Ma Huateng, also known as Pony Ma is a Chinese business magnate, investor, philanthropist, engineer, internet and technology entrepreneur.
He is the founder and CEO of Tencent, which is Asia’s most valuable company and the biggest investment, gaming and entertainment conglomerates in the world.
Tencent’s most widely used product is WeChat, the largest instant messaging platform in the world, used by 48% of all Internet users.
Ma Huateng has been recognised by Time magazine, Forbes and Fortune as one of the most influential business leaders in the world.
He has been compared to Warren Buffet as opposed to Jack Ma for his low profile style and aggressive investment strategy.
As of 2018 he is China’s richest man with an estimated net worth of $42.4 billion.
Below are the best quotes by Ma Huateng. Hope you take away some valuable insights.
10 Ma Huateng Quotes
1. “Wealth won’t give you satisfaction; creating a good product that’s well received by users is what matters most.” – Ma Huateng
2. “On all open platforms, regardless of whether it’s Facebook or the Apple App Store, the largest segment is entertainment and games. It’s the largest revenue segment. And it’s the same for Tencent.” – Ma Huateng
3. “In America, when you bring an idea to market, you usually have several months before competition pops up, allowing you to capture significant market share. In China, you can have hundreds of competitors within the first hours of going live. Ideas are not important in China – execution is.” – Ma Huateng
4. “The leader of the market today may not necessarily be the leader tomorrow.” – Ma Huateng
5. “You need to have extraordinary wisdom to be the forerunner.” – Ma Huateng
6. “I think every Internet user likes personalization.” – Ma Huateng
7. “At Tencent, we may be businessmen, but we are still chasing our IT, our science. We are still striving to create something really cool, trying to create things we couldn’t even imagine without our new technologies. I am still clinging to this enthusiasm.” – Ma Huateng
8. “It’s difficult for any single company to develop all the applications and services.” – Ma Huateng
9. “I think Steve Jobs is my idol.” – Ma Huateng
10. “Think of yourself as an insensitive, nitpicking, irritable fool to use the product.” – Ma Huateng
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