Pony Ma
Tencent, the biggest social networking and video games company in China, hasn’t really managed to scale its popular products in the Western mainstream. The behemoth’s international expansion for the most…
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Wrapped in red tape, China’s startups give up their mainland dreams
Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma, Lucas returned to his motherland to build his own internet startup. Two years into running the business, however, his enthusiasm has waned. The regulatory risks and compliance costs…
Chinese internet titan Tencent is divesting its vast portfolio. On Tuesday, the company announced plans to offload more than $3 billion worth of shares in Sea, a Singaporean internet conglomerate,…
How could Tencent not jump on the metaverse bandwagon when Facebook is hinging its future on the new buzzword? At this stage, Tencent’s approach seems more measured than Facebook’s $10 billion…
The annual meetings of the Chinese parliament and its advisory body are underway in Beijing this week. Top executives from some of China’s largest tech firms are among the thousands…
China’s relaxation of its one-child restriction has not delivered the population targets set by its policy planners. In 2019, the birth rate in China slumped to a seven-decade low, which…
On Tuesday, Tencent’s usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and China, calling domestic tech companies to…
Tencent, one of Asia’s most valuable companies with a current market cap of around $460 billion, has introduced a new motto after co-founder and CEO Pony Ma said this week…
The digital revolution has spawned “challenger” banks that operate entirely online, with no High Street presence. That phenomenon has taken off in Europe — particularly the U.K. — but over in…
In the lead up to China’s 40th anniversary of reforms and opening up, People’s Daily, the mouthpiece of the ruling Communist Party, published a list on Monday commending 100 extraordinary…
They may not be widely known outside of China, but Tencent’s mini program initiative to develop “apps” that live outside of app stores is bearing fruit after it clocked two…
Chinese internet giant Tencent is reorganizing its business to place more emphasis on enterprise as it prepares for the future of technology and looks to alleviate the pressure on its…
Tencent founder and CEO Ma Huateng (Pony Ma) is joining the Breakthrough Prize, sometimes referred to as “the Oscars of Science,” as a founding sponsor. He joins the likes of…
In a world of statistics, here’s a number that stands out: 71. That’s how many times the word “innovation” was mentioned in a communiqué issued after the Chinese Communist Party’s…
Years from now, tech billionaires may want to thank the credit collapse that led to the Asian financial crisis. Many people here in Asia believe that the economic disaster that…
The sun has set on our first ever TechCrunch Disrupt conference outside U.S. soil. The Beijing event ended this past Tuesday, as OrderWithMe won the Disrupt Cup. With the 12…
As we announced last week, we’ve been busy securing some of the most exciting names in China for our Disrupt Beijing conference this October including Tencent Founder and CEO Pony…
Even before I worked at TechCrunch, Disrupt was one of the few industry conferences I looked forward to every year. There were two big reasons why: The enthusiasm and excitement…
If you blinked you might have missed last Friday’s news that Chinese Web giant Tencent is buying LA-based Riot Games. And that’s just fine by Tencent. Tencent and its founder…