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Hello viewers this is Choi Seok-ki from Ristop
Today I will quietly talk about the Chinese-owned big deck companies in our country
We will look at the trends and their impact on the domestic market
Gradually swallowing the South Korean IT industry
Tencent China's big tech company is showing
signs of being taken over by Chinese authorities
Meanwhile KakaoPay has partnered with AlipayPlus a subsidiary of
the Entgroup that has already been taken over by Chinese authorities
They have entered the Chinese mainland
According to data released by the political information company F&Guide
as of the end of last month Tencent's holdings in domestic companies
Kakao holds 6.29% and Craft 13.56% of the shares
Netmarble 17.56% and YG
Entertainment 4.31% were listed
The future of Korea has been influenced by Chinese tech giants such as
Tencent and the big tech companies in our game and content industries
And it claims that it has also
taken control of internet banking
and quietly increased its funds in the Korean stock market
In particular the value of Tencent's shares in
Korean companies is as high as 10 trillion won
The Korean market has long given
up on Tencent and invested funds
They claim that they
have fallen into disgrace out
of a desire not to be recalled It's a sad reality
Tencent is not satisfied with the South Korean listed companies worth
more than 10 trillion won and is looking for another promising stock
They also say that they are still searching
However the Chinese authorities have recently designated Tencent as a state-owned enterprise
There are reports indicating signs of a shift
On the 3rd a Chinese media outlet Pengpai reported on Tencent and
China Unicom a state-owned news agency reported
that a joint venture will be established
According to media reports the State Administration for Market Regulation of China is
The idea of establishing a joint venture between China Unicom and
Tencent was sincerely proposed without any conditions on the 18th
A newly established joint venture will focus on content
delivery networks and edge computing as its main
businesses
Edge computing is a technology that processes data near the
production location instead of
transmitting it to a central network
Looking at the shares the China Unicom side and the Tencent side have
They will each acquire 48% and 42% shares in the new company
The remaining 10% goes to employees of the new company
Meanwhile the new generation entering power is enhancing the capabilities of private companies
There are forecasts that the tendency to weaken and instead
emphasize the role of state-owned enterprises will be strengthened
Therefore some people believe that this collaboration between the two companies
is a response by Chinese authorities to major private enterprises such as Tencent
Claims have been made that the store owner is trying to deceive
If Tencent is reclassified as a Chinese e-commerce company
The shares of South Korean companies owned by Tencent
will certainly be transferred to the Chinese authorities
There are concerns that because the
Chinese Communist Party government would have a
significant impact on domestic companies this situation could arise
KakaoPay is the second-largest shareholder of Entergroup
According to coastal news KakaoPay on the 7th
The Entgroup subsidiary Alipay Plus has formed a partnership with
Zaiyu and will launch KakaoPay in some offline stores in China
We have made it available for use
Alipay Plus is the payment marketing solution of Entergroup
KakaoPay announced that it is strengthening its payment
services in Japan through its collaboration with Alipay Plus
According to IT media Blue T KakaoPay users can
use KakaoPay or the JPY service within Japan
Alipay Plus is available at offline stores and it is said
that you can make payments without any additional steps
Alipay which KakaoPay has partnered with appears to be
vulnerable in terms of security because it is a Chinese company
China's financial media Eastmoney com owns
10.68% of Entgroup shares as of the end of 2020
It was said that 14 state-owned enterprises hold shares
Alibaba the parent company of the group
To maintain good relations with Chinese authorities it is known that
customer personal information is
provided free of charge to the authorities
All Chinese companies must provide user information they have collected to the
government according to the National Security
Law enacted in 2017 by Chinese authorities
Tencent and E-Group are no exception
America's "Call of Duty" in California versus digital experts
Professor Schunst wrote in an op-ed in the Apple Times on the 1st that
Chinese big data companies treat customer information as their own assets
They also pointed out that it is used as a tool to
maintain good relations with the Chinese authorities
Today's broadcast will end here
Thank you for watching
