Martin Lau
Matti Matikainen/Sipa USA/AP Images
China
2021

Tencent Holdings

Martin
Lau

President

Lau’s business strategy is present around the globe through Tencent’s investments in hundreds of companies, including U.S.-based video game makers Riot Games (100%) and Epic Games (40%). While the company got a reprieve from the U.S. when the Biden Administration officially dropped Trump’s ban on Tencent-owned messaging platform WeChat in June 2021, another executive order calling for security reviews of foreign-owned apps was signed. Tencent has also had to face penalties imposed by the antitrust watchdog in the company’s native China for not properly reporting acquisitions and investments, on top of further regulation imposed on youth gaming in the nation that contributed to a 2% drop in net profits attributable to shareholders in the latest quarter ending September.

Career

  • Goldman Sachs
  • Tencent Holdings
  • WeChat

Education

  • Michigan State University (MI, USA)
  • Stanford University (CA, USA)
  • Northwestern University (IL, USA)

Variety Honors

  • 2017 Variety500 Honoree
  • 2018 Variety500 Honoree
  • 2020 Variety500 Honoree
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News from Variety

Tencent’s Martin Lau Explains China’s Tech Sector Crackdown

Tencent’s Martin Lau Explains China’s Tech Sector Crackdown

Martin Lau, president and executive director of China’s tech and entertainment industry leader Tencent, on Wednesday explained the positive outcome from the maelstrom of new regulation that the Chinese government is currently imposing on the internet.In less than a year, regulators from multiple departments and ministries have besieged the country’s leading private sector companies. Some have been very publicly been cut down to size with fines, another saw its IPO canceled, others have endured pressure and criticism from state media....

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