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The Rise of China’s Tencent Billionaire

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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 (153)
Fred Christenhusz (1 day ago)
It could be the key to the Tesla funding...
chirag (4 days ago)
In India nobody uses wechat
Gara Kara (6 days 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 (7 days ago)
When you talk business , they talk politics; when you talk politics, they talk business~ You win in either way, Bloomberg.
Manuel Gruber (7 days ago)
Victory house twist support context convert consume employment excuse.
Zoddd God (15 days ago)
u wanna be a billionaire in China? add a ma in ur name
MAN IN BLACK FACE (18 days 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 (18 days ago)
How can someone have a name "Pony"
David Wong (19 days ago)
President TRUMP said you guys love put. Fake news. The coming collapse of China😱😱😱😱😱😱😱😱😱😱
Robert Paternoster (20 days ago)
You forgot to mention they own fortnite, pubg and clash of clans.
Ge RuiYi (21 days ago)
BIGGER GAME PUBLISHER THAN EA AND THEY CONTROL LOL
Ge RuiYi (21 days ago)
OOPS, FORGET TO MENTION THEY ARE THE BIGGEST GAME PUBLISHER
LIQUID SNAKE (22 days ago)
Please bring King of GLory to middle east and South East Asia please! Dont bring AOV! we dont need useless western fictional Heroes!
CCP dog inferior game maker
marcxie (24 days 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 (24 days ago)
tencent is funded and backed by the communist government of CHINA
Not surprising when you’re alone in the market !!!
K (26 days 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 (28 days ago)
PUBG is owned by them.
big bang (28 days ago)
whenever comes to the money thing, we want it as simple as it could be
James Bond (29 days 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 ...
Groot Official (25 days ago)
wtf lol
DoubleClutch (29 days ago)
TenCent owns a majority portion of fortnite for anyone wandering
Jason M (30 days 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 (30 days ago)
Whites are jealous
Fantasticman (1 month 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 (1 month 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.
Mike Shinoda (1 month 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 (1 month ago)
Wait a second..... Wait. Is this the keyboard-playing "this is rock and roll" guy?
Ashish KC (1 month ago)
Should have talked about the gaming aspect as well with Epic! League of Legends, Fortnite!
wave 34 (1 month 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 (29 days ago)
wave 34 I doubt that. They dont even have enough children to replace the aging population
East to West Love (1 month ago)
中国好
Patrick A. Crawley (1 month ago)
s20101988 現代消費主義還是傳統文化?
lowkey rookie (1 month ago)
小马哥
Steven Britt (1 month ago)
Thumbs down all vids because of stupid long as always playing. I have no money for investing.
- Eth (1 month ago)
All is stolen copy/paste technology ....mostly from the US...that's not an 'entrepreneur' that's called a pirate.
Ian (27 days ago)
Do you say Burger King copy McDonald's just because they make burger?
Aaron Tan (30 days ago)
- Eth yeah sure, 0 innovation. Very confident of you. Developing countries have to do it to some extent to be self sufficient, and developed countries need them to manufacture their things, even after all those ripoffs, copycats, a lot of us company still manufacture their products in china, it's not like they dont need china at all. They do and have innovated things, but in high tech business i doubt countries like China can catch up to the us without relying to them if they do it the honest way. Saying them having no talent and innovation is just pure disrespect to those of them who did it by themselves. Technology are meant to spread and travel anyway.
- Eth (1 month ago)
US companies are not given a fair chance. The US companies (specifically their inventions) made China what it is now by pirating their designs. The whole world knows China as the copy/paste country with no talent for innovation/invention.
Aaron Tan (1 month ago)
- Eth now you can explain why us companies failed to penetrate chinese market when they're given the chance. If they didnt make any innovation and are the pure copycats i wonder why the 'real' one lose. There're some, but not all of it, and im sure us companies have also done it to a lesser extent.
J. M (1 month ago)
They forgot to mention it was with partnership with Korean gaming companies that enriched this motherf*cking company.
C. Lincoln (1 month ago)
They stole all their technology from India. India will be super power by 2020. Jai Hind!
Samuel Karlsson (1 month ago)
No, not from India. From American tech companies.
Lucan Sanchez (1 month 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 (1 month ago)
As if like Apple, Alphabets, Microsofts, Facebook, Twitter, IG.....do not send your data to NSA. :)
Aaron Tan (1 month 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 (1 month 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.
mcdoublemaster2 (1 month ago)
Kong Wee Peh They can't because encryption. That's why the government want to shut down those companies.
becool365 (1 month 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 (1 month 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 (1 month 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 (7 days 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 (20 days ago)
Dotard sells ur mother sister nude pics to master putin
Ian (27 days ago)
Do not use facebook. They sell information to Russia. LoL
Aaron Tan (1 month 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 (1 month ago)
Connecting culture with tech is amazing
ghost (1 month ago)
Double Mas, Jack Ma, Pony Ma
Yan Li (29 days ago)
Ma =Muhammad in Chinese
JJ (30 days ago)
ghost that’s mars
Yonoume (1 month ago)
Funny how this man uses the power of inspirations rather than innovation to gain his wealth
caulfield (1 month 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 (1 month 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 (1 month ago)
Some American Internet giants such as Facebook are imitating him.
Tim Tam's (1 month ago)
Also lets the government spy on its citizens easily.
piyush singha (20 days ago)
Nsa ,cia FBI ,vault 7, wikileaks ,Cambridge analytica
Jeremy The Cool (21 days 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?
THE COOL GUY HERE (1 month ago)
always is, always will
Tim Tam's (1 month ago)
China is not a democratic country its run by a communist dictatorship lol.
Just a Knight (1 month ago)
Tim Tam's Well it's the law of China to spy on it's citizens.
孔霞 (1 month ago)
One app for everything would be a nightmare.
孔霞 (25 days ago)
Yun Fu no one knows what the Taiwanese economy is like..
K (26 days 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 (28 days ago)
孔霞 yea nightmarish like that Taiwanese economy lol
Allen Allen (29 days ago)
They work for the government
孔霞 (1 month 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 (1 month ago)
He failed many years many times but the result is satisfying
Fad Vortex (1 month ago)
*MY LITTLE PONY*
STC (1 month ago)
People know his game tho. He bought LOL
Computerman 21 (1 month ago)
What about Jack ma?
C. Lincoln (1 month ago)
related? got the same ma?
THE COOL GUY HERE (1 month ago)
你主人付你多少钱?
xml (1 month ago)
都被收编了
Chris Song (1 month ago)
Another business man who founded Alibaba.
pluvs (1 month 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 (1 month 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 (28 days 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 (30 days 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 (1 month ago)
Learn Chinese if you want to make Chinese money. Westerners are hypocrite
xml (1 month ago)
都被共党收编了
MrMentalSoul (1 month 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.
Henning Gu (16 days ago)
Vivo NEX. Oppo Find X?
Jude Lau (24 days ago)
And yet, they're winning.
智原子 (26 days ago)
The Chinese have invented too many things. It’s just that you didn't investigate. The rocket is one of them.
K (26 days ago)
Knock off? Please the West is trying to knock off Wechat's success of QR payments, Android and Apple pay don't even come close. What part of phones like Huawei are knock offs? I don't see any phone right now with 3 dedicated cameras that give 5x hybrid optical zoom or a dedicated night mode that can beat any phone on earth with low light shots?? When Chinese companies add features featured in other phones they get called out on being a knock off but when Apple does it like adding Wireless Charging, OLED displays, edge to edge displays they get away with it. You should grow u
Sainnhe Park (30 days ago)
So stop clone wechat and alipay please, especially e-commerce mode like mobile payment.
David Igandan (1 month ago)
‘Cloned’😂😂
Chris Song (1 month ago)
At first, may be true. But not now.
J DP (1 month ago)
Hahaha "cloned"
World Of Gavin (1 month ago)
First
World Of Gavin (1 month ago)
Cool
陈士杰 (1 month ago)
Tencent has a very close relationship with the Chinese authority, Ma is a running dog of the Chinese Communist Party.
MAN IN BLACK FACE (18 days 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 (28 days ago)
陈士杰 better then a western dog like Taiwan tho , wolf wolf
Aaron Tan (1 month 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 (1 month ago)
As if it is not the same in the west, snowden didnt get exiled for nothing.
C N (1 month ago)
陈士杰 so are Boeing in the US, being actually the weapon
Tyler Barker (1 month 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 (30 days ago)
Tyler Barker do you know English lololol
Champagne Papi (1 month ago)
England just took the L
Link_ 82 (1 month ago)
Hahahha it aint comming home
SBW's Shoulder (1 month ago)
Just like America taking Ls everyday.
DragonPlays (1 month ago)
Bigger L against Belguim

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