Seek .(US:SKLTY) Zheng Quan Shi Bao Wang·2025-02-22 07:16Core Insights - Tencent's Yuanbao app has surpassed Doubao in downloads, reaching the second position in the free app download rankings in China as of February 22, 2023 [2] - The rapid rise in downloads is attributed to multiple significant updates since February 13, 2023, including the integration of the DeepSeek and Mixed Yuan models [1][3] Product Updates - On February 21, 2023, Yuanbao launched a new feature allowing users to upload images for DeepSeek to interpret, expanding its functionality beyond text recognition [3] - The app now supports both DeepSeek-R1 and Mixed Yuan models, enabling users to engage in deep thinking and quick answer generation [3] - Tencent's financial management app, Licaitong, and WeChat have also integrated the DeepSeek-R1 model, enhancing their AI capabilities [4][5] Competitive Landscape - Tencent's strategy of integrating DeepSeek into Yuanbao reflects a user-centric approach, providing more options to users despite having its own large model [6] - The competitive environment has intensified with major players like ByteDance and Alibaba reducing prices for their models, prompting Tencent to lower the price of its Mixed Yuan model [7][8] - DeepSeek's rapid adoption and open-source model have positioned it as a formidable competitor, attracting users without extensive marketing efforts [8][9] Strategic Advantages - Tencent's content production capabilities give it an edge in providing high-quality responses through its models, leveraging its established user base and content ecosystem [9] - The company's focus on user experience and operational efficiency enhances the performance of its AI products, making them more appealing to users [9]