30 Jan Tencent CEO Pony Ma asks fintech unit to cede share in payments market to avoid challenging banks
Posted at 13:26h
in Asia
Pony Ma Huateng, founder and chief executive of Tencent Holdings, told employees that the firm’s financial technology unit needs to reduce its share in China’s payments market, as the social media and video gaming giant tries to avoid ruffling the feathers of banks, according...