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Cannes Lions Content Feature

'Appy New Year: Taking Chinese tradition to the mobile masses with a digital red envelope

Understanding the mobile phone's power let Tencent rocket to the stratosphere of digital tech in the country. Senior Executive Vice President of Tencent and President of its Online Media Group, SY Lau, spoke about the importance of the human face behind the device at a Cannes Lions seminar on Sunday...

SY Lau, the first Chinese company executive to be named Cannes Lions Media Person of the Year, was awarded for his vision and leadership in transforming Tencent Online, reports PRWeb.

Little wonder his name keeps making headlines as when Lau gave context to the situation right now in China, he showed they're working at breakneck speed to take digital technology to places it has never been before.

'Appy New Year: Taking Chinese tradition to the mobile masses with a digital red envelope

Many ask him about Tencent's key to success, to which Lau's response is that they truly understand the power of the mobile phone.

So much so that nine out of ten internet users in China are hooked on mobile. This was most evident to the Tencent team when they introduced the digital red envelope. To any person in China or of Chinese heritage, this is a well-known Chinese New Year tradition that has been carried out for ages, with the physical envelope usually containing money.

By bringing this to mobile phones, Tencent shared the tradition by distributing 1.1 billion red envelopes when they first introduced it.

So, while the red envelope will always be a goodwill gesture, the delivery mechanism has changed drastically thanks to technology - so much so that a 'red envelope app war' developed with fellow Chinese ecommerce group Alibaba, but Tencent walked away victorious:

And there's more to come, as Lau says Tencent believes at their core that connectivity will improve lives. Their mission, in fact, is to build connectivity in China, with the internet as the new mode of infrastucture.

There is even a national government strategy in the country to spend $6.4bn on Internet Plus, which will provide connectivity for all.

But it's not all digital, as Tencent believes strongly that there has to be a human face behind technology/development and that ultimately, it must improve people lives.

Certainly seems the sky's the limit if that human interface remains in the background of the digital development, as under Lau's leadership, Tencent Online Media Group has evolved from a single internet portal into a highly integrated media matrix with a pre-eminent position in China.

About Ann Nurock

Ann is a Partner at Relationship Audits and Management, a global consultancy that measures and optimizes client /agency relationships. Her proprietary Radar tool is used by 30 corporates globally and as a result she interacts with over 80 agencies of all disciplines. Ann spent 25 years plus in the advertising industry as CEO of Grey Advertising South Africa, and head of the Africa region followed by President and CEO of Grey Canada. Contact details: moc.stiduapihsnoitaler@kcorun.nna | Twitter @Annnurock
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