Home Categories Biographical memories Fierce Penguins: Ma Huateng's Chinese Kung Fu

Chapter 65 Shuangxiong Club

In July 2006, Tencent CEO Ma Huateng attended Baidu's highest-level annual event "Baidu World" with a high profile, and had a live dialogue with Baidu CEO Robin Li.In the eyes of the outside world, this is the highest level of friendship between the two giants. In the global Alexa website ranking, there are only two Chinese websites in the top ten, Baidu ranked seventh, and Tencent ranked ninth.Ranked first and second on Chinese websites.One is Baidu, which occupies 60% of China's search engine market, and the other is Tencent, which has 70% of China's instant messaging market share.

People in the industry once described Baidu and Tencent like this: Baidu is a spear, because of the super penetrating power of search, it can directly hit the target in the ocean of network information, and it is pervasive; Tencent is a shield, because the community condensed by IM has never been outsiders. Power has conquered, but on the contrary, it can easily enter other people's territory, and it is invincible.
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