Tencent's latest education push is a nod to new collaborative structure
When Tencent announced it had formed a new education brand this week, the internet giant wasn't just flexing its muscles to conquer China's booming online education sector. The new initiative is also an early result of Tencent's long plan to foster more internal collaboration at a time when its core businesses, the lucrative video gaming segment and the billion-user WeChat, are under attack. Called "Tencent Education," the new brand consists of 20 products across all six of the firm's business groups, announced executive senior vice president Dowson Tong at the company's annual ecosystem summit on Wednesday.