influence empire: the story of tencent and china's tech ambition

influence empire: the story of tencent and china's tech ambition

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Influence Empire: The Story of Tencent and China's Tech Ambition

**A deep dive into the rise of Tencent, one of the world's most influential tech giants and its intricate relationship with the Chinese government.**

An Unstoppable Force: Tencent's Journey to Global Dominance

This book, **shortlisted for the Financial Times Business Book 2022, a Times Business Book of the Year 2022, and a New York Times Best Business Book 2022**, offers an unparalleled look at the meteoric rise of Tencent, a company that has shaken the global tech landscape.

In 2017, Tencent surpassed Facebook to become the world's fifth largest company, a monumental feat that signaled the dawn of a new era in global tech. While the West fixated on Silicon Valley giants, Tencent's dominance in China, with over two billion users, was a clear indication of a burgeoning power shift.

The Enigma of Pony Ma and the Power of WeChat

Led by the enigmatic billionaire Pony Ma, Tencent's journey began with a simple text-message service. However, the company's ambition extended far beyond messaging. They invested in and created some of China's most iconic games, ultimately giving birth to WeChat, the super-app that seamlessly integrates messaging, shopping, and entertainment, becoming a central part of daily life for millions.

Through strategic investments in global names like Fortnite, Tesla, and countless startups, Tencent has built an unparalleled empire of influence.

A Chronicle of Innovation and Conflict

**Influence Empire** delves into the intricate details of Tencent's journey, unveiling the key battles fought with rivals like Didi, Meituan, and Alibaba. It examines the critical junctures that shaped Tencent's rise and provides insights into the unique challenges and opportunities facing entrepreneurs in the Chinese market.

**Lulu Yilun Chen's** meticulously researched narrative, filled with insider interviews and exclusive details, paints a vivid picture of Tencent's journey, providing readers with a unique perspective on the company's triumphs and struggles.

Critical Acclaim and a Must-Read for Tech Enthusiasts

**Influence Empire** has garnered critical acclaim from leading publications and industry experts:

* **"A fascinating study of the tech giant and its symbiotic relationship with the Chinese government."** - Guardian

* **"Vital... More than a corporate hagiography, Ms. Chen's book offers insight into the company via executive interviews and exclusive details."** - New York Times

* **"Influence Empire by Lulu Yilun Chen is so much more than the long-awaited story of Tencent and its vital everything app, WeChat, the messaging tool used by 1.3 billion people. It's also the sobering account of an entire generation of high-flying Chinese tech entrepreneurs, whose wings were clipped by the omnipotent hand of their own government."** - Brad Stone, author of Amazon Unbound and The Everything Store

* **"There's so much fascinating detail here."** - The Times

* **"Lulu Yilun Chen has written a sharply informed, smart and compelling account of the rise of some of the most powerful companies in China, which also stand among the biggest and richest tech giants in the world. Despite their enormous size and power, few outside of China know of or understand these companies. Now, thanks to Influence Empire: Inside the Story of Tencent and China's Tech Ambition, that will finally change."** - Howard French, former NY Times Shanghai bureau chief and author of Everything Under the Heavens: How the Past Helps Shape China's Push for Global Power

* **"A book that tells Tencent's story has been long overdue, and Lulu Chen's account is not only comprehensive, but also a gripping business narrative. The globally influential company finally has the account it deserves."** - David Barboza, The Wire

**Influence Empire: The Story of Tencent and China's Tech Ambition** is a must-read for anyone interested in the future of technology, the complex landscape of global business, and the rise of China as a tech superpower.

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