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Tencent (CN) | A Carp Swims Up the River | 1

Empires - An Asian Business Podcast

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The Legend of Ponyma

In Chinese mythology, the dragon is an omnipotent being blessed with the best of all 11 animals on the zodiac. In August 1998, Ponyma was wandering the streets of Guangzhou, somewhat dead inside. He had joined a successful pager maker company, rising swiftly to middle management and multiplying his salary by eight times. Tencent at the time was still called Tengxun, the first character alluding to Ponyma's name and the second meaning speed and information. As Ponyma approached the posting board, he found a familiar name ICQ - it came to him in an instant.

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