The Secret Chinese Company That Owns Everything
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- Опубликовано: 28 май 2024
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The INSANE story of Tencent - a controversial MagnatesMedia business movie looking at one of the most valuable companies in the world. This business has many accusations against it - from being used for surveillance and censorship, to anti-competitive monopolistic business strategies & crushing the competition. It's a crazy rags to riches entrepreneurial story, going from only $1000 and the brink of bankruptcy to becoming one of the richest most powerful companies ever. This is the rise and fall of a business empire. This is the untold history of Tencent.
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If you look at the world’s most valuable companies, you won’t be surprised to find the likes of Apple, Microsoft, and Google. But one name does stand out: Tencent. The company is worth more than the likes of Facebook, Mastercard, and Samsung, and yet if you asked the majority of people what Tencent does, you’d be met with a confused look. The truth, is that Tencent does everything. Because whilst Tecent’s mascot is a friendly-looking penguin - a more accurate animal to embody this conglomerate would be a giant octopus, with tentacles reaching into almost every industry you can think of, all over the world. Whether you realize it or not, you almost certainly use products or services Tencent is involved with.
However in Tencent’s home country of China, it’s a very different story; everyone is aware that Tencent dominates their lives. And that’s because in China, Tencent has achieved the seemingly impossible: one app to rule them all. Tencent created an app called WeChat that's been dubbed ‘the everything app’ because almost all of China’s 1.4 billion population use this app for an average of 4 hours every day, more than the average American user spends on all social media apps combined.
And the reason people in China use WeChat so much is because it’s basically every app you can think of rolled into one. Its essentially Facebook, PayPal, Whatsapp, Netflix, Google, Spotify, Uber, Yelp, Tinder, Zoom, RUclips, Deliveroo, Amazon and lots lots more all in one single app. You pay your bills through it, call your friends through it, and essentially live your entire life through it. However one single company having access to literally all your data - from your exact location to your entire bank history to every message and call and search you’ve ever made - it’s a lot. And then it gets worse when you realize that the line between where Tencent ends and the Chinese government begins, is blurry. Meaning, the Chinese Communist Party (CCP) has access to all that information as well, making WeChat one of the most powerful surveillance tools ever.
Plus, private messages and images that are sent through Tencent’s apps like WeChat are scanned to see if they need to be censored - if you say anything the Chinese government doesn’t want you to, you could end up in jail, or disappear. The Chinese government has even openly confirmed that it can access deleted WeChat conversations.
Tencent has used its vast wealth and resources to expand into many industries. They are also the largest gaming company in the world - with revenue significantly higher than any competitor. Gaming is just one of countless different industries Tencent operates in. Also Tencent’s Payments division is nearly as big as PayPal’s entire business. And its reported WeChatPay generates over 1 billion payment transactions per day - more than Visa and Mastercard. But it’s only recently that the West has started to realise the influence Tencent - and thus China - actually have... In this business documentary, we'll answer questions like: What is Tencent? What does Tencent do? How did Tencent and other Chinese businesses get so big?
The Secret Chinese Company That Owns... Everything?
Tencent - The Craziest Company You Don't Know About
The Penguin That Changed China Forever
The Chinese Company That Owns Everything
The Secret Chinese Company That Owns Everything
00:00:00 Prologue
00:10:21 Chapter 1: QQ & The Mysterious Founder of Tencent
00:21:12 Chapter 2: Microsoft vs Tencent
00:24:19 Chapter 3: Out Of Control
00:33:38 Chapter 4: WeChat: One App To Rule Them All
00:44:11 Chapter 5: Surveillance, Censorship & Control
00:53:25 Chapter 6: Tencent vs TikTok
00:56:27 Chapter 7: Empire
01:05:45 Mini Break: Please Subscribe to MagnatesMedia
1:06:11 Chapter 8: Tencent vs China
1:13:08 Thanks to Shipstation!
1:14:12 Chapter 9: The Future of Tencent
🔔 Want more business mini movies? Please turn on notifications for MagnatesMedia! 🔔
This project has consumed my life for the last few months 😂 But hopefully you’re gonna enjoy this one, as I really think Tencent is such a fascinating business - it’s one of the world’s most valuable and influential companies, and yet most people know very little about it…
Tencent is often surrounded by controversy - including extreme surveillance, censorship, and brutally cloning & crushing competitors. And many people are concerned by just how many companies Tencent is now involved with.
And yet in many ways, this is also an incredible success story… Tencent went from having only $1000 in their bank account & being on the edge of bankruptcy, to becoming a gigantic global empire & creating ‘the everything app’ that Chinese people live their entire lives through.
There’s a lot to cover here, so get comfy, and join me on this journey through Tencent’s crazy history. :)
P.S. Ideally watch with headphones and on a laptop / TV if possible. Enjoy!
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Well that was a fast comment
You are awesome.. love your videos man..
But how the heck do RUclipsrs like you research your videos? 😅..
I have a similar type of channel but your research is better
Bro change tumbnail
Thank you
WOW the production quality of your videos has only been getting better and better lately, but this one is far superior and just excellent! Really enjoying your channel and so excited to see it grow even more. I really respect and like the fact that you want to keep working on making your videos the best version they can be and keep improving them where you can - and not just sell out and keep things status quo just because it's easier and you'd still get views. Thank you for your channel 😊you're awesome!
Your videos are basically Netflix level at this point
Not really, nor even close, not by a little nor by anything at all. The facts do not always add up, otherwise. Okay video
@@BrandoLolOk what...? I get the point but.. Where'd you get that answer from...?
If he just got rid of that weird accent 😂 jk
@@billsny9243 Lowkey, 😂I don’t disagree
@@BrandoLolOk alright
I am so sorry your channel is being attacked. Your content is beautiful and it would be a crime if it was all lost.
Yes I just subbed because I want to give a bit of support. I am sure this will be reversed
@@Thick_Moist I hope so.
Wait why is it being attacked??? For showing the truth?? People can’t handle it
@@xyz-pg3zd Someone is trying to copyright strike this channel for malicious purposes.
Lame magnates is quickly turning into my favorite channel daily
20:28 "Then I'm Penguin mom." Insane levels of rizz right there
I remember having nightmares about a company like this forming when I had learned what social media was. I used to read books about monopoly’s and the people who formed them and how they eventually become a part of the government or how the government seizes control of it. Weird ass times we’re living in.
XD. True
This video is full of Western propaganda about China, and the government cannot obtain or see any chat records without the permission of the court. I think this is the case in any country.
apocalyptic times
NWA. Big Brother.
Capitalism inevitably produces monopoly.
As someone who also fell into a short content quick dopamine trap, it’s unheard of to keep me watching a video on youtube for this long. I genuinely did not realize this video was over an hour long, it was so easy to follow and understand everything.
Thank you for an amazing content!
100% true for me.
The introduction, I really thought it was all the video untill I looked for the running time. I had to cancel plans after that
I didn’t know it was one hour long until I read this comment and after everything he said I felt like the video was coming to an end until I realized that I was only 10 minutes into the video 💀
That’s because it’s sponsored by tencent
@@j.antonioespinoza5485 mate same here I was like wow really interesting quick doc and then read "prologue" lol. banging video
It's too qualitative not to be paid off, quality content tends to disappear but you're one of these few content creators able to produce real and useful content. Thanks for the work
Which currency sir ?
@@MunnabhaiBDSM its korean won
@@javierpasten7568 thank you
@@MunnabhaiBDSM I bought 5€ but since I'm living in Korea atm, youtube automatically transformed it into won 😅
holy crap im old. i didn't know you can donate through comments; I'm sleeping under a rock. smh
After the Prism Gate incident, the United States is entitled to talk about privacy？😅
Thanks! Love the quality of information and the thoughtful analysis
Bro didn't even get a heart 😢
by your name I guess the government will get you.
@@realheckertrustmebro Why would Biden care if I liked a youtube video? Where are you from that makes you fear this?
@@shengqiwang3311 I thought you were chinese.
@@realheckertrustmebro yea Im Chinese American, we only make up 1.5% of the population here so its understandable
I don't usually donate, but this has been such a phenomenal video that I feel like I should give back for my over the years consumption. Thank you for the research and the hard work you put into this; I'm always looking forward to the next video. Cheers!
W
No kidding! The editing on this video alone is amazing
10$, really?)
@@BogdanZelinschi how much have you donated lad?
@@BogdanZelinschi Is this necessary mate?
It's all about control, in China the government control the companies, in the US the companies control the government.
Very well said
china government control the company for the good of people. US company control the government for the profit of their own
but the US is not as detrimental as it is in china because i think most political pipo in the US own a business somehow
Super said
thats why the corporate media constantly attacks china
Well...I'm a Chinese citizen based in the city of Chongqing... I can tell you this, most Chinese people know the fact that has been shown in this video... But the majority of the country doesn't seem to care... You might think they are brain washed... But I think it's not that simple... China is so different from other parts of the world, you need to take really close look at it to get really basic understanding of the country...
who let you on youtube? lol
@@stephentyler8712In case you don’t know, there’s something called Vpn. Also, people travel! How ignorant are you?
you really chinese? You speak is different with chinese people
@@stephentyler8712who？myself😂
@@jamesww6209so in your opinoin，Chinese should be stuipid？
Thank you for such an interesting video thoroughly enjoyed the entire video and looking forward to more such amazing content!!!!
As a Chinese, I can say that they started to put ads and fees to withdraw money, and have things annoy the hell out of people, and they never listen when people complain, but we have to keep using it because there’s no other in the competition
How are you able to use youtube in china I thought it was blocked
i feel you, getting ads shoved down your throats
@@Djp1989 We use vpns
@@Djp1989 There is ways around blockade, atmothere is not a brick wall, internet is not a flat surface.
@@believe88 At least some good things from all this russian nonsense, no ads on RUclips is very relaxing by some reason.
10 years later: Netflix acquired Magnets media for 3.5 billion dollars
*magnates not magnets lmao
Please edit so I can like your comment 😂
Autocorrect bro 😂
Autocorrect is the worst…but provides some of the best laughs lol
Who would want to pay 3.5 billions for a magnet 🤔
I'm a Chinese living in China, thrilled to see such fantastic content being produced, much of which I previously had no clue about. Among my peers, Pony Ma and Tencent have a bad reputation because they've churned out many plagiarized games loaded with tons of microtransactions, squeezing out the space for many excellent games to thrive. In the eyes of my elders, Tencent is just the company behind WeChat and QQ. Thanks to your video, I now have a clear understanding of Tencent's early days and its complete development journey. However, at the same time, I feel saddened by the one-sided reporting of China by Western media over the years, as well as the numerous misunderstandings and biases in the comments.
But does the west get represented fairly in china ?
+1 me too
It's like listening 🎧 to the best speaker 🔊 share a story, I don't see how else this could have been narrated better than this
This movie was so good it feels illegal to watch it for free. Thank you to Magnates Media for taking your time to put out the best, very useful content. We couldn't ask for a better documentary channel. You deserve the best.
Amazing that people still cheer on the activision-blizzard merge and don't understand why conglomerates and monopolies are so bad for us and so good for the plutocrats. The only thing we can do is spread the word and learn.
wecunt?
Very much agreed. Top notch documentary-creating. I recommend this channel to anyone curious to understand the complex relationships between various shady corporations and the average consumer.
@@Heathensauce That's unrelated to the video. Also, they still compete with Sony, Nintendo, EA, and a ton of indie studios.
Bro it better be free, whoever made this video gets paid so it better be free
This is probably the first and the last RUclips channel where I spend over an hours on a single video.
Fascinating stories along with top notch editing aside, I really appreciate your narration that evolves over time since your first videos.
A clear voice over is what kept many non native English speakers me included from watching most similar lengthy contents on RUclips.
YOU are the legend.
Try Lex Fridman.
You should try "Moon" also. Similar style content.
@@AllyPenguin Thanks but I watched it before. Moon is too toxic and they quote unchecked sources.
There is always x2 speed
You're missing out. There are many excellent hour-long and multi-hour videos. I've almost completely shifted from TV and films.
It's not just the size and power of the company that's scary, it's the fact that they did it so incredibly quickly and were able to fight off large corporations while doing so. can you imagine if they keep following the same strategy how big they could get in the next decade!?
Apps live on hardware. Hardware is made from materials. Materials are acquired using fuel. Fuel requires natural resources (in decline) and machinery (dependent on fuel). Tencent is vaporware living in a world of deluded consoomers so far from any real world constraint it's no wonder people imagine it's powerful. Verizon, At&t, and Spacex gatekeep nearly every routing node on the planet. What's the value of an app with no connectivity? What's the internet with no electricity? The real world has real, tangible wealth. China imports nearly ALL of its liquid fuels and about half of its coal. ALL of which are in decline due to declining EROEI. China imports 35% of its food. Now ask yourself: Without food and fuel what's really valuable? 95% of fertilizer is made from natural gas.
Exxon Mobil is the 8th largest company on the planet by revenue and the largest in tangible assets. What's a business worth when its dependencies cannot be met?
i was watching this video thinking would be short because of the “ending”. turned out that those 10 minutes were an introduction. man, you put lots of work into these amazing documentaries. keep up the great work, bro
I was listening with my screen off and when he said we are going to discuss Tencent. I thought I was halfway through the vid😂😂. It hadn’t even started yet😂😂
A 10 min prologue that actually makes me want to watch the next hour+, well done!
As a content creator myself, I can’t imagine how long it takes to edit this amazing work
My exact thoughts. Very well executed
ngl that caught me playing in the background (autoplayed) and I remained for the whole thing. Liked and subbed
@@seccentral just finished the video sane thing happened to me XD. I thought the video was over at the end of the prologue (like most of youtube now) and I was like "damn now I'm gonna watch more about Tencent just to see I had plenty more to watch XD
WOW SIR VERY DANGEROUS 😠😠 BUT THIS IS WHY IM SO LUCKY LIVE IN SUPER INDIA 🤗🇮🇳 THE CLEANEST COUNTRY IN THE WORLD , WE NEVER DO SCAM AND WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
I just wanna say, I'm so grateful that I accidentally bumped into this video of yours and started to know about your channel. I've looking for videos like this for so long. Thanks for your dedication and this incredible content
This video is actually so well documented and put together. I really love these types of workf you give in to these videos
The research and work you have done for this video is insane. I'm from China and also a QQ user since 2005. Being through this video remains me a lot of my childhood. Tencent's story is truly unique and putting all those pieces of its history together for a person that not grow up in China is crazy amount of works.
they are spreading a fair amount of misinformation and shedding bad light only on chinese corporations, and also considering that he mentions the now basically abandoned social credit system, makes me feel like he just hasnt done enough research. an easy delve into the chinese communities turns up simple results from not just websites, but the people themselves that disproves or just straight up debunks a lot of his points. though i see where hes coming from, i do not think putting misinformation in between real information is a good idea morally.
@@shiniboros ok propaganda bot, do you think anyone believes you?
WOW SIR VERY DANGEROUS 😠😠 BUT THIS IS WHY IM SO LUCKY LIVE IN SUPER INDIA 🤗🇮🇳 THE CLEANEST COUNTRY IN THE WORLD , WE NEVER DO SCAM AND WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
@@indiasuperclean6969
Paroud to be randian too saar🚽🚽🚽. Bery bery nice cuntry
@@shiniboros the social credit was actually just like fico scores in the us
I started casually watching this fully expecting to click off after a few minutes, over an hour later I’m completely engrossed in the narrative. Absolutely incredible job
Really amazing content. So glad there is stuff like this on RUclips as you were finishing the prologue I thought that was the end of the damn video until I saw it was just beginning. 👏👏
This is a superbly assembled documentary and the editing makes this great fun to watch! ⌚
An hour long video! This is better than Netflix.
I didn't even realize until I saw this comment
Jeez🙆🏼♂️🙆🏼♂️
Imagine still paying for Netfix
Agree 👍
I didn't even look at how long the vid is until I saw this comment. You just made my day😁😁
This is good. Netflix sux.
Okay no seriously.. the editing and effort on this is absolutely stunning. Far better than documentaries on OTT platforms. Amazing work, awesome content.
You mean the editing that's designed like it's a tiktok/youtube short by spamming your screen with cool looking transitions and effects?
POV this is your first year on RUclips and you've never seen a competent content creator 😭
@@jcross1215 youtube viewer discovers editing can be used to draw attention to the points being made
Yep.. he should buy Netflix.. cauz Netflix can't afford soo valuable content.. it's simply the best..
CCP bots in these replies about to meltdown in virtual anger.
wow what an awesome video, man. truly fascinating story telling and a fascinating business story that i learned a lot from as well. congrats, very nice work. onto the next video...
Extremely well researched and invaluable information with excellent presentation. Thank you.
I really appreciate your content. You put a lot of hard work into this and it really shows. You have no idea how helpful this was for me. I will try to recommend this video and your content for others.
Would.
@@surrealresonance3426 lol
@@surrealresonance3426 Priorities, young man.
Schwing!
@@surrealresonance3426 what’s your Ifunny
By far one of your most detailed, intricate, creative, and interesting videos. Ten dollars is not even a sliver of the time, work, and effort that went into making this video but I thought I'd give you something to show my gratitude. This is my first Super Thanks donation and you deserve it.
Thank you.
that’s a scam
@@noah2570lol Just reported it to RUclips, now that scammer is gone in the garbage.
@@noah2570lol what do you mean it’s a scam? Please explain
@@LambdaCreateswho?
@@bubblegumpopcorn6304 There was a scammer somewhere, I just reported him to RUclips, but Noah wasn't the scammer. Got it?
great analysis and documentary! Its so interesting that i ended watching the whole video!
Thanks for the video i love ur long form content keep it up!
I had no idea Tencent owned so many other businesses, I thought they only had the streaming app. It's reach is crazy
Tencent is a Chinese company owned by South African company named naspers, and naspers biggest share holder is the south African government.
@@minyaksayur isn’t prosus(a dutch company) nespers biggest shareholder?
@@abrardaiyan4268 it's the other way around. prosus is part of naspers.
I didn't know they had a streaming app. They own like 80% of the gaming market which is how I know of them.
Tencent doesn't own many other businesses. Tencent doesn't own anything. The Chinese Communist Party owns everything. It's not a blurry line. It's crystal clear to everyone familiar with communism.
They really combined Steve Job’s stealing and Bill Gate’s "Embrace, extend, and extinguish"
They never worked together. That why world is little less distopyan now then in could be.
This is really well made! Very informative
Great video! Your videos are my go-to over the dinner videos.
I just watched the whole thing from start to finish, and the best part is that I didn’t even realise that it was almost 90mins long. You’ve done an incredible job, keep up the great content!
WOW SIR VERY DANGEROUS 😠😠 BUT THIS IS WHY IM SO LUCKY LIVE IN SUPER INDIA 🤗🇮🇳 THE CLEANEST COUNTRY IN THE WORLD , WE NEVER DO SCAM AND WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
Thats the sight of hypnotised and brainwashed.
What did you learn
Um actually it's 80 minutes🤓
Worst part here is YOU are more informative in just this ONE video then all the mainstream news channels combined over the last 3 years.
oh trust thats on purpose. whoever is actually running this shit hole doesnt want you knowing the truth. mainstream media is used to misinform and control the narrative.
Tencent cuts the checks. Don't bite the hand that feeds you. We either let China take over or start WWIII. There are no alternatives.
True
Only real thing on the news is the sports scores.
true but not surprising
bro 1hr 18 min of vid, so much work done in the editing. well done.
This is hands down my favorite youtube channel
The visuals for this are insane! As usual the storyline is great. I could not stop watching it and didn't realise that this video is over an hour long. Prefer this format over random video clips from tv shows or movies. Bravo to everyone involved
Nothing abnormal in china in ytube they also delete accounts ands commebts
dude i got to the 9:44 and thought it was over and then he said "in this video we will be covering" i checked how long this was and my jaw dropped
I appreciate the time and effort that goes behind the research and making of your videos. They are truly educational and entertaining.
Just discovered your channel. Amazing content. THANK YOU!
Governments dont need an app to watch you.
Your phone IS the app.
This is by far and away the most perfectly edited video I have ever seen. What’s even better is that the content is blazing and marries to the editing precisely in virtually every scene. I can only imagine how many hours have gone into the production! You are at the very top of your game here, I see good things for this channel.
As to China they are a better nation than USA they have NO Homeless People- China builds them Free Houses. "MagnatesMedia" This project has consumed my life for the last few months"No you got a Scrip from Arlington, VA C.I.A. This is pure Lies and Fake Hate-against China. You are not fooling anybody- You are a Troll.
its wrong for famous people puting his nose about honkong it is not china interference to other country its other country interfering with china. we-chad do not put a gun in your head to use it in all other countries and also there are competences off we-chad in app gallery. by far the most hypocrite empire of lie by DEFAULT the president its a ashhole lobie puppet z3lessky lvl of clawn, only leader of and c3entraliced countries its the dollar wef us and europe DO NOT REALLY EXIST they are TOOO CORRUPT AND REALLY NEVER EVER GOVERN to make any good to their people.
These comments have to be bots, none of yall have anything interesting to say besides dickriding those guy's vid.
41:20 "I thnk I've said WeChat too many times" 🤣 and the cliip used is another 🤣.
This movie is mental, and I'm only halfway through. You guys are seriously talented, the research, the video production, the narration... man I'm seriously excited to see how this channel evolves. Proper amazing work guys 👍👍
Their penguin looks like that one china backbling on Fortnite ngl
HAHA UR RIGHT
For anyone wondering, Tenctent is now ranked #19 with a market cap of 395.5b.
。。美国股市一飞冲天，，中国股市腰斩，不管你赚多少钱，有没有实力，你必须跌去一半市值，，就是现在的情况，你要相信华尔街的力量。
You've made an amazing movie where you can just sense all the hard work that went into it.
There's great editing, suspense, a steady and balanced flow of info that the public needs to see.
Your effort is appreciated and that should be rewarded, keep doing what you enjoy, cause it's paying off!
Thank you for this amazing information bomb! I definitely learned a lot
This was an epic documentary...such a detailed video. And I loved the tiny kdrama clips you used for the editing 😃
I'm a recording engineer in the US, and like 4 out of 5 jobs come via Tencent in some way. Video game scores, film scores, app music, commercials, ADR, everything you can think of! For the 20+ years I've been doing this, you could usually trace most projects back to Disney, but lately its shifted to Tencent. Can't complain I suppose, they are giving lots of people work! In 10 years or so, when we have all been enslaved by Tencent, hopefully they will look back at the work I've done for them and treat me more like a pet instead of sending me to work in the mines. . .
“We see here that you liked a Winnie the Pooh meme 10 years ago. Although we appreciate your work to grow the Chinese empire it has been decided that you shall work your remaining days, however long that may be, in the work camps.”
LMAO. I know this probably wasn't meant to be a joke, but the last part of this comment cracked me up.
Ha ha ha... 😅
if they bught Disney (which they probably could) they would be one step away from world domination
I just looked up Disney's worth is around 200 billion and Tenscent is .........3.66 trillion..... holy f*ck
This was frankly incredible. I thought the video was over at 9 min but to see more than an hour left was astonishing. This is amazing content
Attention span moment
Same hahahaha
bro 50 minutes felt like 9 minutes
Whats sad is he would have gotten similar views if he did just make it 15 mins long.
Awesome video probably the best thorough content I've ever watched.
I'm turning on notifications that If this channel is banned or anything I'm going to support this channel
Love or hate Tencent, but if there's anything to learn from this video, is that it's absolutely undeniable how corporate ruthlessness and not giving a nickel about any morals or ethics made Tencent become the business titan it is today.
@@nepdisc3722 No, I'm simply willing to view things as they are, rather than viewing them as good or evil just because most people do.
Yeh, morals and such will (regrettably) only take you so far
Tencent...pubg...destroyed my life lmao
Lies again? Change Cars Chubby Children
Corporate ruthlessness? There is no corporations in a totalitarian regime. Just tentacles of the government. Not like US and other countries’ corporations at all.
The world is really run by the same few people. The economy isn't doing us any good. inflation and recession are reaping havoc. Gaining financial security requires forming sound habits, such as setting aside funds on a regular basis for reliable investments. Most people avoid talking about financial management, which will come back to haunt them in the future. What we should be looking for is investing our time and energy in projects and investments that will generate a profit in the future. We have set aside $400k to start tracking bonds and stocks of cash-flowing corporations that are indexed to inflation. While my spouse and I are gradually increasing our long-term holdings in a variety of stocks and ETFs, it wouldn't hurt to be aware of strategies for making quick money as well.
Despite all of these obligations, it is still possible to plan for the recession. If you already have a job, look for another one and hire an investing advisor. You can protect your deposits if you keep enough money in short-term fixed income investments. then decrease your expenditures. cutbacks in utilities and insurance.
On both ends of the spectrum, I have been. I initially did my own investing. Before making a purchase, I conducted my own research and analysis. After the epidemic, things actually got fairly tough, which is when I sought advice from a portfoIio-advisor. It's been more than two years, and in little over 26 months, I've scaled up a stagnating reserve of $280K to $535K.
@@hannahdonald9071 who is this your handler?
@@tampabayrodeo2474 My advisor is Maria Juliana Ramirez. You can easily look her up, she has years of financial market experience
Maria appears to know her stuff; after researching her, I discovered her educational background and qualifications 0n her website. I sent her a message 0utlining my experience and goals; hopefully, she responds soon
this was so informative good work bro
Honestly unsure how I found your channel, but I don’t think I’ve ever spam watched a channel for a week straight😂 thank you for this information
You kind of pointed this out but yeah in the US these social media websites just hand over our messages, location, ect to the gov without second thought. They could force a search warrant from a judge but they don't care for our privacy.
I think we are at a point where there is no expectation of privacy to begin with even.
They can also buy data through third parties to get around direct interaction with the social media company / needing a search warrant
OMG. Nowhere in The Constitution does it say that Americans have a right to privacy. The Supreme Court stated as much when they overturned Roe V. Wade in 2022. Why do Americans still think that a right to privacy exists? It's infuriating
@@johnsonspark171 because unlike other countries, we expect our politicians to work for us, not for them.
Also we remember that without us, they wouldn't exist. Something other countries tend to forget. Tis why you see them jumping through hoops trying to entertain us.
@@johnsonspark171 and the 2nd Amendment with the 4th Amendment.
To prevent a Tyrannical Government and to Prevent Illegal Search and Seizures.
Just finished the video, and ive watched others on the Chinese businesses and people behind them. It's opened my eyes to a new perspective
這個影片有些內容是假的 因為我是中國人
@@hahazhang7794 please tell us more
@@hahazhang7794If your Chinese, then will you admit that your government is killing the Uyghurs in China or that your government is super corrupt and steals tons of classified information from just about every government on the planet and that the Belton road initiative is a bullshit ploy to try to take over the world
You actually closed your eyes to watch those videos that has such an obvious political slant, which is to cause fear among people about everything in China.
@@aoiaoi629 What reason do we have not to fear Chinese monopolies infiltrating and influencing western audiences through media? Did you watch the video? How could you possibly portray a company like Tencent under a positive light lol
next: the secret south african company that owns majority stake in tencent
hats off to your editing and scripting team
i never thought i'd donate to a youtube but man...you got a talent this is brilliantly well done.
He gets paid to make videos from RUclips
@@anthonyfootball80 yeah, a lot of people get paid to make videos, he does it way better than any other content creator, what's you point ?
@@anthonyfootball80 so does almost every youtuber here. And your point is...?
Chad :)
@@anthonyfootball80 wow are you Einstein?? You should get a prize for this comment
your research prowess is outstanding
腾讯看完视频才知道自己原来这么厉害，实际上除了聊天和移动支付，他的其他功能没那么大的用户量。
他靠游戏就能吊打很多公司了
what
腾讯也是世界最大的游戏公司 呵呵
Nice video. I’ve lived in China for over 10 years, was one of the first users of WeChat and much later even worked at Tencent during the crackdown on tech. Your video does a great job shedding light into a complex company - bravo. The cat and mouse between business and government here is fascinating and deserves a lengthy video by itself. One small correction is that when voice messages first came out it was more about converting older users onto the platform who were less literate or had less dexterity. Voice to text thru NLP software came much later. All the best -T
Thank you for vouching for this; can I ask some questions as a curious individual who is looking at visiting china in 10 years? if not, that is also ok!~
SURE you lived in china lmao.
I think the US could be so much worse...
@@mihaelandnate1 You probably won't intend to do that in a few years, I think the situtation in China is getting worse more quickly than ever. In 10 years, I don't know if people can get out.
Edit:That might be a over pessimistic thought, but I feel that I don't want to waste my time arguing with people online anymore.
After seeing the reply of @404T2K, I began to doubt that this guy is pro CCP. After living in this place for too long, it's hard to keep sanity and humanity. Sorry for all these nonsense.
Very good journalism, not just a government fluff piece, but not attacking any personalities either. Absolutely applaudable how you brought up the issues with the Chinese government and the psyche that Chinese people have. It's absolutely a must that everyone knows about the human rights issues, and the active process of covering it. Good details on what was happening overseas at the same time, and the importance of anti-competitive behaviour and it's downsides.
Only gripe I had with this was that it was a bit over-dramatic with the sounds and transitions, but that did increase the quality feel of it.
This excerpt from the text "not just a government fluff piece" and this other excerpt "It's absolutely a must that everyone knows about the human rights issues" follow exactly the manual on how to write a misinformation piece. The truth is that human rights are the last concern of the US government. The primary american goal is to maintain its hegemony over any other country that threatens it.
@@s.v.discussion8665 Firstly, I don't remember asking.
Secondly I'm not from the US so your threats are not directed towards me, but Europe should absolutely be more vary and self-sufficient as well. I wish that people wouldn't be corrupted by money, but they are and thus there are products and services that have so much chinese ownership that it can affect what is tolerated, for example having protection against a certain president while other public figures are allowed to be criticized.
Finally, it pains me when some US citizens are extreme rightists or leftists, and don't realize that they should work towards a common objective; to not feed this nation that is using democratic organizations and freedom speech to drive a non-democratic idea where there is no freedom of speech. Many extremist news outlets twist US into a bad thing, but that's because things are pretty good there, and it's the smaller things where people are making a mountain of a mole hill.
Thank you in advance for a civilized debate.
Well same thing is happening all over the world. On the west corporations make same thing with different faces labeled on with different names but all funnel to the same people in charge doing some digging.
I am not taking sides...
But in the West governments just fool people around with the words Freedom while presenting it that way but in fact it's not freedom at all.
East at least have the dignity to be honest and transparent even with their own people that they have been monitored.
In the west the monitoring from Google etc. is at the same scale as in China - the only difference is they are desperately trying to say otherwise.
Individual personalities are what drives governments and companies. Individual accountability is a necessary condition for change.
@@daissi I agree, but he did also have a point, we are entering a new cold war between China and the U.S, which was going to happen either way as the U.S doesn't like its control of pretty much the entire world stage being threatened.
You kept me intrigued for the whole period. Salute to you and your effort.
So, Tencent has basically discovered an infinite money glitch.
This is some serious 1984 stuff. Everyone needs to read that book.
Wow, I feel like I’m so ignorant about what’s going on in the world outside of the U.S. Thank you for educating me.
Seriously. Most story teller videos tell stuff about the past that are good for conversation but kind of useless information. Not this channel.
And my country is very far from that, despite the common saying. But just to think, that we basicaly reached even more darkness then in original book... And new technology will make them even more powerful, able to predict worlds before they are said, take out the deepest thoughs and analyze them after some usage in matter of seconds. Its already a thing. The next step is puting it to use. I hope its not too late for us at this point.
This is why I try to keep an open mind when it comes to learning stuff, and I like to read and watch stuff from other people's point of view.
yeah,China is a 1984 country,that what they want you to think😆if you have been to China or just talk to a random Chinese ,you will know what the truth is
Wow, what a masterpiece of a video. Cant believe Tencent is so huge yet almost no one in the west talks about how its bigger than most companies here. Amazing
Very interesting documentary. Thank you
Great video , learn a lot from it ! Thank you !
The penguin mom and penguin dad side story is really fucking cute lmao
One thing I thought pretty early into the video (still watching, still in the prologue): With Tencent's intent to be in everything, and WeChat app being able to do everything...
That's seems to be what Zuckerberg wants Metaverse to be, but with VR...
Yes, but since the Technology isnt ready yet, is massive failed.
Thank you! Brilliant Doku to watch. So well made!
What an informational video! Couldn’t skip a second!
The level of editing and storytelling on this channel is unmatched, even with a 1 hour documentary the insane editing continues throughout 🔥
he took months to finish this masterpiece beautifully
The companies create by China like Tiktok , China steals your information and hack into your bank accounts( China uncensored , China in Focus RUclips explain more clearly) . China built scam centers in Cambodia . Kidnap young poor people to work in the scam centers , beating them to death to make the scam calling . China produces Fentanyl to kill young Americans called China soft power.
WOW SIR VERY DANGEROUS 😠😠 BUT THIS IS WHY IM SO LUCKY LIVE IN SUPER INDIA 🤗🇮🇳 THE CLEANEST COUNTRY IN THE WORLD , WE NEVER DO SCAM AND WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗
The anti Hong Kong censorship affected the VA cast of my favorite mobile game (CN made, probably Tencent owned). One tweet and the entire cast was fired bc none were willing to "apologize." It really soured the fan's image of the developer. I miss the voices but I'm so glad they didn't do it.
can you let me know what game is it?
@@kent1686 Mr Love Queens Choice around 2021 i think. It was going on exactly the same time as John Cena's spat so a independent VA having more backbone than a superstar wrestler was awesome to see.
@@kolonarulez5222 thank you
@@kolonarulez5222 its good to know that brave human souls who dont want to deal with absolute evil still exsist.
your video is so valuable, and I really appriciate the enormous effort you put in the video. Thankssssssssssss
As a Chinese I'd say the influence of Tencent and WeChat has been grossly exaggerated in this video
😅如果他们知道里面的党支部 喜剧效果更拉满了
It's just ridiculous to watch.
There are countless anti-ccp groupchats in WeChat. I haven't seen any of them got banned or muted.
This video is just propaganda made to divide people.
The media is like this. The more extreme the views, the more people will see them. In fact, they just create stereotypes.
Yes
Ru from China ?@@wugin6109
Tencent is like a spider having a job as a bartender. Friendly, polite, patient but the anger it has is a cool logical and ruthless one, not like the Hulk, but equally dangerous.
Nice analogy. 👍
@@JeffCaplan313 Thanks!
I'm living in China and all what you have said here is 200% correct, thank you for this masterpiece.
it can't be more than 100% correct.
@@suverenia double correct, checkmate.
@@justiron2999 that might make sense if you are brain damaged.
How are you able to watch this on RUclips in China?
He's locked up now
Such a good prologue I thought the video was gonna be over
I initially thought this video was about a Chinese rapper that was only 20% as good as our own fifty cent 😂
I'm an employee of Huawei from an Latin America country, and i can tell that the Chinese are actually looking forward to dominate every country and every market, they are involved in sooo much things that you can imagine. Even they make a lot of deals with the States of every country (at least in South America).
the different is U.S use war to dominate every country and market😆
Thats the goal of every company
US dominate almost everything as well.. even the fast food in our lives
Yes I'm Chinese and I do want to dominate people. But at least we dominate through peace and cooperation compared to USA using war and bombs 😂
@@chuifongtam4703 passive aggression is not peaceful. Forcefully claiming other countries is not peaceful. Creating an island in the middle of the ocean for a military base is not peaceful.....
The rest of the world sees China as a manipulative, aggressive child that has tantrums.
Your comment is void.
This is honestly one of the most interesting documentaries that i have actually watched till the end. The way that you distribute information slowly, carefully and to make sure that we understand everything is amazing. Kepp making more videos like these, you're amazing dude.
I like the story-telling. The subtle ominous sounds and script are very engaging. Its good background noise while I work on my own projects.
I can’t stress enough of how I enjoy this channel.
I swear this wasn't an easy video to make - it must have taken you hours and hours and days to make and it's the first video I have ever watched from start to end - thank you so much
4 months.
@@dbptwg ?
You are criminally underrated. I fail to understand why your videos don't get millions of views, despite the astonishing quality. Never stop doing these dude
It’s almost at a mil
@sleepr 6969 yes it is considering how much work is put into it, editing a 1 hour long video with perfect documentary and research While keeping it interesting to watch is 100% NOT an easy job, most channels with multiple times the amount of subs and views dont even put half the effort this channel does.
Because RUclips censors & honestly I'm surprised this channel is as big as it is being how this video has information of what's beginning to happen in the US & goes against supporting Communism.
@Slick rick Are u saying?
U bad boi?
@@hdotfx yea other channels dont put as much effort as this guy but they put in more than half so just stop
I thought that the video is ending, but that was just prologue lmao GREAT WORK!!!
thanks for uploading such an informative video
as someone who edits once in a while I can tell you video took months if not atleast a year to make, brilliant work