In 2005, Tencent had already emerged, especially in the instant messaging industry within China, occupying the majority of the domestic market share.
However, many people still felt that this company's future was worrying, and it definitely couldn't compare to internet giants like Sina, Alibaba, and Baidu that had already grown!
Because companies like Tencent, that develop instant messaging software, faced a serious problem they couldn't solve.
And that was how to monetize traffic!
Tencent's "predecessor", ICQ, couldn't solve this problem either, so it could only "sell itself" to another company.
Although the price was quite high, reaching two to three hundred million US dollars, this also indicated that the ceiling of the instant messaging industry was only so high...
No matter how you looked at it, Tencent couldn't compare to ICQ.
Setting aside the issue of who copied whom and which appeared earlier, just considering popularity, ICQ was all the rage worldwide!