{
  "docId": "019dd923-5e88-73ef-bd5d-bd77826b2230",
  "docSlug": "9f887ebe7e9bc626",
  "documentTitle": "2017 Bond Cap Internet Trends 2017",
  "authorId": "BondCap",
  "authorName": "Mary Meeker",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "vc_research",
  "sourceTypeLabel": "VC research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.333,
  "pageNumber": 224,
  "pageCount": 356,
  "prevPage": 223,
  "nextPage": 225,
  "slideType": "comparison_table",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 14,
  "notes": "The slide highlights the ecosystem expansion strategy of major Chinese tech firms.",
  "elementsJson": [
    "headline_text",
    "comparison_table",
    "footnote",
    "logo_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5d-bd77826b2230/224",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5d-bd77826b2230",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5d-bd77826b2230.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5d-bd77826b2230#slide-224",
  "components": [
    {
      "bbox": null,
      "kind": "metric",
      "text": "Cumulative Users: 600MM",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-4e58-72bf-a872-acddbd174e0f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.45,
        "x": 0.1,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "Source: Alibaba / Ant Financial, Tencent, JD Finance. Footnotes 1-11 detailing data definitions and dates.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ea4f4679-92f4-4123-b500-698a45f4a8e1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.75,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "table",
      "text": "Comparison matrix of Ant Financial, Tencent, and JD Finance across 5 financial service verticals with user metrics.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e6523b3a-4b28-4afc-b07a-5b3f2e07f572",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.96,
        "x": 0.02,
        "y": 0.02
      },
      "kind": "title",
      "text": "Mobile Payments = Gateway for China Internet Leaders to... Become Diversified Financial Services Platforms",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d296bd88-6acc-437f-950e-ac08e814f6ed",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "2x2 matrix",
      "slug": "matrix-2x2",
      "agent": null,
      "layer": "slide",
      "matchId": "bff47ba0-f584-4b6a-81f5-7f41cb4a4fc4",
      "evidence": "The slide features a comparison matrix across 5 financial service verticals.",
      "confidence": 0.5
    }
  ],
  "frameworks": [
    {
      "name": "Capability matrix",
      "slug": null,
      "matchId": "019de7e0-e815-77b2-8878-de5c7c68fd15",
      "evidence": "Ant/Tencent/JD across five financial verticals matrix.",
      "confidence": 65
    }
  ],
  "arcBeats": [
    {
      "to": 333,
      "from": 4,
      "beatId": "019de7e0-c523-7666-bff1-a849bfac7344",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Facts (What)",
      "beatSlug": null,
      "evidence": "Sections 1-9 (Global, Ads, Games, Media, Cloud, China, India, Healthcare, Companies) present trend data.",
      "position": 1,
      "confidence": 60,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 320,
      "from": 179,
      "beatId": "019de7e0-c666-753f-a92a-21e1bb5205cf",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "What Could Be",
      "beatSlug": null,
      "evidence": "Cloud, China/India leapfrogging, healthcare digital inflection — preview of future.",
      "position": 4,
      "confidence": 50,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 232,
      "from": 195,
      "name": "Zoom In",
      "slug": "06-zoom-in",
      "bestFor": "Technical deep-dives, case studies, detailed analysis",
      "matchId": "019de7e0-c9ca-730f-83ff-9b44fd5b0363",
      "evidence": "Cleanly nested Hillhouse section dividers pp.195/203/212/219/225 walk top-down.",
      "position": 16,
      "objective": "Zoom into China internet: macro -> entertainment -> transport -> payments -> eCommerce",
      "structure": "The Big Picture -> Key Area of Focus -> Specific Detail -> Implication",
      "confidence": 80,
      "description": "Start broad, then progressively focus on specific details that prove your point"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}