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through strategic collaboration with our partners and the development of open platforms.
These partnerships foster the development of cutting-edge technologies, including cloud computing, big data, and artificial intelligence (AI).
Individuals, businesses and entire industries across all sectors of our economy are already realizing the benefits of Tencent’s Open Ecosystem, which is helping millions of entrepreneurs and their employees establish new businesses and create new jobs.
The valuation of these ventures significantly exceeds 100 billion yuan (over US$14.5 billion).
Another of Tencent’s objectives is to use technology to accelerate the development of the public good, part of its goal to become the world’s “most respected internet enterprise”.
In 2007, Tencent launched the Tencent Foundation, the first charitable foundation by an internet enterprise in China. The foundation is devoted to creating a system that empowers citizens to engage in charitable activities.
Tencent Foundation launched in 2015 the first online charity event in China, “99 Charity Day”. This campaign connects non-profit organizations, netizens, and enterprises, to create a thriving philanthropic ecosystem.
We are proud to deploy our world-class technological capabilities and services to help promote the long-term growth and development of society.
Wexin/WeChat
Launched in 2011, Weixin/WeChat has been enhancing the lives of hundreds of millions users with its innovative features. The platform integrates instant messaging and social entertainment, bringing about a mobile digital lifestyle on an easy to use app. Users get to engage in real-time communications via free text and multimedia messages, make video calls or share photos on their “Moments”. Other lifestyle recreational features include “Games”, “Sticker Gallery”, and convenient friend-adding services such as “Shake” and “People
Nearby”. Continuously evolving around users' needs, Weixin/WeChat also offers enterprises “Official Accounts” to create original consumer experiences through its open platform and extended services such as Weixin/WeChat Pay for a truly mobile digital lifestyle. Weixin/WeChat reached more than 938 million monthly active user accounts as of the first quarter of 2017.Weixin/WeChat has evolved into a connector and open platform across industries, connecting users with one another, with smart devices and with business services.
An integrated feature in Weixin/WeChat, Weixin/WeChat Pay is a payment solution for its users, enabling quick payment transactions on their mobile phones. Weixin/WeChat Pay functions on the basis of swift payment through the use of connected bank cards, providing safe and efficient payment services for users. Weixin/WeChat Pay was officially launched in China on 5 August 2013, concurrent to the introduction of Weixin/WeChat version 5.0, and became available to merchants in China on 4 March 2014.