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Damn is that how they got their name? Does Tencent just mean "Ten Percent?"



Wikipedia says this about the name:

The name "Tencent" is based on its Chinese name Tengxun (Chinese: 腾讯), which incorporates part of Pony Ma's Chinese name (Ma Huateng; 马化「腾」) and literally means "galloping fast information".

So maybe it's just concidence? Their first product was also a messenger software so I don't see why they would name themselves "ten percent". The investing thing came later.




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