In fact.

Although Weixin's short video business cannot be called a failure, it is far from a success.

In terms of user usage time, it is indeed slowly improving, causing some users to abandon Moyin and instead watch short videos on Weixin.

But the problem is——

Weixin's short video business is more like a re-division of Weixin's internal traffic pool. It has not brought more new traffic to Weixin from the outside, nor has it really shaken Moyin's status.

So it seems a bit tasteless.

On the contrary, it makes Weixin become bloated. If Weixin APP alone is not cleaned frequently, the memory will occupy more than ten gigabytes, which greatly damages the user experience.

This is not allowed by Zhang Shuo.

Back to business.

With the major update of Weixin version 8.0 and the launch of mini programs, Weixin's position as the number one in the mobile social field has been basically consolidated.

Whether it is daily active users or user usage time, both are slightly behind ICQ.

Wechat is even more incomparable.

Those with foresight have already had a vague premonition that after Weixin surpasses ICQ, the gap between the two will only widen in the future, instead of shortening.

Because in fact.

After the number of users exceeded the 500 million mark, Weixin itself has established a huge social network based on acquaintances, which is not inferior to ICQ in the slightest.

future.

The bloated and old ICQ will only be abandoned by more and more young people.

This is very scary.

Then, not surprisingly, Tenda's stock price experienced an extremely rare three consecutive declines.

Another dive!!!

This chapter is not over yet, please click on the next page to continue reading! Investors had just built a little confidence in Tenda, but they were destroyed by Tenda's Waterloo in the social field and pushed into the abyss of disappointment.

To know.

Although the game business is Tenda's revenue pillar, social business is Tenda's key point. All Tenda's businesses are built around ICQ.

Once the future of ICQ becomes unclear and there is a risk of being replaced, it will be tantamount to a magnitude 8 earthquake.

It is bound to shake the foundation of Tengda.

Tenda's major entertainment, payment, Internet finance, platforms, local life services, and even gaming businesses will be affected by this.

The consequences can be imagined.

"Tengda's huge super business empire was built on the foundation of ICQ. Once the foundation is not strong, it will be shaken and abandoned by the times. It is only a matter of time."

Some investment institutions commented this way.

Although this is shocking, it is not without precedent. For example, the super giant Nokia fell on the eve of the popularization of smartphones.

"When the times abandon you, they won't even say hello in advance."

And obviously.

In the eyes of investors, Tengda, which has been completely suppressed by Germination, has a very worrying future prospect.

Unless they can come up with another big killer weapon.

Otherwise, even if "a skinny camel is bigger than a horse", with Tengda's huge size, it may be able to continue to exist for ten, twenty years, or even longer.

But it is bound to be impossible to regain the glory of the past, let alone go to the next level.

Not only have investors lost confidence in Tenda, but even the three major rating agencies have beaten the dog in the water and lowered their credit ratings for Tenda.

The means cannot be said to be unreasonable.

As a result, due to the accumulation of multiple negative information, Tenda's stock price fell by a full 10.5% that day.

Set a record for Tenda’s largest single-day decline!

At the same time, the stock prices of some companies related to Tenda or invested by Tenda have also fallen, triggering a wave of small-scale stock market panic.

This day.
Chapter completed!