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Mobile is Eating the World

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  Messaging is Eating the World Edith Yeung @edithyeung


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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


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Everyone is messaging. Source:  Quartz  h.p://qz.com/404239/facebooks-­‐global-­‐dominance-­‐of-­‐messaging-­‐in-­‐two-­‐maps/   @edithyeung


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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


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Facebook & Tencent own more than 2.7 billion monthly active messaging users. @edithyeung


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49% of smartphone owners ages 18 to 29 in the US use messaging apps Source:  PEW  Internet  research  h.p://www.pewinternet.org/2015/08/19/mobile-­‐messaging-­‐and-­‐social-­‐media-­‐2015-­‐main-­‐findings/   @edithyeung


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1.  2.  3.  4.  5.  6.  Voice Images Videos Money Transfer Dating Image recognition Beyond Texting @edithyeung


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Voice call functionality is now available on WhatsApp, Facebook Messenger, WeChat, Kakao Talk & Line.


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Snapchat has 200 million users who share 8,796 photos per second. Source  Adweek  h.p://www.adweek.com/socialDmes/how-­‐many-­‐photos-­‐are-­‐uploaded-­‐to-­‐snapchat-­‐every-­‐second/621488   @edithyeung


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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


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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     @edithyeung


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Magic in the Messaging bottles, not Tinder. @edithyeung


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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     @edithyeung


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Payment is the foundation to Messaging Revenue. @edithyeung


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Asian Messaging apps generated over $3.8 billion combined revenue in 2015 Source:  StaDsta  h.p://www.staDsta.com/staDsDcs/487656/mobile-­‐messaging-­‐apps-­‐revenue/   @edithyeung


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Seven WeChat Business Cases 1.  2.  3.  4.  5.  6.  7.  Shopping Selling Transportation Customer Service Banking Non-profits donations Real Estate Beyond Social @edithyeung


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Buy train, movie tickets, electricity, water, gas and phone bills via WeChat payment. @edithyeung


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Set up their own shops using Weidian (Shopify for WeChat) @edithyeung


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Engage customers in conversation before, during and after a sale. @edithyeung


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WeChat is not enough. WeBank. @edithyeung


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WeChat for Non-profits @edithyeung


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WeChat for Real Estate @edithyeung


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Messaging will redefine the mobile industry. @edithyeung


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Just a few predictions… @edithyeung


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Messaging will be the biggest threat to Google Search. @edithyeung


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Messaging Voice Feature – One of the Biggest Threats for Telecom Operators. @edithyeung


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Messaging Apps will process more shopping transactions than all other shopping apps combined. @edithyeung


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Messaging by the number 1.  2.  3.  4.  5.  6.  7.  WhatsApp is #1 Messaging App in the World with over 800 million monthly active users. Facebook & Tencent own more than 2.7 billion monthly active messaging users. Snapchat has 200 million users who share 8,796 photos per second. Facebook Messenger users made over 1 million video calls during the first two days after launch. Asian Messaging apps generated over $3.8 billion combined revenue in 2015 With over 3 billion combined monthly active users, businesses are reaching their audience via messaging apps. Top messaging apps are Facebook messenger, Whatsapp, Wechat, Line, QQ, Line, Kakao talk, Viber, iMessage, etc. @edithyeung


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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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