Comments on: Misunderstandings: Tencent´s Revenues from Virtual Goods http://www.paidcontentisback.com/2008/12/misunderstandings-tencent%c2%b4s-revenues-from-virtual-goods/ Social Networks + Virtual Goods = SnipClip Mon, 22 Mar 2010 19:35:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: gaurav http://www.paidcontentisback.com/2008/12/misunderstandings-tencent%c2%b4s-revenues-from-virtual-goods/comment-page-1/#comment-900 gaurav Sun, 10 May 2009 02:17:40 +0000 http://www.paidcontentisback.com/?p=626#comment-900 I think you are right. I have been looking at the same numbers. What tencent calls IVAS (and which generated $700 mill numbers) actually includes premium membership to tencent services (better IM, larger albums, more storage etc.). In my opinion it's a little suspect (though not incorrect) to bucket them under virtual goods. Suspect because by doing this we are calling all payments for online subscriptions which don't result in physical tangible goods as virtual goods (including premium content subscriptions). I think you are right. I have been looking at the same numbers. What tencent calls IVAS (and which generated $700 mill numbers) actually includes premium membership to tencent services (better IM, larger albums, more storage etc.).

In my opinion it’s a little suspect (though not incorrect) to bucket them under virtual goods. Suspect because by doing this we are calling all payments for online subscriptions which don’t result in physical tangible goods as virtual goods (including premium content subscriptions).

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