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The Rise of China’s Tencent Billionaire

1176 ratings | 57701 views
Pony Ma is one of the richest people on the planet. He created Tencent, China's tech colossus and one of the ten largest companies in the world. But few signs in his early years suggest that he would become such a success. Video by Vicky Feng and Lulu Chen
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Text Comments (174)
EK Lee (12 days ago)
Chinese cannot use sns like facebook in China
EK Lee (12 days ago)
Tencent is one of the really awesome companies in the world
Zulham S (27 days ago)
he must learn english from Jack Ma,,,,lol
Aman Singh (28 days ago)
Jack ma, Pony ma copycat tencent
Aman Singh (28 days ago)
PUB G owners
Akihiko Hayashi (1 month ago)
Go Ma! You have my support!
Bappi Debbarma (1 month ago)
Best of chinaa ... great
thesuperproify (1 month ago)
For those uneducated american insisting that Tencent only succeed because they copy facebook, try sending money , or ordering food delivery, or even hire a cleaner for your apartment from your FB app, can you do that ?? Lmao NOO!! WeChat is 100x times better than you normies will ever experience. Oh and also, FB was banned in 2013, and when they were banned, FB's market share in China is already niche and non existent
Fred Christenhusz (2 months ago)
It could be the key to the Tesla funding...
chirag (2 months ago)
In India nobody uses wechat
Gara Kara (2 months ago)
Tencent has already earned a lot from the western market, they invested in many companies such as Ubisoft and Activision Blizzard. Tencent is also the owner of Riot and Epic Games, which means the famous esports game LOL and the new hot one Fortnite all belong to this penguin. Before the Wechat changed the game, Tencent was fed with online game business, there were 300 million players of their FPS game CF, and many million players of DNF, these 2 games still making billions of RMB a year after 10 years since they came out in Korea and bought by Tencent. Now it's making a game platform called WeGame which is aiming at PC game markets ruled by Steam, in fact, I just bought the PC version of Monster Hunter World with only tranditional Chinese in Steam which still requires a day to unlock, while WeGame users bought the game with a price like 60% of Steam or even lower, were able to play the game 9 hours ago with simplified Chinese.
吃茶猫 (2 months ago)
When you talk business , they talk politics; when you talk politics, they talk business~ You win in either way, Bloomberg.
Manuel Gruber (2 months ago)
Victory house twist support context convert consume employment excuse.
Zoddd God (2 months ago)
u wanna be a billionaire in China? add a ma in ur name
MAN IN BLACK FACE (2 months ago)
This is what a company should do, cooperate with the local government, unlike western companies, they think that they are above the local government until they got smacked hard in the fact and get their butt kicked out of china. You are a company not an NGO Your bussiness is to make money not to virtue signal Your politic is not above National ideology or the government Western companies that refuse to follow the law will learn the hard way.
Vedant kale (2 months ago)
How can someone have a name "Pony"
David Wong (2 months ago)
President TRUMP said you guys love put. Fake news. The coming collapse of China😱😱😱😱😱😱😱😱😱😱
Robert Paternoster (2 months ago)
You forgot to mention they own fortnite, pubg and clash of clans.
Ge RuiYi (2 months ago)
BIGGER GAME PUBLISHER THAN EA AND THEY CONTROL LOL
Ge RuiYi (2 months ago)
OOPS, FORGET TO MENTION THEY ARE THE BIGGEST GAME PUBLISHER
LIQUID SNAKE (2 months ago)
Please bring King of GLory to middle east and South East Asia please! Dont bring AOV! we dont need useless western fictional Heroes!
marcxie (2 months ago)
'Pony' was more like a nickname for him in his early days. I believe he now refers himself as Ma Huateng, direct translation from his Chinese name
BITSTR3AM3R (2 months ago)
tencent is funded and backed by the communist government of CHINA
Not surprising when you’re alone in the market !!!
K (2 months ago)
Lol so many people are pointing fingers at Tencent saying they're collecting data for the government when people have forgotten about *cough* *cough* Cambridge Analytica and Facebook
ROHIT PARAB (2 months ago)
PUBG is owned by them.
big bang (2 months ago)
whenever comes to the money thing, we want it as simple as it could be
James Bond (3 months ago)
Jing Yang has built the Chinese version of Pie Piper, the decentralized internet system. Unfortunately, it's been knocked down by the CCP government recently, which can bypass the Great Fire Wall and jump over the censorship easily ...
Supreme Leader (2 months ago)
wtf lol
DoubleClutch (3 months ago)
TenCent owns a majority portion of fortnite for anyone wandering
Jason M (3 months ago)
The CEO is just a puppet controlled by the Chinese government. He only has less than 10 percent of the stock share of his own company and the rest are all divided among those hypocritical communist leaders.
C N (3 months ago)
Whites are jealous
Fantasticman (3 months ago)
To be honest, probably you never think of it, the fact is Western social media companies copied WeChat a lot actually.
Patrick A. Crawley (3 months ago)
He's the head of a CCCP propaganda machine with a captive audience of 1.4bn people. With low wages and low quality infrastructure... they're still not making that much money due to hopeless inefficienc.
Patrick A. Crawley (1 month ago)
+徐凌 And it's still all true.
徐凌 (1 month ago)
brainwashed by western media.
Mike Shinoda (3 months ago)
LOL, the true reason behind the success of Tencent has nothing to do with the innovation or popuplation number, it's all about government.
Ersan Seer (3 months ago)
Wait a second..... Wait. Is this the keyboard-playing "this is rock and roll" guy?
Ashish KC (3 months ago)
Should have talked about the gaming aspect as well with Epic! League of Legends, Fortnite!
OneHumanity OnePlanet (3 months ago)
China is going to take over the world ... America as a superpower will be a thing of the past . . . few decades from now "are you sure america was that great? I mean look at our history book, back then they didnt even had a functioning health care system?"
孔霞 (3 months ago)
wave 34 I doubt that. They dont even have enough children to replace the aging population
East to West Love (3 months ago)
中国好
Patrick A. Crawley (3 months ago)
s20101988 現代消費主義還是傳統文化?
lowkey rookie (3 months ago)
小马哥
Steven Britt (3 months ago)
Thumbs down all vids because of stupid long as always playing. I have no money for investing.
- Eth (3 months ago)
All is stolen copy/paste technology ....mostly from the US...that's not an 'entrepreneur' that's called a pirate.
Andy Waxton (10 days ago)
Aaron Tan Zuckerberg “pirated” the Harvard Rowing Twins idea of Facebook and he paid millions for settlement.
Huaiyuan Qu (1 month ago)
You have a decent point about their tech and services, but I think the major differences are still access to the market and distribution channels. It sounds like protectionism, but I can't think of any other efficient way to control/censor information flow. :)
(1 month ago)
+I I you're retarded
I I (1 month ago)
QQ released in 1999 and facebook released in 2004. Heck even myspace is founded after qq in 2003. who is the real copy cat now.
Ian (2 months ago)
Do you say Burger King copy McDonald's just because they make burger?
J. M (3 months ago)
They forgot to mention it was with partnership with Korean gaming companies that enriched this motherf*cking company.
C. Lincoln (3 months ago)
They stole all their technology from India. India will be super power by 2020. Jai Hind!
Satodal Karmakar (20 days ago)
Is this a joke that I didn't get?
Samuel Karlsson (3 months ago)
No, not from India. From American tech companies.
Lucan Sanchez (3 months ago)
Ten cent should bring out Counter strike for mobile. ten cent has brought out the two best pvp games for mobile gaming with pubg and valor.
Kong Wee Peh (3 months ago)
As if like Apple, Alphabets, Microsofts, Facebook, Twitter, IG.....do not send your data to NSA. :)
(1 month ago)
+mcdoublemaster2 you're autistic
mcdoublemaster2 LMAO even thieves can hack stolen phones damn if ur saying ur government can’t do no more than thief can do they must be horrible at governing a country.
Aaron Tan (3 months ago)
mcdoublemaster2 last time i heard about something that cant be decrypted was on ww2, nazi germany's enigma, you might know what happened next.
Peace Forever (3 months ago)
mcdoublemaster2 Lol 😂 Encryption doesn’t always mean only the sender and the receiver can view the message. You can add a back door even there. I’m sure every other computer science student has studied about this in information security chapter.
becool365 (3 months ago)
We Chat is actually declining. Believe it or not Trust in Chinese goods and companies is declining, few competitors however have the luxury of being supported by their government however.
Captain Planet (3 months ago)
Commy Party: I’ll help you grow by blocking these US tech companies here in China. Pony Ma: ok, in return I’ll give you access to our data base. Commy Party: DEAL! 👍🏼
SeKToR (3 months ago)
Their games like League of Legends or PUBG actively collects information of their international users for the Chinese government. Do not purchase or use any Tencent products. 0
Yunhe Dong (2 months ago)
Tencent owns: 100%league of legend Minority of epic game(fortnite) 100%clash of clan 25% Bluehole(Pubg) minority of Activision(COD) and more but I can’t remember. As a company earns 50 billions in three months, what’s the point for it to steal your information? What important information do you have? Like which kind of porn you watched?
piyush singha (2 months ago)
Dotard sells ur mother sister nude pics to master putin
Ian (2 months ago)
Do not use facebook. They sell information to Russia. LoL
Aaron Tan (3 months ago)
SeKToR or facebook, or others, or dont trust your gov?, it's not limited to tencent. Snowden, cambridge analytica with facebook have proven it. Seems naive
lone warrior (3 months ago)
Connecting culture with tech is amazing
ghost (3 months ago)
Double Mas, Jack Ma, Pony Ma
Yan Li (3 months ago)
Ma =Muhammad in Chinese
JJ (3 months ago)
ghost that’s mars
Yonoume (3 months ago)
Funny how this man uses the power of inspirations rather than innovation to gain his wealth
caulfield (3 months ago)
+Yonoume What do you mean by "without a doubt it is a institutional property"? Also, as far as I know, Cambridge Analytica acquired data through surveys using facebook profiles. The controversy was due to how the survey takers were never told how their data was going to be used. Facebook did not, as far as I've heard, just give them information.
Yonoume (3 months ago)
Like what? specifically? After the controversy over Facebook exploitation of User Data, they provided the Cambridge Analytica with a gargantuan amount of Information that they can use, without a doubt it is an Institutional Property, but what if those were given to something more influential?
Cool Cool (3 months ago)
Some American Internet giants such as Facebook are imitating him.
Tim Tam's (3 months ago)
Also lets the government spy on its citizens easily.
(1 month ago)
+Jeremy The Cool kys
piyush singha (2 months ago)
Nsa ,cia FBI ,vault 7, wikileaks ,Cambridge analytica
Jeremy The Cool (2 months ago)
Tim Tam's what’s wrong lmao? If u do nothing wrong then u shouldn’t be afraid by ur own government. Maybe u have done something illegal?
Epentibi (3 months ago)
always is, always will
Tim Tam's (3 months ago)
China is not a democratic country its run by a communist dictatorship lol.
孔霞 (3 months ago)
One app for everything would be a nightmare.
孔霞 (2 months ago)
Yun Fu no one knows what the Taiwanese economy is like..
K (2 months ago)
Lol no it isn't have you used WeChat? I can order food on my phone and simultaneously order a taxi to get there, when that's done i can go to the restaurant, scan my QR code on the phone and the food is already done. Then i can just pay at the table im sat by scanning the QR sticker they put down, it's possible to actually do this without any human interaction if you wanted to. A friend couldn't pay for the meal? No problem I can pay for it, they can then pay me back all through the same app.
Yun Fu (2 months ago)
孔霞 yea nightmarish like that Taiwanese economy lol
Allen Allen (3 months ago)
They work for the government
孔霞 (3 months ago)
da jetmiko I dont do everything on there. I limit shopping online. I never order food. You can go incognito. You can clear your history. Like the proper way where you can erase all your info.
SIX ACT (3 months ago)
He failed many years many times but the result is satisfying
Fad Vortex (3 months ago)
*MY LITTLE PONY*
STC (3 months ago)
People know his game tho. He bought LOL
Computerman 21 (3 months ago)
What about Jack ma?
C. Lincoln (3 months ago)
related? got the same ma?
Epentibi (3 months ago)
你主人付你多少钱?
200斤麦子 (3 months ago)
都被收编了
Chris Song (3 months ago)
Another business man who founded Alibaba.
username58723 (3 months ago)
tldr: he copied some western shit cus he cant make his own ideas, the chinese gov helped and killed off western companies in china so no competition, it grew so big because of chinese population
ro pro (3 months ago)
You neglected to mention that they flourished in the social media space because the big ones (Facebook, Twitter, etc.) were blocked from entering China.
Yun Fu (2 months ago)
ro pro u forgot to mention that Facebook and Twitter doesn’t even come close in function and convenience to WeChat lol , and of course they block foreign services that won’t store data in the original country, retard lol
Benjamin Rosen (3 months ago)
Yes, and the result is that China has some of the largest and most successful tech companies in the world, capturing hundreds of billions of dollars of value and massively adding to the technological development of the country. China is following Japan, Taiwan, Korea (Asia) and Europe before it by using protectionism combined with export incentives to rise to the top of the global value chain.
jojoinhere (3 months ago)
Learn Chinese if you want to make Chinese money. Westerners are hypocrite
MrMentalSoul (3 months ago)
The Chinese rarely have ideas or innovations of their own. Every other smartphone, for example, that comes out of China is a blatant "clone" or "knock-off" of another company's product.
Bill (28 days ago)
One of the most retarded statements ever coming from someone who i assume went to basic schooling and exposure to internet age ease of information. Motherfucking moron, it's the chinese who invented the pre-requisites that led to european colonialism which eventually led to renaissance and industrial revolution. Firearms, magnetic compass, paper, relatively meritocratic national testing system. You can name so many, why are people still so remarkably stupid despite the ease of access in information nowadays.
(1 month ago)
+Minh Van you're retarded
(1 month ago)
+OmarBC420 you're retarded
Henning Gu (2 months ago)
Vivo NEX. Oppo Find X?
Jude Lau (2 months ago)
And yet, they're winning.
David Igandan (3 months ago)
‘Cloned’😂😂
Chris Song (3 months ago)
At first, may be true. But not now.
J DP (3 months ago)
Hahaha "cloned"
World Of Gavin (3 months ago)
First
World Of Gavin (3 months ago)
Cool
陈士杰 (3 months ago)
Tencent has a very close relationship with the Chinese authority, Ma is a running dog of the Chinese Communist Party.
(1 month ago)
+MAN IN BLACK FACE you're retarded
MAN IN BLACK FACE (2 months ago)
That's whay a company should do, tencent is a company not an activist, they are in the bussiness of making money not in the bussiness of activism
Yun Fu (2 months ago)
陈士杰 better then a western dog like Taiwan tho , wolf wolf
Aaron Tan (3 months ago)
Both are bad no one is better, just in case you forget and think the west is far cleaner than the prc
Aaron Tan (3 months ago)
As if it is not the same in the west, snowden didnt get exiled for nothing.
Tyler Barker (3 months ago)
TGB, Use Tencent in china, use Tencent in everwhere but America. I'll put it on it. TGB Switzerland is a good place for it, TGB the way i mean it. Use Tencent in every country except america.
Mark Travis (3 months ago)
Tyler Barker do you know English lololol
Champagne Papi (3 months ago)
England just took the L
Link_ 82 (3 months ago)
Hahahha it aint comming home
SBW's Shoulder (3 months ago)
Just like America taking Ls everyday.
DragonPlays (3 months ago)
Bigger L against Belguim

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