Leaders & Founders

News and interviews with China tech's start-up leaders and founders. 
Tech leaders and founders - South China Morning Post
  1. 1. How did Robin Li build China's largest search engine? He worked for Disney on search and then met Eric Xu, a PhD who had good contacts in Silicon Valley. Learn more 2. Who is Jack Ma? Jack Ma is the billionaire co-founder of e-commerce giant Alibaba and fintech company Ant Group. Learn more 3. What does Xiaomi founder, Lei Jun, spend his money on? Cars and a science park. Learn more 4. Before founding Tencent in 1993, what did Pony Ma do for a living? He developed software for…
  2. Lenovo’s shareholders have given their nod to an initial public offering of Chinese depositary receipts by the world’s largest personal computer maker on Shanghai’s Star Market, in a landmark sale that may encourage more overseas-listed technology companies to follow suit.The plan by Lenovo to issue 1.3 billion CDRs, first announced in January, was approved by 99 per cent of shareholders, according to a filing to the Hong Kong stock exchange. Based on Lenovo’s Wednesday closing price in Hong…
  3. Kuaishou co-founders Su Hua and Cheng Yixiao are set to become two of China’s richest millennials following a US$5 billion initial public offering of their video-sharing app in Hong Kong, joining the ranks of young entrepreneurs who have gained massive wealth from China’s decades-long technology boom.The total valuation of Kuaishou, China’s second-biggest short video platform next to TikTok sister app Douyin, could reach US$61.7 billion after the IPO, which started to receive public…
  4. Pony Ma Huateng, the founder and CEO of Tencent Holdings, is now the second-wealthiest person in China as his company’s market value surged closer than ever to US$1 trillion this week.A nearly 11 per cent jump in Tencent’s stock price on Monday added US$6.9 billion to Ma’s wealth, according to the Bloomberg Billionaires Index. With a net worth of around US$75 billion, Ma ranks only behind Zhong Shanshan, chairman of Chinese bottled water giant Nongfu Spring.Ma is currently richer than Jack Ma,…
  5. Chinese chip makers should focus on developing advanced packaging technologies to overcome their weakness in nanometre process nodes, according to Chiang Shang-yi, the former TSMC R&D director recently recruited by Semiconductor Manufacturing International Corp (SMIC).Chiang, SMIC’s executive director and vice-chairman, said future breakthroughs for the country’s integrated circuit (IC) manufacturing industry would come from advanced packaging techniques that can cram more circuits into smaller…
  6. Tencent-backed video-sharing app Kuaishou Technology said it was looking to expand its monetisation model and reverse losses, having won approval for a US$5 billion to US$6 billion initial public offering in Hong Kong.The Beijing-based company, which is the world’s second-largest such app, said in a filing with the Hong Kong stock exchange late on Friday that its profitability remained uncertain as it continued to struggle to find ways to make money from its huge user base, reach and engagement…
  7. Beijing-based Kuaishou Technology, the world’s second-largest video-sharing app, has won the green light from Hong Kong to raise roughly US$5 billion to US$6 billion, potentially the city’s largest IPO in over a year, a person familiar with the matter said on Friday.The company, in which Tencent Holdings, China’s largest games publisher, owns a 21.6 per cent stake, was cleared by the listing committee of the Hong Kong stock exchange on Thursday night. The nine-year-old company can now launch…
  8. Twitter chief Jack Dorsey backed the messaging platform’s ban of US President Donald Trump, but said on Wednesday it sets a “dangerous” precedent.“Having to ban an account has real and significant ramifications,” Dorsey said in a string of tweets inviting feedback from users.“While there are clear and obvious exceptions, I feel a ban is a failure of ours ultimately to promote healthy conversation.”Trump’s access to social media platforms he has used as a megaphone during his presidency has been…
  9. China telecoms equipment giant Huawei Technologies Co. aims to deploy Harmony OS on 400 million devices in 2021, according to a senior Huawei executive, as the Chinese telecoms giant manoeuvres to survive harsh US technology restrictions.Wang Chenglu, the head of software at Huawei‘s consumer business group, said at a forum on Tuesday that the company’s goal for Harmony OS this year is to install it on over 200 million Huawei devices and over 100 million third-party devices. “Altogether, the…
  10. Lenovo, the world’s largest personal computer maker, is seeking shareholders’ approval to sell Chinese depositary receipts (CDRs) in Shanghai, in a move that further opens the city’s stock exchange for offshore companies to raise capital.The owner of the IBM Thinkpad laptop brand is seeking to issue 1.3 billion new shares, or 10 per cent of its enlarged capital, through CDRs, Lenovo said in a Tuesday announcement to the Hong Kong stock exchange, without specifying the amount raised. Based on…