Mark Ren
Courtesy of Tencent
China
2021

Tencent Holdings

Mark
Ren

COO / President, Interactive Entertainment, Platform & Content Groups

With his segment earning close to $30 billion in gaming revenue for 2020, more than any other company in games, Ren is a star at Tencent. The Chinese tech company owns Riot Games, responsible for esports stalwart “League of Legends,” which in October 2021 released its “Wild Rift” mobile version in China after a 2020 global rollout. It has significant stakes in Epic Games (“Fortnite”) and Krafton (“PUBG”) while operating mobile editions of “Fortnite” and “Call of Duty,” and in 2021 continued to invest in developers like Remedy and Bloober Team while agreeing to acquire Sumo Group. Government regulations restricting youth gaming have spooked investors, resulting in Tencent shares plummeting as much as 40% from a record high earlier in 2021. It’s more important than ever for Ren to ensure Tencent doesn’t slow down, so December’s launch of Level Infinite, a new publishing label from Tencent Games meant to target global audiences, should certainly provide a valuable new revenue stream.

Career

  • Tencent Holdings
  • Huawei

Education

  • University of Electronic Science and Technology of China (China)
  • China Europe International Business School (China)

Variety Honors

  • 2020 Variety500 Honoree
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