It is not easy for any company to go through the economic cycle and technology cycle. Some people have counted the changes in the world's top 500 list in the past 50 years, and the number of companies that can consistently dominate the list from 50 years ago is only ten Several companies, especially in the era of the Internet and mobile Internet in the past 20 years, have been reshuffled at an accelerating rate. It is also in such a large environment that Tencent has grown from a small software company 20 years ago to one of the dome companies in China's Internet.
In this process, changes are inevitable and must be done. This time it was even more striking. On November 1, on the eve of the opening Fax List of the 2018 Tencent Global Partner Conference, Tencent Chairman and CEO Ma Huateng published his "Letter to Partners", hoping to explain to the outside world the logic of Tencent's transformation and the thinking behind it. At a time when Tencent was constantly being criticized and its stock price fell into a trough, Tencent chose to revolutionize itself.
And if we can understand the three keywords behind Ma Huateng's open letter, perhaps we can better understand the logic behind Tencent's 20th anniversary change. The first keyword: Industrial Internet Just over a week ago, Ma Huateng, founder of Tencent, asked a set of questions on Zhihu, one of which was "What changes will be brought about by the integration and innovation of the industrial Internet and the consumer Internet?" s concern.