You are on page 1of 1

John Louise P.

Ligutom BSBAFM-3 / MWF-8:00-9:00

1. Ma Huateng Tencent

What type of business she is best known?

One of China's most well-known investors and businessmen is Ma Huateng. Tencent, the most valuable
firm in Asia, one of the greatest internet and technology corporations, and the largest investment in the
world, was founded by him.

2. Strategies implemented.

Tencent is at the forefront of business model innovation by utilizing concurrent product development
and quick launch-test-improve cycles.

3. Study the beginning of Tencent

The challenges it encountered through the years and its journey towards success.

Tencent, which was founded in 1998, released its first product, QQ (an instant messaging service for
PCs), in 1999. The company lost money for its first three years of operation. A South African media
business named "Naspers" acquired 41.6 percent of Tencent's shares in 2001. The business started
dabbling in internet gaming in 2004. The author concluded after examining Tencent's development plan
that the company's success is a result of its innovation and astute development choices. As a result,
Tencent had already encountered several challenges as it began to grow as an imitation-based sector.

4. From the management result driven, practical and inspirational strategies implemented by Ma
Huateng at Tencent, which structs you as something worth imitating; Explain your answer.

Ma Huateng's determination to persevere through life's challenges is what makes him the most
admirable. He came close to failing in his firm numerous times, yet he never once considered giving up.
He gave his company everything he had; on several occasions, it was on the verge of bankruptcy, but he
persisted because he knew deep down that he would succeed because he had a goal in life. He ignored
the bad things that would happen to his business; he never gave up, but the more he worked on it, the
more I admired this successful billionaire and wanted to be like him.

You might also like