Empires - An Asian Business Podcast cover image

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

Empires - An Asian Business Podcast

CHAPTER

The Story of Pony Ponyma

AOL bought ICQ earlier and started a witch hunt on companies that violate ICQ's intellectual property. Tencent had their first lawsuit on the National Arbitration Forum in the US, which favored AOL. The co-founders were disheartened but this moment would have been a turning point for them. In April 2000, both IDG and PCCW took a $2.2 million stake for 40% of Ten Cent.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner