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Jul 19, 2017 · Zeng's damning appraisal was made at the weekend in a post on WeChat, Tencent’s ubiquitous social media app. Ma and Xu later “liked” the post.
- Meng Jing
Zeng likened LeEco to ITAT, a franchise retailer of international brands that received more than USD100 billion through investments but turned out to be a scam.
- Humble Beginnings: How Did Tencent Start?
- Tencent’s Wechat and Aggressive Acquisition Strategy
- Tencent’s Strategy For Sustainable, High-Quality Growth
- Tencent’s First Economic Challenge and Its Strategy to Overcome It
- Why Is Tencent So Successful?
Tencent was founded in Shenzhen in 1998 by Ma Huateng (also known as Pony Ma), Tony Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing. In its early days, it jumped on enormous opportunities extremely early and pioneered monetization strategies. Tencent’s first steps were uncertain, facing significant challenges with no support. But taking big b...
Tencent’s leadership made another big move to exploit the rise of smartphones and, in 2011, launched a new app: Weixin. Though Weixin struggled to get new users in the beginning due to the lack of key features, it quickly became popular when it released a voice messaging feature. It grew to 100 million users within its first year, so Tencent decide...
In China, brands are transitioning from high-speed growth to high-quality growth. Avoiding the temptation to give a stronger definition of the term, high-quality growth is characterized by short-term growth “that also sets you up for long-term stability and success.” The government is a major influencer of this transition offering guidance on ESG s...
Due to macroeconomic trends, the Chinese gaming and tech industry – Tencent’s core business markets – have taken serious hits in 2022. The Chinese government froze new game approvals in July of 2021 until the first batch of Banhao (game monetization license) approvals in April 2022. Regulations that limited the gaming time of young people also affe...
Tencent’s journey to becoming one of the world’s most valuable companies is a great case study of what it takes to succeed in the tech industry. Despite its bountiful copying habits, Tencent is a tremendously innovative company. Its two highest values are fanghian (convenience) and shunhi(smoothness). Every single Tencent product adheres to these v...
Apr 6, 2021 · Zeng Liqing, worked as the Chief Operating Officer of Tencent since 1999 to 2007. Currently Zeng Liqing is the Advisor Emeritus of Tencent.
- 1998
- Advertising, Gaming, Social Media Marketing
- Shenzhen, China
Jason Zeng holds 2 board and advisor roles as Board of Director at Lyxia China and Board member at Lyxia China.
- Male
- Decent Capital
- Shenzhen, Guangdong
Co-founded Tencent in 1998, Jason has served as Chief Operating Officer from 1999 to 2007. He was responsible for Tencent’s business lines and product portfolios, as well as sales and marketing activities across China. Prior to Tencent, Jason worked at Shenzhen Data Telecommunications Bureau and was familiar with China’s Internet and telecommunications industries. Jason currently […]
Information on investments, active portfolio, exits, fund performance, dry powder, team and co-investors for Liqing Zeng. Use the PitchBook Platform to explore the full profile.
