Martin Lau
Seppo Samuli/REX/Shutterstock
China
2018

Tencent Holdings Limited

Martin
Lau

President

A Hongkonger with U.S. degrees and a banking career, Lau was recently charged with explaining why Tencent missed analysts’ forecasts, only delivering $6 billion profits in the first half of 2018, and was bumping up against regulators in its gigantic games business. But success on Tencent’s scale — briefly the world’s tenth largest company, valued at over $500 million — has made it a magnet for criticism. Is it a stalking horse for government censorship? Has it become so big it is no longer innovative? Lau takes all comers and strongly rejects the latter accusation while investing in tech, media and retail. He is also seeing return on investment through the IPOs of China Literature, Tencent Music and Chinese ticketing site Meituan Dianping.   

Career

  • Goldman Sachs
  • Tencent Holdings Limited
  • WeChat

Education

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

Variety Honors

  • 2017 Variety500 Honoree
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