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Crisis Under Prosperity-- Analysis of Innovation in China
Tencent alleges itself to be international, most of its services and products are used in China
only. Because of the government’s policy, Tencent mainly focuses on China’s domestic
market instead of the international market. Also, fearing that privacy may be infringed by the
Chinese government, most non-Chinese users refuse to use Tencent’s products. In this case,
even though Tencent has become a global titan in e-commerce, mobile payments, and social
media, Tencent is still stuck in its domestic market.
(Figure 2. Tencent Holdings Limited; July 2018)
(Figure 3. Tencent’s income proportion)
In contrast to Tencent, Expeditors is a global logistics and freight forwarding
company, which target its markets in not only China but also elsewhere throughout the world.
As a multinational corporation, Expeditors has employees with multiple races, while Tencent
is mainly composed of Chinese. Even though its industry is considered to be relatively
traditional, Expeditors successfully keeps its leading dominance through innovative
strategies, such as cloud service, customization, and even artificial intellect solutions. Aside
from innovation and the enterprise spirit, another leading contributor to the brilliant
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