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Wen Chu, CEO of GWC: Bridging the World’s Mobile Internet Industries

The following is the full speech of GWC’s CEO and founder Wen Chu at GMIC SV:

Good morning, ladies and gentlemen, it is my honor to welcome you to our first GMIC SV. I’m Wen Chu, the founder and CEO of GWC. We’re happy to have you here today. I would like to thank all the participants, attendees and sponsors, the speakers and moderators who have worked with us to make this conference a reality. I’d like to take this opportunity to share three brief stories about GWC and how GMIC SV has come to be.

Now, my first story is about GWC’s beginning:

I was in Tokyo, Japan in 2008 with a group of delegates from Chinese mobile internet companies who wanted to learn more about the Japanese mobile internet market, to meet with and learn from successful companies GREE and DeNa. But it was difficult for us to visit with them because we did not have the relationships to open a dialogue. We realized there should be more communication, understanding and cooperation between China and Japan’s mobile Internet industry.  After several trips and eventual meetings, we found out that this wasn’t just a need for Chinese entrepreneurs, but also Japanese entrepreneurs wanted to know more about China and the Chinese market.

This is why we are here; we are here to bridge mobile Internet markets around the world. Today, GREE and DeNa’s CEOs are among our network of top mobile Internet leaders, and a number of Japanese mobile Internet companies have located branch offices in China.

The second story:

Last month, Tencent and Sina, two of China’s leading mobile Internet companies strategically invested in GWC. The investment marks a momentous event for these two competing companies. According to their investment departments, this is the first co-investment case for them!

Tencent’s CEO, Pony Ma and Sina’s CEO, Charles Chao, are among a number of top leaders who are supporting GWC’s development. They recognize that GWC is making meaningful strides in reinforcing communication and cooperation in the mobile Internet industry. Today, let me introduce the CEO of Xiaomi, Lei Jun, who was our first angel investor, first to believe in our vision, and whose support has helped GWC grow year after year.

We have worked hard these last four years to bridge the Asian mobile Internet market. Today, we can proudly say that we have created a network of top mobile industry leaders from China, Japan and many other leading markets to provide unique opportunities for cooperation among our members. Now, we come to Silicon Valley and hope to build a lasting bridge for mutual cooperation that will not only help introduce more Chinese mobile internet companies to the world, but also to help more mobile internet companies from around the world expand into China.

Lastly, I’d like to share a story about an entrepreneur who had vision of bringing people together from the many epicenters of technology. That man is me. I am a Chinese entrepreneur who had traveled very little outside of China before establishing GWC but my entrepreneurial journey and experiences reinforced the vision to help introduce Chinese companies to the world and help more mobile Internet companies to expand in to China. I am very fortunate to have a strong, dedicated and diverse team, whose joint efforts are turning this vision into a reality.

We hope that GMIC will provide a unique platform that brings the world’s entrepreneurs, developers and leaders in the mobile Internet industry together to forge new relationships, partnerships and future cooperation.

Thank you very much!


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