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Along with four other classmates, Ma Huateng went on to co-found Tencent in 1998. The company's first product came after Ma participated in a presentation for ICQ, the world's first Internet instant messaging service, founded in 1996 by an Israeli company. [32]
How did Ma Huateng start Tencent? Ma Huateng co-founded Tencent in 1998 with four friends from Shenzhen University. The company initially focused on providing internet-based services before expanding into various tech sectors.
5 days ago · Ma Huateng (born October 29, 1971, Chaoyang, Guangdong province, China) is a Chinese business executive who cofounded the Internet company Tencent Holdings in 1998 and is Tencent’s CEO.
In the early 2000s, Ma took the strategic step of expanding Tencent's portfolio and entering the online games market. By 2004, Tencent had become the largest Chinese instant messaging service, capturing 74 per cent of the market. This prompted Ma to list the company on the Hong Kong Stock Exchange.
Ma Huateng, also known as Pony Ma, is the chairman of Chinese internet giant Tencent Holdings. Tencent's popular social messaging app WeChat has more than 1.3 billion users.
- Chairman And CEO
Ma co-founded Tencent in November 1998 together with college classmate Zhang Zhidong. The firm’s first product was instant messaging software similar to AOL's ICQ. Initially, the product was named OICQ but was later changed to QQ.
Mar 21, 2024 · In 1998, Ma Huateng founded Tencent, a company that would grow to become one of the world’s largest tech conglomerates. The early days of Tencent were marked by uncertainty and challenges, but Ma’s leadership was pivotal in steering the company toward success.
