There are currently 20,000 developers lining up to switch into the platform, Yin said.
"On the previously opened Qzone platform, the most profitable third-party developer is making 10 million yuan a month," Ma said. "We want the developers to be successful, even before we are."
Eight platforms will be open to developers, and Ma promised the platforms will not copy the ideas of successful applications. "We will even invest in those creative ideas," he said.
Tencent announced earlier this month it had joined hands with Innovation Works, an incubation fund founded by Google China's former president Kai-Fu Lee. By investing in its 700 million yuan fund it aims to support companies at Innovation Works and other Internet start-ups.
"A closed platform will ultimately be replaced by one that is more open," Lee said at the conference, while giving an example of Facebook opening its platform to developers in 2007 and surpassing MySpace to become the world's No 1 social-networking site (SNS).
"It is widely accepted in America that the key to online communication has evolved from simply selling ads and buying users' flows to utilizing SNS," Lee said.
"I hope Tencent's open strategy will stimulate development in China."
Jiang Qiping, chief editor of China Netweek, said previously that if Tencent's open strategy is thorough enough, its power as an investor will be unleashed to bring massive impetus to China's emerging industries.
"A comparable example is Intel Capital, which had invested in more than 1,100 companies ranging from communication, Internet, and software over the past 20 years, and brought up a large number of creative enterprises," Jiang said.
The Hong Kong-listed Tencent rose 1.1 percent on Wednesday to HK$203.60 as of 4 pm, valuing the company at HK$374.2 billion ($48 billion).
"On the previously opened Qzone platform, the most profitable third-party developer is making 10 million yuan a month," Ma said. "We want the developers to be successful, even before we are."
Eight platforms will be open to developers, and Ma promised the platforms will not copy the ideas of successful applications. "We will even invest in those creative ideas," he said.
Tencent announced earlier this month it had joined hands with Innovation Works, an incubation fund founded by Google China's former president Kai-Fu Lee. By investing in its 700 million yuan fund it aims to support companies at Innovation Works and other Internet start-ups.
"A closed platform will ultimately be replaced by one that is more open," Lee said at the conference, while giving an example of Facebook opening its platform to developers in 2007 and surpassing MySpace to become the world's No 1 social-networking site (SNS).
"It is widely accepted in America that the key to online communication has evolved from simply selling ads and buying users' flows to utilizing SNS," Lee said.
"I hope Tencent's open strategy will stimulate development in China."
Jiang Qiping, chief editor of China Netweek, said previously that if Tencent's open strategy is thorough enough, its power as an investor will be unleashed to bring massive impetus to China's emerging industries.
"A comparable example is Intel Capital, which had invested in more than 1,100 companies ranging from communication, Internet, and software over the past 20 years, and brought up a large number of creative enterprises," Jiang said.
The Hong Kong-listed Tencent rose 1.1 percent on Wednesday to HK$203.60 as of 4 pm, valuing the company at HK$374.2 billion ($48 billion).
