on phone. Payment confirmation. www.chinatalk.nl 28 14 7/9/2018 Paying for groceries www.chinatalk.nl 29 7:30 PM – Dinner with friends: Group Buying (Dianping) www.chinatalk.nl 30 15 7/9/2018 10:00 PM - Hospital appointments www.chinatalk.nl 31 But there’s more ... Send money Donate to Savings. to friends. charity. Flight & train Pay utilities. Public services tickets Share the bill. Movie tickets www.chinatalk.nl 32 16 7/9/2018 Third Party Collaborations www.chinatalk.nl 33 The West vs China www.chinatalk.nl 34 17 7/9/2018 35% of mobile time is spent on WeChat 50% of WeChat users spend 90 minutes or WeChat, 35% Rest, 45% more per day in WeChat >90% of Chinese smartphone owners use Other QQ, 10% Tencent, WeChat 10% Source: Mary Meeker 2016 Internet Trends Report, KGCB, Hillhouse Capital www.chinatalk.nl 35 WeChat MAU Growth (millions of users) MAU 1,200 1,040 1,058 980 989 938 963 1,000 889 846 806 762 800 687 650 600 549 600 500 468 438 396 400 355 272 236 195 200 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2013 2013 2013 2013 2014 2014 2014 2014 2015 2015 2015 2015 2016 2016 2016 2016 2017 2017 2017 2017 2018 2018 MAU www.chinatalk.nl 36 18 7/9/2018 QR-Codes in the West? www.chinatalk.nl 37 % of Internet Users using QR Codes in 2015 60% 50% 50% 40% 30% 21% 20% 20% 16% 13% 13% 10% 10% 7% 0% China Singapore Brazil Italy USA Germany France UK Source: WeAreSocial www.chinatalk.nl 38 19 7/9/2018 Mobile Payment: WeChat Pay and Alipay www.chinatalk.nl 39 On the street ... Pictures: Ed Sander & Christina Xu www.chinatalk.nl 40 20 7/9/2018 What does this mean for the west? Voice Messaging WeChat Whatsapp 2011 Aug 2013 FB Messenger Jan 2013 www.chinatalk.nl 42 21 7/9/2018 WebChat WhatsApp Jan 2015 www.chinatalk.nl 43 WebChat WeChat July 2012 www.chinatalk.nl 44 22 7/9/2018 Paying friends FB Messenger July 2015 WeChat June 2014 www.chinatalk.nl 45 Hailing a Ride FB Messenger Dec 2015 WeChat Jan 2014 www.chinatalk.nl 46 23 7/9/2018 Ordering food Facebook May 2017 WeChat Feb 2014 www.chinatalk.nl 47 Instagram Shopping Tags Instagram June 2018 Mogujie <2013 www.chinatalk.nl 48 24 7/9/2018 Copying the Copycat www.chinatalk.nl 49 Xìng fú www.chinatalk.nl 50 25 7/9/2018 Not always xìng fú Dockless Rental Bikes www.chinatalk.nl 52 26 7/9/2018 Dockless Rental Bikes www.chinatalk.nl 53 Privacy www.chinatalk.nl 54 27 7/9/2018 Didi Hitch Source: whatsonweibo.com www.chinatalk.nl 55 Xìng fú www.chinatalk.nl 56 28 7/9/2018 CONTACT ED SANDER (艾徳) + 31 (0) 651 214 206 THANK [email protected] @edsander YOU www.chinatalk.nl nl.linkedin.com/in/edsander/ 29.
Load more

Recommended publications
  • Uila Supported Apps
    Uila Supported Applications and Protocols updated Oct 2020 Application/Protocol Name Full Description 01net.com 01net website, a French high-tech news site. 050 plus is a Japanese embedded smartphone application dedicated to 050 plus audio-conferencing. 0zz0.com 0zz0 is an online solution to store, send and share files 10050.net China Railcom group web portal. This protocol plug-in classifies the http traffic to the host 10086.cn. It also 10086.cn classifies the ssl traffic to the Common Name 10086.cn. 104.com Web site dedicated to job research. 1111.com.tw Website dedicated to job research in Taiwan. 114la.com Chinese web portal operated by YLMF Computer Technology Co. Chinese cloud storing system of the 115 website. It is operated by YLMF 115.com Computer Technology Co. 118114.cn Chinese booking and reservation portal. 11st.co.kr Korean shopping website 11st. It is operated by SK Planet Co. 1337x.org Bittorrent tracker search engine 139mail 139mail is a chinese webmail powered by China Mobile. 15min.lt Lithuanian news portal Chinese web portal 163. It is operated by NetEase, a company which 163.com pioneered the development of Internet in China. 17173.com Website distributing Chinese games. 17u.com Chinese online travel booking website. 20 minutes is a free, daily newspaper available in France, Spain and 20minutes Switzerland. This plugin classifies websites. 24h.com.vn Vietnamese news portal 24ora.com Aruban news portal 24sata.hr Croatian news portal 24SevenOffice 24SevenOffice is a web-based Enterprise resource planning (ERP) systems. 24ur.com Slovenian news portal 2ch.net Japanese adult videos web site 2Shared 2shared is an online space for sharing and storage.
    [Show full text]
  • A Survey Study on Uses and Gratification of Social Networking Sites in China
    A Survey Study on Uses and Gratification of Social Networking Sites in China A thesis presented to the faculty of the Scripps College of Communication of Ohio University In partial fulfillment of the requirements for the degree Master of Science Yacong Yuan June 2011 © 2011 Yacong Yuan. All Rights Reserved. This thesis titled A Survey Study on Uses and Gratifications of Social Networking Sites in China by YACONG YUAN has been approved for the E. W. Scripps School of Journalism and the Scripps College of Communication by Hugh J. Martin Associate Professor of Journalism Gregory J. Shepherd Dean, Scripps College of Communication ii ABSTRACT YUAN, YACONG, M.S., June 2011, Journalism A Survey Study on Uses and Gratifications of Social Networking Sites in China Director of Thesis: Hugh J. Martin This study is a test of the uses and gratifications theory on Social Networking Sites in China. An online survey of 353 subjects on two major SNS in China showed socio-integrative needs were the strongest motivation for all users who participated in SNS. However, some gender differences were also found. Males were more interested in finding news than female users. Males were also more likely than females to talk about their problems. Female users were more likely than males to facilitate social interactions on SNS. Other results showed low frequency SNS users participated in more activities than high frequency users. The number of friends each user had was not significantly associated with participation in different activities. Approved: _____________________________________________________________ Hugh J. Martin Associate Professor of Journalism iii ACKNOWLEDGMENTS I would like to express special gratitude to my thesis chair, Professor Hugh J.
    [Show full text]
  • In Chinese Social Media: Origins, Transformations and Implications
    The concept of ‘sharing’ in Chinese social media: Origins, transformations and implications Luolin Zhao & Nicholas John Luolin Zhao, Center for Studies of Media Development, Wuhan University, China, [email protected] Nicholas John, Department of Communication and Journalism, The Hebrew University of Jerusalem, Israel [email protected] Corresponding author: Luolin Zhao Pre-print accepted version In this article we present an analysis of the concepts of fenxiang and gongxiang—the Mandarin words for ‘sharing’—in the context of Chinese social media. We do so through an interrogation of the words fenxiang and gongxiang as used by Chinese social media companies. Using the Internet Archive’s Wayback Machine, we created screenshots of 32 Chinese social network sites between 2000-2018 and tracked changes in the usage of fenxiang and gongxiang over time. The Mandarin translations in some ways operate like the English word, ‘sharing’. Fenxiang has the meaning of participating in social media, and gongxiang refers to technological aspects of sharing, while also conveying a sense of harmony. However, the interpersonal relations implied by fenxiang, and the political order implied by gongxiang, are quite different from those conveyed by ‘sharing’. Together, fenxiang and gongxiang construct a convergence of micro-level interpersonal harmony and macro-level social harmony. Thus, the language of sharing becomes the lens through which to observe the subtlety, complexity and idiosyncrasies of the Chinese internet. This article thus offers a new heuristic for understanding Chinese social media, while also pointing to an important facet of the discursive construction of Chinese social media. This implies a continuing need to de-westernize research into the internet and to identify cultural-specific meanings of social media.
    [Show full text]
  • International Guide to Social Media China
    International Guide to Social Media China Overview “China’s famous one-child policy More than one in five internet users are Chinese. The nation’s has resulted in youngsters looking for the companionship of others 500 million internet users are just behind Japan on time their own age online” spent online per day at an average of 2.7 hours. Internet connectivity is not expected to reach the majority of the one billion strong population until 2015. In this report: Although China blocks western social networks, domestic • China’s most popular Social Media sites • Video sites & Location-based apps social networking sites are immensely popular. Half of • Influencers in Chinese Social Media internet users are on more than one domestic social network • Chinese Language & Culture • Online Censorship and 30 per cent log on to at least one network every day. China blocks foreign social networking sites, and censors In this series: posts on domestic social networks, yet social networking remains hugely popular amongst young urbanites. • United States • Mexico • India China’s famous one child policy has resulted in youngsters • Brazil • Latin America looking for the companionship of others their own age online. • Scandinavia This combined with the general mistrust of government- • France • Germany controlled media has resulted in social networking becoming the quickest, cheapest and most trusted way to communicate Further reports due Q3 2012 over long distances. International Guide to Social Media China Social Networks China has a thriving social networking scene with dozens of popular networks. QZone is currently the most popular social networking site used in China.
    [Show full text]
  • Effects of Mobile Social Networking Service in Social Communications
    Advances in Social Science, Education and Humanities Research, volume 123 2nd International Conference on Education, Sports, Arts and Management Engineering (ICESAME 2017) Effects of Mobile Social Networking Service in Social Communications Xu Zhang, Zuquan Xiong, Zhen A, Rui Zhu School of journalism and communication, Xi'an International Studies University, Xi’an, Shaanxi 710128 Key Words: Mobile Social Networking Service; Social Communications; Information Spreading Abstract: Social activities have occupied quite a long text in human development history, while Social Networking Service have just been flourished and developed in these tens or twenties years. Readers who understand the development of the Internet must be familiar with such memories: From the group sending of E-mail, to the hot discussion of BBS, immediate response of IM and self-reflection and group awareness of Blog. Then it has never stopped, networking social communications derive Social Networking Service, from Facebook, Twitter, YouTube, FourSquare to RenRen, Weibo, Youku, Jiepang, from wishing Happy New Year through message to more and more blessing through WeChat, which include countless pioneers of social media or even martyrs. Mobile Social Networking Service at present produces a certain effects to the social communications. Introduction to Mobile Social Networking Service Mobile Social Networking Service is developed based on the traditional Social Networking Service, and it mainly supplies convenient networking service and help for users. The difference between them is that the traditional Social Networking Service connects people with the common value and interest together taking the website as the carrier, and users get information and communicate with each other through PC end. Many social networking websites have developed in recent years, such as RenRen, Kaixin, Weibo, Facebook, etc.
    [Show full text]
  • L'attenzione Per La Cina
    Corso di Laurea magistrale (ordinamento ex D.M. 270/2004) in Lingue e istituzioni economiche e giuridiche dell’Asia e dell’Africa mediterranea Tesi di Laurea L’attenzione per la Cina Le strategie delle aziende di moda online Relatore Prof. Franco Gatti Correlatore Prof. Francesca Checchinato Laureando Valentina Vacondio Matricola 823133 Anno Accademico 2014 / 2015 ! Indice: ……………………………………………………………………………………………… 1 Introduzione……………………………………………………………………. 5 Capitolo I………………………………………………………………………… 6 1.1 Internazionalizzazione nei mercati emergenti: il caso della Cina... 6 1.1.1 Ambiente storico-economico………………………… 6 1.1.2 Metodologie d’entrata delle aziende in Cina…... 7 1.1.3 Flagship store………………………………………………. 10 1.2. Il consumatore cinese……………………………………… 11 1.2.1 I primi consumatori……………………………………… 11 1.2.2 Il mercato del lusso attuale…………………………… 12 1.2.3 Segmentazione dei consumatori……………………. 14 1.2.4 Il consumatore del 2020………………………………... 17 1.2.4.1 Il gusto cinese……………………………………………. 18 1.3 L’arrivo delle aziende di moda in Cina e i relativi aspetti socio-economici ………………………………………………. 20 1.3.1 Democratizzazione del lusso…………………………. 20 1.4 Adattamento e standardizzazione……………………. 22 1.4.1 Concetto di standardizzazione e adattamento... 22 1.4.2 La scelta delle aziende di moda……………………... 23 1.4.3 Aumentare la brand awareness……………………. 25 1.4.4 La scelta geografica……………………………………... 26 Capitolo II…………………………………………………………… 27 2.1 Nuovi metodi comunicativi utilizzati dalle aziende di moda …. 27 2.1.1 Il mercato del lusso in Cina dal 2012 al 2014... 27 2.1.2 Nuovi metodi di comunicazione…………………… 29 2.1.3 Altre novità nel mercato del lusso………………... 41 ! 1! ! 2.2 Come comunicare con il consumatore sulla piattaforma e- commerce………………………………………………………….
    [Show full text]
  • Chefs Redefine Southeast Asian Cuisine
    FOOD FANATICS FOOD FOOD PEOPLE MONEY & SENSE PLUS Burgers Road Trip! Cost Cutters Trends Can it ever be too big? There’s a food revolution in Ten steps to savings, What’s warming up, page 12 Philadelphia, page 39 page 51 page 19 GOT THE CHOPS GOT FOODFANATICS.COM SPRING 2013 GOT THE CHOPS SPRING 2013 Chefs redefine Southeast Asian cuisine PAGE 20 SPRING 2013 ™ SPEAK SPICE, SOUTHEAST ASIAN STYLE Sweet DOWNLOAD THE MAGAZINE ON IPAD success FOOD The Cooler Side of Soup 08 Chill down seasonal soups for a hot crowd pleaser. Flippin’ Burgers 12 Pile on the wow factor to keep up with burger pandemonium. All Grown Up 16 Tricked out interpretations of the classic tater tot prove that this squat spud is little no more. COVER STORY Dude, It’s Not Fusion 20 Chefs dig deep into Southeast Asian cuisine for modern takes on flavors they love. Sticky Spicy Sweets and Wings FOOD PEOPLE Want a Piece of Me? 32 Millennials make up the dining demographic that every operator wants. Learn how to get them. Road Trip to Philadelphia 39 A food revolution is happening in the See this recipe made right birthplace of the Declaration of Independence. now on your smartphone Simplot Sweets® don’t take away from traditional fry sales, they simply sweeten your Who Can Cook? bottom line. With their farm-cured natural sweetness and variety of kitchen-friendly cuts, 40 Martin Yan can, of course. And after 34 years in the business, there’s no stopping him. you can use them to create stunning appetizers in addition to incredible fry upgrades.
    [Show full text]
  • Social Media Contracts in the US and China
    DESTINED TO COLLIDE? SOCIAL MEDIA CONTRACTS IN THE U.S. AND CHINA* MICHAEL L. RUSTAD** WENZHUO LIU*** THOMAS H. KOENIG**** * We greatly appreciate the editorial and research aid of Suffolk University Law School research assistants: Melissa Y. Chen, Jeremy Kennelly, Christina Kim, Nicole A. Maruzzi, and Elmira Cancan Zenger. We would also like to thank the editors at the University of Pennsylvania Journal of International Law. ** Michael Rustad is the Thomas F. Lambert Jr. Professor of Law, which was the first endowed chair at Suffolk University Law School. He is the Co-Director of Suffolk’s Intellectual Property Law Concentration and was the 2011 chair of the American Association of Law Schools Torts & Compensation Systems Section. Pro- fessor Rustad has more than 1100 citations on Westlaw. His most recent books are SOFTWARE LICENSING: PRINCIPLES AND PRACTICAL STRATEGIES (Lexis/Nexis, 3rd ed. forthcoming 2016), GLOBAL INTERNET LAW IN A NUTSHELL (3rd ed., West Academic Publishers, 2015), and GLOBAL INTERNET LAW (HORNBOOK SERIES) (West Academic Publishers, 2d ed. 2015). Professor Rustad is editor of COMPUTER CONTRACTS (2015 release), a five volume treatise published by Matthew Bender. *** Wenzhuo Liu, LL.B., LL.M, J.D., obtained China’s Legal Professional Qual- ification Certificate in 2011. In 2014, she became a member of the New York state bar. She earned an LL.M degree from the University of Wisconsin Law School in Madison, Wisconsin in 2012 and a J.D. degree from Suffolk University Law School in Boston. She was associated with Hunan Haichuan Law Firm in Changsha, China. Ms. Liu wrote a practice pointer on Software Licensing and Doing Business in China in the second and third editions of MICHAEL L.
    [Show full text]
  • Micro-Influencers-Kocs-And-Private
    1 MICRO-INFLUENCERS, KOCS AND PRIVATE POOLS MICRO-INFLUENCERS, KOCS AND PRIVATE POOLS THE HOLY GRAIL OF CHINA MARKETING IN 2020 by Ashley Galina Dudarenok Folke Engholm 2 MICRO-INFLUENCERS, KOCS AND PRIVATE POOLS CONTENTS 3 Ashley Galina Dudarenok is the founder of Alarice and ChoZan. Alarice - your China digital marketing agency Contents Experts in China digital marketing strategy and execution. If you want to know the best approach before diving into the Introduction 4 competitive, dynamic, Chinese digital market, we can help with a detailed, well-researched strategy. We can then put that strategy into action to: Chapter 1 6 • boost your chances of business success in China Who Are KOLs, Micro-KOLs and KOCs? • communicate effectively with your brand’s clearly identified target customers Chapter 2 18 • focus on the right marketing channels Why You Need to Work With Micro-influencers • avoid common mistakes made by foreign brands in China in China • build brand recognition, enhance brand awareness, strengthen your brand image and boost interactions Chapter 3 29 • localize messages and visuals A Simple Guide to Key Opinion Consumers • establish goal-specific social marketing campaigns • arrange fruitful KOL collaborations Chapter 4 36 You can also use the strategy as a guide for your in-house team. 5 Predictions for How Micro-influencers Will Learn more at www.alarice.com.hk. Evolve in 2020 ChoZan - your business school for digital China. Chapter 5 44 Custom-made corporate training, tailored consultations, expert calls How to Get Your Own Micro-KOLs and KOCs in and video masterclasses to help you advance your marketing career.
    [Show full text]
  • Kroger: Value Trap Or Value Investment - a Deep Due Diligence Dive
    Kroger: Value Trap Or Value Investment - A Deep Due Diligence Dive seekingalpha.com /article/4115509-kroger-value-trap-value-investment-deep-due-diligence-dive Chuck 10/23/2017 Walston The acquisition of Whole Foods Market, announced by Amazon ( AMZN) last June sent shockwaves through the grocery industry. 1/20 When the deal was finalized in August, Amazon announced plans to lower the prices of certain products by as much as a third. The company also hinted at additional price reductions in the future. Amazon Prime members will be given special savings and other in-store benefits once the online retail giant integrates its point of sale system into Whole Foods stories. 2/20 Analysts immediately predicted a future of widespread margin cuts across the industry. Well before Amazon's entry into stick and brick groceries, Kroger ( KR) experienced deterioration in comparable store sales. 3/20 (Source: Kroger Investor Presentation slideshow) (Source: SEC Filings via SA contributor Quad 7 Capital) Additionally, Kroger's recent results reflect gross margin compression. 4/20 (Source: SEC Filings via SA contributor Quad 7 Capital) After the takeover, Whole Foods initiated a price war. According to Reuters, prices at a Los Angeles Whole Foods store are lower on some products than comparable goods sold in a nearby Ralph's store owned by Kroger. The Threat From Amazon Research conducted by Foursquare Labs Inc. indicates the publicity surrounding Amazon's recent acquisition of Whole Foods, combined with the announcement of deep price cuts, resulted in a 25% surge in customer traffic. Not content to attack conventional grocers with their panoply of online food services and margin cuts, Amazon registered a trademark application for a meal-kit service.
    [Show full text]
  • Analysis of Bytedance with a Close Look on Douyin / Tiktok ——————————————————
    —————————————————— Analysis of ByteDance with a close look on Douyin / TikTok —————————————————— Author: Xiaoye SHI Supervisor: Prof. Dr. Didier SORNETTE A thesis submitted to the Department of Management, Technology and Economics (D-MTEC) of the Swiss Federal Institute of Technology Zurich (ETHZ) in partial fulfilment of the requirements for the degree of Master of Science in Management, Technology and Economics June 2019 Acknowledgements I would like to thank my supervisor Prof. Dr. Didier Sornette, who has kindly given me countless guidance and advice throughout the Master thesis. I appreciate the opportunity to work on this interesting topic under the Chair of Entrepreneurial Risks and is deeply grateful for all the help received along the process. I also want to express my deepest gratitude to my parents, who have been supportive and encouraging under all circumstances. Without them, I would not be able to become the person I am today. - 2 - Abstract In 2018, ByteDance, a young Internet company with only 6 years of history, broke out on various news headlines as the highest valued unicorn. With the acquisitions of musical.ly and Flipgram, the company’s flagship product Douyin strikes to develop its global presence under the name TikTok. This thesis analyzed Douyin’s historical growth and revenue model. As a main revenue driver, future user growth is predicted and calibrated by extending the methodology proposed in earlier studies by Cauwels and Sornette. We considered three growth scenarios – base, high and extreme, and estimated Douyin as well as ByteDance’s value based on comparable company analysis. ByteDance’s key performance metrics and multiples were compared with four other firms in the similar industry, Facebook, Weibo, Momo and iQIYI.
    [Show full text]
  • Artificial Intelligence Standardization White Paper (2018 Edition) 2018
    Translation The following government-issued white paper describes China's approach to standards-setting for artificial intelligence. Appendices list all of China's current (as of January 2018) and planned AI standardization protocols, and provide examples of applications of AI by China's leading tech companies. Title Artificial Intelligence Standardization White Paper (2018 Edition) 2018 Author China Electronics Standardization Institute (CESI; ; ) is the "compiling unit" () for this white paper. The 2nd Industrial Department () of the Standardization Administration of China (SAC; ) is the "guidance unit" () for this white paper. Source CESI website, January 24, 2018. CESI is a think tank subordinate to the PRC Ministry of Industry and Information Technology (MIIT; ); CESI is also known as the 4th Electronics Research Institute (; ) of MIIT. SAC is a component of the PRC State Administration for Market Regulation (), a ministry-level agency under China's cabinet, the State Council. The Chinese source text is available online at: http://www.cesi.cn/images/editor/20180124/20180124135528742.pdf Translation Date Translator Editor May 12, 2020 Etcetera Language Group, Inc. Ben Murphy, CSET Translation Lead Contributing institutions (in no particular order) China Electronics Standardization Institute Shanghai Development Center of Computer (CESI) Software Technology Institute of Automation, Chinese Academy Shanghai Xiao-i Robot Technology Co., Ltd. of Sciences Beijing Institute of Technology Beijing iQIYI Technology Co., Ltd. Tsinghua University Beijing Yousheng Zhiguang Technology Co., Ltd. (mavsyin) Peking University Extreme Element (Beijing) Intelligent Technology Co., Ltd. Renmin University of China Beijing ByteDance Technology Co., Ltd. Beihang University Beijing Sensetime Technology Development Co., Ltd. iFLYTEK Co., Ltd. Zhejiang Ant Small and Micro Financial Services Group Co., Ltd.
    [Show full text]