A brief analysis of the capital world of Tencent’s billionaire boss Ma Huateng

Xiao Ma Ge was born in Hainan in 1971. He is a typical post-70s generation. He is an academic master, has a gentle personality and is versatile. He was admitted to the computer science major of Shenzhen University with an excellent score of 739 points.

After graduation, he entered a paging system company for research and development. He was one of the authors of the popular "Stock Master Card" at that time. He was well-known in the circle and also accumulated some original capital.

A few years later, she established Shenzhen Tencent Computer Systems Company with several like-minded friends. There are many coders in the team, and Xiao Ma is very talented and has always been very tolerant of the work and rest schedules of his fellow coders. I learned through friends that in recent years, I found that Tencent’s company provides enough food for three meals a day, and shuttle buses in the morning and evening. The employee benefits are truly amazing!

It’s just that in the early days of the company’s establishment, there was no capital input, and even a little internal expenditure seemed so stretched.

Initially, several members of the team created the predecessor system of QQ together. Due to suspected imitation, the other party took a lawsuit to court, lost the case and paid compensation.

In 2000, due to the Internet bubble, this treasure was almost sold at a low price. Later, as the number of users increased significantly, operating expenses increased sharply but the software could not be sold, so I simply prepared a business plan and looked for venture capital.

At this time, capital stepped forward to help it raise funds and escorted Tencent to be listed on the Hong Kong Stock Exchange in 2004.

Although Tencent is now controlled by foreign capital, Xiao Ma still firmly controls the company's operation and decision-making power. This can be considered a great comfort to us.

Xiao Ma’s foresight is not only reflected in the search for investment targets in a wide range of fields, but also in the exchange of technical support and resources with potential strategic partners.

Talking about the investment field, from 2010 to 2020, the investment field covers entertainment, film production, artist management, tourism, jewelry, car rental, food and beverage, personnel recruitment, clothing manufacturing, medical care, short-format Videos and live broadcasts, etc.

The investment targets are diverse and astonishing, including DST, Huayi Brothers, Didi Dache, Dianping, Wong Lo Kat, Guahao.com, Bilibili, Warner Music, Sogou, and Penguin Pictures , Hailan House, etc.

Reached strategic cooperation with JD.com, transferred its Paipai.com and QQ online shopping to JD.com, and JD.com counter-purchased part of the equity of Yixun.com; cooperated with New Oriental to establish an educational network technology company; established e-commerce with Wanda and Baidu The company; cooperates with Dingxiangyuan in the medical and health field, especially in the prevention and treatment of diabetes projects; cooperates with PICC and Maxson to establish an energy investment fund and takes a stake in Sinopec; cooperates with Bitauto and JD.com and takes a stake in Bitauto.com; and overseas global sports Cooperated with content production company ESPN to introduce event broadcasts and theme reports; cooperated with Google to sign a patent cross-licensing agreement; cooperated with People's Daily Online and Gehua Cable to focus on live broadcast platforms and short video production; cooperated with MediaTek to focus on mobile games AI terminal application; cooperated with People's Education Press to publish AR teaching materials, cloud services, personalized learning and educational platform audio and video materials; signed a contract with Datang Telecom to commit to the cooperative development of 5G technology; and committed to "one chain, three" with East China Medical Technology Cloud" plan. Strategic partners involve cooperation in the same industry and across fields, striving to complement each other's advantages and truly achieve strong alliances to achieve great results.

In addition, Xiao Ma is involved in politics and has close contact with the government. Cooperate with Zhejiang Radio and Television Group to carry out platform, advertising and resource replacement; cooperate with Hong Kong Railway Company to bind WeChat Pay HK and WeChat Pay; sign a contract with Hebei Government on mobile Internet, cloud computing, big data and artificial intelligence Cooperation framework agreement; and even a cooperation agreement in the cultural and creative field with the overseas British Department of International Trade in London.

These are just a small part of Tencent Group’s capital territory, just a drop in the bucket. The gaming industry has made the largest investment and brought the most revenue to the group. The group has invested in various well-known domestic and foreign game companies through mergers and acquisitions, capital increases and share expansions, such as Activision Blizzard, Shanda Games, mobile game company Glu Mobile Inc, and U.S. Game provider Pocket Gems and so on. It is not surprising here that the products in the game field are updated and the big fish eats the small fish.

In recent years, as the country has cracked down on the gaming industry, companies have been fined one after another. Subsequently, many restrictions on online operations were quickly implemented in the field of youth games.

As we all know, China has a lot of room for improvement in the field of chip research and development. In the past two years, there has been a chip famine in China. He actively responded to the national call and took the lead in investing in establishing a chip technology R&D center in Shenzhen.

After all, he reads a lot, has a high IQ, and is quite discerning, so he avoids the troubled financial forums. Recently, it has also actively responded to the national "Community Prosperity" plan, donating a total of 100 billion.

Here, I hope Tencent can appropriately improve the group's industrial structure, focusing less on entertainment and more on education; on foreign investment, and on the development of domestic pillar industries, such as cloud computing and medical technology. Really make due contributions to the economic development of the motherland with the significant advantages of high-tech companies.