Messaging is Eating the World (by Edith Yeung)

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  • Messaging is Eating the World  Edith Yeung @edithyeung
  • Edith Yeung is a Partner at 500 Startups’ Mobile Collective, focusing on investing in mobile apps and consumer internet startups. Before 500, Edith was the VP of marketing & business development for Dolphin Browser. Dolphin Browser is a Sequoia-backed mobile browser with over 150 million installs worldwide. She also founded RightVentures - seed stage investment firm focusing on mobile and consumer internet companies. Prior, she led many operation roles at Oracle, Siebel, AT&T, Symantec, Telstra, Cisco, Autodesk, etc. @edithyeung
  • Everyone is messaging. @edithyeung Source:  Quartz  h.p://qz.com/404239/facebooks-­‐global-­‐dominance-­‐of-­‐messaging-­‐in-­‐two-­‐maps/  
  • WhatsApp is #1 Messaging App in the World with over 800 million monthly active users Source:  StaDsta  h.p://www.staDsta.com/staDsDcs/258749/most-­‐popular-­‐global-­‐mobile-­‐messenger-­‐apps/   @edithyeung
  • Facebook & Tencent own more than 2.7 billion monthly active messaging users. @edithyeung
  • Source:  PEW  Internet  research  h.p://www.pewinternet.org/2015/08/19/mobile-­‐messaging-­‐and-­‐social-­‐media-­‐2015-­‐main-­‐findings/   49% of smartphone owners ages 18 to 29 in the US use messaging apps @edithyeung
  • Beyond Texting 1.  Voice 2.  Images 3.  Videos 4.  Money Transfer 5.  Dating 6.  Image recognition @edithyeung
  • Voice call functionality is now available on WhatsApp, Facebook Messenger, WeChat, Kakao Talk & Line.
  • Snapchat has 200 million users who share 8,796 photos per second. @edithyeung Source  Adweek  h.p://www.adweek.com/socialDmes/how-­‐many-­‐photos-­‐are-­‐uploaded-­‐to-­‐snapchat-­‐every-­‐second/621488  
  • @edithyeung Facebook Messenger users made over 1 million video calls during the first two days after launch. Skype killer? Source:  Mashable  h.p://mashable.com/2015/05/05/facebook-­‐messenger-­‐1-­‐million-­‐video-­‐calls/#M_8xsfNp.kqu  
  • @edithyeung Starting November 2015, WeChat Payment supports British pound, Hong Kong dollar, U.S. dollar, Japanese yen, Canadian dollar, Australian dollar, Euro, New Zealand dollar and Korean won. Source:  Xinhuanet  -­‐  h.p://news.xinhuanet.com/english/2015-­‐11/20/c_134838085.htm    
  • Magic in the Messaging bottles, not Tinder. @edithyeung
  • @edithyeung WeChat launches image recognition by location, book & music cover and languages. Source:  Xinhuanet  -­‐  h.p://news.xinhuanet.com/english/2015-­‐11/20/c_134838085.htm    
  • Payment is the foundation to Messaging Revenue. @edithyeung
  • Source:  StaDsta  h.p://www.staDsta.com/staDsDcs/487656/mobile-­‐messaging-­‐apps-­‐revenue/   Asian Messaging apps generated over $3.8 billion combined revenue in 2015 @edithyeung
  • 1.  Shopping 2.  Selling 3.  Transportation 4.  Customer Service 5.  Banking 6.  Non-profits donations 7.  Real Estate Beyond Social Seven WeChat Business Cases @edithyeung
  • Buy train, movie tickets, electricity, water, gas and phone bills via WeChat payment. @edithyeung
  • Set up their own shops using Weidian (Shopify for WeChat) @edithyeung
  • Engage customers in conversation before, during and after a sale. @edithyeung
  • WeChat is not enough. WeBank. @edithyeung
  • WeChat for Non-profits @edithyeung
  • WeChat for Real Estate @edithyeung
  • Messaging will redefine the mobile industry. @edithyeung
  • Just a few predictions… @edithyeung
  • Messaging will be the biggest threat to Google Search. @edithyeung
  • Messaging Voice Feature – One of the Biggest Threats for Telecom Operators. @edithyeung
  • Messaging Apps will process more shopping transactions than all other shopping apps combined. @edithyeung
  • Messaging by the number 1.  WhatsApp is #1 Messaging App in the World with over 800 million monthly active users. 2.  Facebook & Tencent own more than 2.7 billion monthly active messaging users. 3.  Snapchat has 200 million users who share 8,796 photos per second. 4.  Facebook Messenger users made over 1 million video calls during the first two days after launch. 5.  Asian Messaging apps generated over $3.8 billion combined revenue in 2015 6.  With over 3 billion combined monthly active users, businesses are reaching their audience via messaging apps. 7.  Top messaging apps are Facebook messenger, Whatsapp, Wechat, Line, QQ, Line, Kakao talk, Viber, iMessage, etc. @edithyeung
  • You can find my presentation at: •  Deck http://www.edith.co/#blog •  Email edith@500.co •  Twitter @edithyeung •  Newsletter http://www.edith.co/#newsletter @edithyeung
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