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Ma Huateng, founder of Tencent

Ma Huateng, founder of Tencent (Picture 1)


Ma Huateng, Han nationality, born in 1971 in Shantou City, Guangdong Province, is one of the main founders of Tencent. Ma Huateng is currently Chairman and Chief Executive Officer of the Board of Tencent; a representative of the National People's Congress. In 2016, the Hurun Research Institute released the 2016 Hurun Charity List of the Big City, Small Love and Charity Association, and Ma Huateng became the first charity for the first time with a donation of 13.9 billion yuan. On August 7, 2017, Tencent's stock price hit a record high of 320.6 Hong Kong dollars in the intraday, and Ma Huateng became the richest man in China with a value of US $ 36.1 billion. In April 2018, Ma Huateng won the honor of the most influential person in the world of Time Magazine in 2018. On October 25, 2018, Forbes released the 2018 Forbes China 400 Rich List, and Ma Huateng won the second place with a net worth of 32.8 billion. In March 2019, Ma Huateng ranked 20th in the Forbes Global Billionaires List 2019 with a wealth of 38.8 billion U.S. dollars. Ma Huateng, ranked fourth in the 2019 Forbes China Charity List. On September 5, 2019, the Breakthrough Award Foundation and its sponsor, Ma Huateng, and others jointly announced the winners of the 2020 Breakthrough Award and New Vision Award.

Ma Huateng moved from Hainan to Shenzhen with his parents in 1984, and graduated from the Computer Department of Shenzhen University in 1993. In the same year, she entered Shenzhen Runxun Communication Development Co., Ltd. and started research and development of paging system. In 1995, Ma Huateng established the Huiduo Shenzhen Station. In 1998, the practical software concept not only cultivated Ma Huateng's keen sense of the software market, but also made him profitable. Ma Huateng is one of the authors of the popular stock tyrant card. The stock tyrant card developed by him and his friends has been selling well in the SEG electronics market. Ma Huateng also constantly solves software problems for friends' companies. This makes him not only famous in the circle, but also has a considerable primitive accumulation. But his first bucket of gold came from the stock market. His most exciting order was the 100,000 yuan to 700,000 yuan. This laid the foundation for Ma Huateng's independent entrepreneurship.

In 1998, Ma Huateng and his classmate Zhang Zhidong registered a joint venture in Shenzhen Tencent Computer System Co., Ltd. Later, it attracted three shareholders: Zeng Liqing, Xu Chenchen, and Chen Yidan. As a software company that was established without the involvement of venture capital, Ma Huateng and his companions were shocked by every initial expenditure. When deciding to do OICQ, there were already two companies in China at the time, and their products had more market fame than Tencent. Ma Huateng didn't think much, except that this product could mutually promote the company's main business development mobile bureau, paging station, wireless paging scheme and project, and because many companies such as Feihua and CDC at the time were interested in doing instant messaging. Project, the market looks very promising.

During the initial development process, Tencent went through a very important compensation lawsuit: around 1999-2000, OICQ, modeled after ICQ, grabbed a lot of ICQ user groups, especially users in mainland China. Later, ICQ passed the legal channel and finally decided Tencent. Lost the case, stopped using the name OICQ, and returned the OICQ domain name to the ICQ company, and at the same time compensated a certain amount of costs. Since then, Tencent has used the name QQ. In February 1999, after Tencent developed the first "Chinese flavor" ICQ, OICQ, it was welcomed by users, and the number of registrations was extremely long, increasing to tens of thousands in a short period of time. As the number of people increases, we will continue to expand our servers. At that time, the server hosting fee of one to two thousand yuan was overwhelming for the company.

In 2000, the first Internet bubble swept across the entire Chinese Internet, Tencent entered the most difficult period. When facing financial difficulties, it almost sold the ICQ software developed to the Shenzhen Telecommunications Data Bureau for 600,000 yuan, but Eventually failed due to price reasons. The software can't be sold, but the users are growing very fast. The investment required to operate QQ is getting larger and larger. Ma Huateng has to go around to raise money. Ma Huateng started to look for foreign risks with 6 versions and more than 20 pages of business plans. The investment finally met IDG and Yingke Digital, and obtained the first investment. The development of Tencent is gradually on track. On June 16, 2004, Ma Huateng led Tencent to list on the main board of the Hong Kong Stock Exchange.

WeChat is a free application launched by Tencent on January 21, 2011 to provide instant messaging services for smart terminals. It was created by the product team of Tencent Guangzhou R & D Center led by Zhang Xiaolong. WeChat supports the rapid transmission of free voice messages, videos, pictures, and text across communication operators and operating system platforms across the network. At the same time, you can also use the data sharing content and location-based social plug-ins to "shake", " Drift Bottle "," Friends Circle "," Public Platform "," Voice Notepad "and other service plug-ins. As of the second quarter of 2016, WeChat has covered more than 94% of smartphones in China, with 806 million monthly active users, and users in more than 200 countries and more than 20 languages. In addition, the total number of WeChat public accounts of each brand has exceeded 8 million, and WeChat payment users have reached about 400 million.

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