r*****e
发帖数: 7853 | 1 SAN FRANCISCO/HONG KONG (Reuters) - Chinese internet giant Tencent Holdings
Ltd said on Thursday it could help Snapchat owner Snap Inc publish video
games and improve ad sales after acquiring a 12 percent stake in the U.S.
social media network.
Snap's disclosure in a U.S. regulatory filing that Tencent had recently
bought 145.8 million of its shares on the open market set off a wave of
speculation among investors about the relationship between the firms.
Shares in Snap closed at $12.91 on Wednesday, down 14.6 percent, as
investors pummeled the company for slow user growth and treated Tencent'
s move as an investment rather than the precursor to an acquisition.
Tencent's shares do not have voting power and it will not have a board
seat, but the two companies broadly believe in cooperation that goes beyond
passive investing, according to Snap's filing on Wednesday. Tencent on
Thursday described a potentially close relationship.
"The investment enables Tencent to explore cooperation opportunities
with the company on mobile games publishing and newsfeed as well as to share
its financial returns from the growth of its businesses and monetization in
the future," it said in an emailed statement. It also referred to the
potential for "newsfeed ads".
Games and a newsfeed have not been a part of Snapchat, although the company
on Tuesday said it was planning a redesign.
Analysts say Tencent, the world's largest gaming company by revenue, has
benefited from its social media apps for the phenomenal popularity of its
smartphone games such as Honour of Kings, and will need the help of local
social networks in promoting its games in overseas markets.
The Snapchat app, though, is banned in China, where non-Chinese social media
networks are generally restricted, although some videos originating in
China were visible on the network on Wednesday presumably because of
technological workarounds.
U.S. investment analysts said they did not expect a change in that regard.
It is unlikely that Snap "would ever be allowed to establish a foothold
in China even if their relationship with Tencent were deeper," Brian
Wieser, senior analyst at Pivotal Research Group in New York, said in a
report to clients.
The companies operate on different scales. Tencent's holdings include
messaging apps QQ and WeChat, both ubiquitous in China, and its market
capitalization of $469 billion is among the largest in the world. Snap's
is $15 billion.
While Snapchat focuses on sharing pictures and video between friends, WeChat
offers payment processing and more. Tencent said that it expected Snapchat
to continue to grow, particularly in "affluent Western markets" such
as the United States and Europe.
"The China market is in some ways more advanced in social media and
messaging than the U.S. is," said Rebecca Fannin, founder of Silicon
Dragon, a website that writes about China and California's Silicon
Valley.
"Tencent might have teams come in and work with them," Fannin said.
Snap declined to comment beyond a filing in which it said the California
company was inspired by Tencent's creativity and entrepreneurial spirit
and grateful to continue a productive relationship.
Snap has an office in Shenzhen, China, where Tencent has its headquarters,
to assist in the manufacture of Spectacles, Snap's sunglasses that have
a built-in camera.
Tencent has aspirations to assume a global role in technology and may be
buying shares with that strategy in mind, said Lindsay Conner, a Los Angeles
lawyer who has represented Chinese companies in the United States.
"They often invest in companies to have a seat at the table, to
understand businesses better, to see where the leading edge is between
technology and content, and to have an insight into technology they should
adopt or license," he said.
Tencent first became an investor in Snap in 2013. The total size of its
investment has not been disclosed. Although Snap's shares began to trade
publicly in March in the hottest debut of a U.S. tech stock in years,
results since then have sent Snap shares down below its IPO price of $17.
(Reporting by David Ingram in San Francisco and Sijia Jiang in Hong Kong;
Additional reporting by Sheila Dang in New York; Editing by Peter Henderson
and Edwina Gibbs) | G**Y
发帖数: 33224 | 2 外行的我觉得靠谱，
出于各种原因，
wechat在西方世界肯定火不起来。
复制一个小弟，应该更有前途，就是不知道怎么参与管理，合法分赃，然后还不让中共
/美帝请喝茶。
Holdings
【在 r*****e 的大作中提到】
: SAN FRANCISCO/HONG KONG (Reuters) - Chinese internet giant Tencent Holdings
: Ltd said on Thursday it could help Snapchat owner Snap Inc publish video
: games and improve ad sales after acquiring a 12 percent stake in the U.S.
: social media network.
: Snap's disclosure in a U.S. regulatory filing that Tencent had recently
: bought 145.8 million of its shares on the open market set off a wave of
: speculation among investors about the relationship between the firms.
: Shares in Snap closed at $12.91 on Wednesday, down 14.6 percent, as
: investors pummeled the company for slow user growth and treated Tencent'
: s move as an investment rather than the precursor to an acquisition.
| c******g
发帖数: 1611 | 3 看了细节只能算尝试性的。辅助一些合作为主要目的。
Holdings
【在 r*****e 的大作中提到】
: SAN FRANCISCO/HONG KONG (Reuters) - Chinese internet giant Tencent Holdings
: Ltd said on Thursday it could help Snapchat owner Snap Inc publish video
: games and improve ad sales after acquiring a 12 percent stake in the U.S.
: social media network.
: Snap's disclosure in a U.S. regulatory filing that Tencent had recently
: bought 145.8 million of its shares on the open market set off a wave of
: speculation among investors about the relationship between the firms.
: Shares in Snap closed at $12.91 on Wednesday, down 14.6 percent, as
: investors pummeled the company for slow user growth and treated Tencent'
: s move as an investment rather than the precursor to an acquisition.
| c**t
发帖数: 9197 | | b**l
发帖数: 170 | 5 有非常不看好的。
Snap Inc Is the First Wrinkle in the Silicon Valley Bubble
Snap's failures could bring tech valuations down to Earth
详见
https://investorplace.com/2017/11/snap-stock-the-second-dot-com-bubble/#.
WgSQxFtSy00
Holdings
【在 r*****e 的大作中提到】
: SAN FRANCISCO/HONG KONG (Reuters) - Chinese internet giant Tencent Holdings
: Ltd said on Thursday it could help Snapchat owner Snap Inc publish video
: games and improve ad sales after acquiring a 12 percent stake in the U.S.
: social media network.
: Snap's disclosure in a U.S. regulatory filing that Tencent had recently
: bought 145.8 million of its shares on the open market set off a wave of
: speculation among investors about the relationship between the firms.
: Shares in Snap closed at $12.91 on Wednesday, down 14.6 percent, as
: investors pummeled the company for slow user growth and treated Tencent'
: s move as an investment rather than the precursor to an acquisition.
|
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