Martin Lau Chi-ping, president of Tencent Holdings, left, and Pony Ma Huateng, the company’s chairman and chief executive, preside over a news conference in Hong Kong on March 22, 2017. Photo: Bloomberg

Tencent defends investment spree as core strategy amid venture ‘capital winter’ concerns

  • A total of 122 companies backed by Tencent have achieved private valuations of more than US$1 billion
  • Tencent President Martin Lau defends company’s investment track record
Topic |   Tencent

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Martin Lau Chi-ping, president of Tencent Holdings, left, and Pony Ma Huateng, the company’s chairman and chief executive, preside over a news conference in Hong Kong on March 22, 2017. Photo: Bloomberg
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