Tencent Launches 1 Billion Red Packet to Help Millions of Entrepreneurs

On October 12th, 2016, the National Week of Public Entrepreneurship and Innovation (“Shuangchuang Zhou”), the theme of “Developing a New Economy and Cultivating New Motivation”, kicked off in Shenzhen Bay Venture Plaza. Premier Li Keqiang attended the "Double Creation Week" event and came to visit the various theme exhibitions.

Accompanied by Mr. Ma Huateng, Chairman and Chief Executive Officer of Tencent Corporation, and Hou Xiaonan, Vice President of Mobile Internet Business Group, Premier Li Keqiang visited the Tencent exhibition area and heard a report from Ma Huateng. Finally, it was also invited to click on the touch screen to "red envelope" the entrepreneur. Then the big screen continued to show that someone successfully received 1,000 yuan. There are a total of 1 million red envelopes, which can be used to purchase trademark registrations, social insurance payments, and other corporate services on Tencent's startup service platform to help support entrepreneurial innovation.

Photo: Premier Li Keqiang (third from left) visits Tencent Pavilion accompanied by Ma Huateng (left one) and Hou Xiaonan (second left)

The red envelope issued by the Prime Minister can be obtained from the Tencent Venture Service Platform website and Tencent Venture Service Platform public number. This is not the first time that Tencent's entrepreneurial service platform has paid out bonuses for entrepreneurs. At the Tencent Venture Festival, Tencent's entrepreneurial service platform launched its first entrepreneurial red envelope, which sent 800 million red envelopes to entrepreneurs and attracted 1.31 million entrepreneurs. The participation of the participants achieved a total score of 100 million yuan for the order.

Photo: Premier Li Keqiang “turns red envelopes” for entrepreneurs through Tencent's startup service platform

At present, Tencent's entrepreneurial service platform is a collection of industry-leading service providers and can provide more than 1200 corporate services in 11 categories based on the basic fields of industry and commerce, law, finance, taxation, human resources, R&D, marketing, and administration. Cover entrepreneurs from the creative to the project's various stages of entrepreneurship, refinement, one-stop solution to the multiple needs of entrepreneurs, to take care of the full growth of entrepreneurs. In addition, in order to guarantee the service quality on the platform, the third-party service providers that enter Tencent's entrepreneurial service platform are all from the industry leaders, and can enter through strict screening and evaluation. The platform is also equipped with a "preemptive payment" mechanism to guarantee the services provided by service providers and truly allow entrepreneurs to use their confidence. In the future, Tencent's entrepreneurial service platform will strive to consolidate Tencent's various capabilities and provide entrepreneurs with diversified support.

At Tencent's 2016 Global Partner Conference, Tencent proposed six open ecosystems to fully support the growth of entrepreneurs. In addition to the on-line platform for syndicating Tencent’s entrepreneurial service platform, Tencent’s creation space to provide entrepreneurs with an offline physical office environment, Tencent’s resources to build a “double-hundred plan” venture capital platform, and the company’s founding growth of the Green Ventures Camp; radiate the world, is committed to creating a new star Tencent Internet + entrepreneurial competition and all-round innovation embraces the integration of open resources integration platform.

Since the opening of Tencent for five years, it has undergone three evolutions, from the opening of traffic to the opening of capabilities, to the opening of the ecosystem. The continuous opening up of entrepreneurial ecology has enabled Tencent to achieve impressive results. As of now, Tencent Open Platform has 6 million registered developers, achieving developer revenues of more than 16 billion, and has achieved 30 listed companies and pulled 20 million jobs.  

In the future, for a wider range of entrepreneurs, Tencent has three development ideas for entrepreneurial services. The first is cross-border. With the penetration of Internet+ concepts into various industries, Tencent’s service ideas for space creation began. Extend to more industries. The second is transnational. Tencent radiates the global entrepreneurial competition to stimulate the enthusiasm of global entrepreneurs. Chinese and foreign entrepreneurs hope to have more opportunities for communication. Tencent will launch offline offline space in the United States, South Korea, Singapore, and Israel. , Become a "connector" for entrepreneurs at home and abroad. The third is the exploration of opening new technologies. The technology Tencent accumulated in the past has been widely used in its own products. Tencent will open its own VR platform with the maturity of VR and AR technology.


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