Tencent's Brilliance
Tencent has been doing QQ and WeChat for decades, and used to be the leader in social networking. Previously, when chatting online, we used to use QQ. Now everyone uses WeChat, WeChat Pay, WeChat Moments, and we can't live without WeChat.
The rise of ByteDance
ByteDance has made Tiktok. In the past, everyone watched videos on Youku and Tencent. Now everyone brushes Tiktok for hours. Tiktok is so addictive that everyone doesn't watch TV any more and brushes Tiktok.
Why can't we fight
Because of the content. Tencent is a social app used for chatting. We use WeChat to chat, but we go to Tiktok to read the content. In the past, we used to watch articles on official account, but now we have short videos. Short videos are much more interesting than pictures and texts, so the Tiktok made by ByteDance steals Tencent's user time.
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