Tencent Singapore’s Post

Zhang Yiming, the 41-year-old founder of ByteDance, has become China’s richest person, with a personal wealth of $49.3 billion, according to the latest Hurun China Rich List. This makes Zhang the 18th person to hold this title since the list’s inception 26 years ago. Zhang surpassed Zhong Shanshan, the bottled water tycoon, whose wealth declined by 24% to $47.9 billion, placing him second. Despite facing a legal battle over its assets in the U.S., ByteDance saw a 30% increase in global revenue last year, reaching $110 billion. This growth significantly boosted Zhang’s fortune. Tencent’s founder, Pony Ma, secured the third spot, while Colin Huang of PDD Holdings dropped to fourth, even as his e-commerce platform continued to report strong revenue. The number of billionaires on the rich list fell by 142, bringing the total down to 753, a significant drop from its 2021 peak. For more updates follow @gazettenowofficial or visit www.gazettenow.com #zhangyiming #tiktok #china #gazettenow #trendingnow

K-Impact: How Korea is Revitalizing Communities and What We Can Learn From It 🤟 🌎 Imagine a forgotten space, one that’s underutilized, dilapidated and disconnected from its surroundings. Now, picture that same space brimming with life, creativity and community. A place where people from all walks of life come together to create something meaningful. This was the core of the sharing session I recently attended, led by Chung Hoon Jeon, President of K-Impact. Mr Hoon shared remarkable stories of how they turned underused areas in Korea into vibrant community hubs, simply by 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗻𝗴 𝗽𝗲𝗼𝗽𝗹𝗲, 𝗶𝗱𝗲𝗮𝘀 𝗮𝗻𝗱 𝘀𝗽𝗮𝗰𝗲𝘀. From collaborating with local artists to creating community-based games, they achieved remarkable change through a 𝗯𝗼𝘁𝘁𝗼𝗺-𝘂𝗽 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵 that involved local residents, artists and even government collaboration. What resonated with me the most was the focus on 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲, 𝗶𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 and how even the smallest actions can spark significant transformations. 🌱 The key takeaway? It’s about starting with people, fostering 𝗮𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗼𝗻𝘀 and making 𝘀𝗼𝗰𝗶𝗮𝗹 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 part of the community's fabric. These lessons are especially relevant to us in Malaysia as we look towards creating spaces that serve and empower our communities. Looking forward to exploring how we can integrate such impactful principles into our own work. Photo: The book "슬기로운 뉴 로컬생활" (translated as "Smart New Local Life") is a collection of stories of people who moved to rural or less urbanized areas to start new lives. The book showcases how these "local creators" are revitalizing communities, overcoming challenges and building sustainable lifestyles in unique environments. #CommunityRevitalisation #SocialInnovation #SustainableDevelopment #CulturalExchange #Korea #Placemaking #UrbanDevelopment

#IndustryNews 📰 [Tencent and NetEase Reassess Japan Investments as China Market Revives] 💬 Huqiao's CRO, John Kavvouras: "The fact the two largest Chinese gaming companies are both looking to re-allocate their planned investments back into China speaks volumes about the direction of the video game industry. Talk is cheap, always follow the money." Chinese gaming powerhouses #Tencent and #NetEase are scaling back investments in #Japanese studios after yielding a few blockbuster games. With the Chinese market seeing a revival, notably with the success of Black Myth: Wukong, both companies are rethinking their #global strategies. ⭐️ Key Highlights: > Tencent and NetEase are reassessing their investments in Japanese gaming studios due to limited success. > NetEase plans to close its #Ouka studio in Tokyo, having already cut most jobs there. > Chinese Market Revival: The success of Black Myth: Wukong has shifted focus back to #domestic opportunities. > Global Strategy: Despite setbacks in Japan, Tencent and NetEase continue to invest globally, with Tencent expanding its reach to #Europe. 🔗 Full Article: https://lnkd.in/eEWxUwRy Stay ahead of the curve! Subscribe to our monthly #newsletter for the latest updates, market trends, and opportunities in the global gaming industry. ✅ Subscribe now: https://lnkd.in/eTcxjFHF #IndustryNews #GameNews #ChinaGaming #China #Japan #Investment 

🔴 Not just a phenomenon in China, Xiaohongshu has emerged as a favorite #SocialMedia among young Chinese users globally. From international students to expatriates to second-generation migrants, young Chinese communities worldwide actively use Xiaohongshu, creating a vast and connected user base for #brands to tap into. 🌐 As Xiaohongshu keeps growing, it offers an unparalleled #opportunity for brands to connect with young Chinese consumers worldwide. 👇🏼 Discover #Xiaohongshu's global reach --- 𝗩𝗮𝗹𝘂𝗲 𝗖𝗵𝗶𝗻𝗮 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗴𝗹𝗼𝗯𝗮𝗹 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 𝗼𝗳 𝗫𝗶𝗮𝗼𝗵𝗼𝗻𝗴𝘀𝗵𝘂 𝗶𝗻 𝗘𝘂𝗿𝗼𝗽𝗲.  🔔 Follow us for the latest updates on Xiaohongshu.

🌐 Exciting News for Brands Targeting Overseas Chinese Markets! 🌐 小红书 (Little Red Book) now boasts over 10 million users abroad, presenting a golden opportunity for brands aiming to connect with affluent Chinese consumers living overseas. This platform is uniquely positioned to help you reach these high-spending audiences effectively through targeted local marketing. 📊 Key Audience Insights: Global Impact: Xiaohongshu users represent one-fifth of the overseas Chinese community, showcasing our substantial reach across continents. Italy: Over 160,000 users, representing more than 50% of the Chinese population residing in Italy. France: 120,000 users, accounting for over 40% of the Chinese community in France. United Kingdom: 320,000 users, making up more than 40% of the Chinese nationals in the UK. ✨ Why Choose Xiaohongshu? ✨ Exclusive Overseas Targeted Advertising: 小红书 is the only Chinese social media platform that offers targeted advertising specifically for the overseas market. Whether you're in travel, retail, local services, hospitality, dining, or shopping, the platform can help you pinpoint your marketing efforts. Customizable Marketing Solutions: Leverage Xiaohongshu's feed ads, country-specific splash screen ads, and other innovative advertising methods to craft tailored marketing strategies that resonate with your audience. 🚀 Dive into targeted local marketing like never before and watch your brand thrive across borders. Interested in exploring what Xiaohongshu can do for your brand? Contact us today to learn more about our advertising solutions and how we can help expand your reach and influence in the overseas market. #Xiaohongshu #SocialMediaMarketing #OverseasMarketing #DigitalAdvertising #BrandGrowth

Transfong Acceleration (Singapore-China) 2024 is an entrepreneur-focused program that has garnered support from the NTU Entrepreneurship Academy. The program presents a unique opportunity for entrepreneurs who aspire to expand their businesses. It is a two-phase journey that amalgamates Singapore's strategic insights with direct market access in China. The program promises invaluable insights, dynamic market exposure, and expedited access to Chinese markets, leveraging Singapore's strategic location as a launchpad. Participating in this program will allow entrepreneurs to fast-track their access to Chinese markets and expand their businesses. To register for the program, please click the link below. https://lnkd.in/gXifa7Wp hashtag #NTUsg #NTUpreneur #MarketAccess 

ADB A Review of Digital Creative Industries in Asia: Opportunities and Policies to Foster Growth and Create High-Quality Jobs [8 October 2024] https://lnkd.in/gwdGEJtP or https://lnkd.in/gk2NDXXW Asia’s creative industries are benefiting from rapid digitalization and need countries to plug skills gaps, boost access to financing, and step up data infrastructure to ensure they can create jobs and support socioeconomic growth, this report shows. A collaboration between ADB and Netflix, it focuses on movies, music, and gaming in India, Indonesia, Thailand, and Viet Nam. Assessing the potential of artificial intelligence, the private sector, and investment challenges, the report looks at ways countries can use incentives, supportive regulation, and better funding options to foster their creative industries and become attractive offshoring destinations.

🌏 Exploring New Horizons in Social Media With recent global shifts, we’ve seen many users exploring vibrant platforms like Xiaohongshu (rednote) and Douyin in China. To all the global users discovering these dynamic communities: Welcome to a new social media adventure in China ! At Gaojun's Global Hub, I create a space for meaningful connections, cross-cultural exchange, and collaboration. Whether you’re interested in trade, technology, or simply engaging conversations, this is the place to grow together. 💬 Let’s chat and build meaningful relationships in this interconnected digital world. Follow me to join the conversation! #TikTok Refugees#TikTok Ban #From TikTok to Douyin#citywalk#learn Chinese#travel in China

✔ Exciting Trends in Asian Entertainment: Growth and Prospects ✔ Are you ready to explore the vibrant world of Asian entertainment? 🌏🎥 Join me as we delve into the fascinating trends shaping the industry and the promising prospects that lie ahead. 🚀 Asia has always been known for its rich cultural heritage and captivating storytelling traditions. In recent years, the region's entertainment industry has experienced remarkable growth and garnered global attention. From gripping dramas and blockbuster films to addictive K-pop and mesmerizing anime, Asian entertainment has taken the world by storm. ➡ So, what are the key trends driving this booming industry? 1️⃣ Content Localization: Asian entertainment goes global through streaming platforms, captivating viewers worldwide. 2️⃣ Embracing Diversity: Asian entertainment showcases diverse stories, fostering representation and empowerment. 3️⃣ Technological Advancements: Technology enhances viewer engagement with advanced effects and interactive experiences. 4️⃣ Global Collaborations: Cross-cultural partnerships create remarkable productions that blend cultures and captivate global audiences. 5️⃣ Rise of Fan Culture: Dedicated fan communities on social media drive popularity and offer marketing opportunities. These trends shape the future of Asian entertainment, promising innovation and global reach. Join AsianNet in celebrating the vibrant world of Asian and creativity. 📞 Connect with us to stay updated on the latest developments, industry insights, and upcoming projects in the world of Asian entertainment. #AsianEntertainment #Trends #Diversity #Technology #Collaboration #FanCulture #AsianNet

#TikTok exodus ➡️ #Xiaohongshu 📱 ‘’The migration of American 🇺🇸 “TikTok refugees” to another Chinese app, 🇨🇳 Xiaohongshu (Red Note), is unlikely to revive meaningful citizen-level exchanges between the US and China. Instead, it risks becoming a one-sided narrative tool, shaped by China’s carefully curated self-portrayal.’’ ✍️ Kara Němečková KEY TAKEAWAYS: 📱The fleeting interactions between Americans and Chinese on Xiaohongshu note are likely to remain a passing internet moment, with little impact on breaking barriers. 📱Instead of fostering a mutually enriching cultural exchange, the interactions on Xiaohongshu seem to be tipping heavily in favor of China providing an opportunity for an organic charm offensive. 📱Xiaohongshu’s momentum reflects a more general trend of growing Chinese digital soft power projection. Is anyone already using Xiaohongshu? 🔗✨ If you found this article interesting, you can read more on our website: https://lnkd.in/eCy7dtWJ