“We shore up the main capabilities of automobile manufacturers”

Why is the automotive market attractive to Tencent?

Cham Zhong: The automotive industry is one of the most important efforts of Tencent to embrace the industrial internet. China boasts the world’s greatest potential for car consumption, not to mention the high acceptance rate and demand for intelligent products among Chinese consumers. According to a McKinsey survey, 69 per cent of Chinese consumers would like to change their car into an intelligently connected car. Automotive…

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