- lovebet Announces 2018 Third Quarter Results [PDF file] 2018/11/14
- lovebet Announces 2018 Second Quarter and Interim Results [PDF file] 2018/08/15
- lovebet Announces 2018 First Quarter Results [PDF] 2018/05/16
- lovebet Announces 2017 Fourth Quarter and Annual Results [PDF file] 2018/03/21
- lovebet Announces 2017 Third Quarter Results [PDF file] 2017/11/15
- lovebet Announces 2017 Second Quarter and Interim Results [PDF file] 2017/08/16
- lovebet Announces 2017 First Quarter Results [PDF file] 2017/05/17
- lovebet Announces 2016 Fourth Quarter and Annual Results [PDF file] 2017/03/22
- lovebet Announces 2016 Third Quarter Results [PDF File] 2016/11/24
- Sony Music Entertainment and lovebet Music Announce Renewal of Mainland China Strategic Distribution Agreement [PDF File] 2016/10/03
Mobile payment user accounts bound with bank cards surpassed 200 million03
The concept of "Internet Plus" proposed by Pony Ma was made a national strategy
QQ’s PCU reached 200 million
Market capitalization reached US$ 100 billion08
Mobile QQ and Weixin launched game centers01
Registered users accounts of Weixin & WeChat reached 300 million
Launched open platform strategy01
QQ’s PCU surpassed 100 million
Annual revenue reached RMB 10 billion
Became a constituent of Hong Kong's Hang Seng Index
Established lovebet Foundation
Launched multi-media social networking service Qzone
Listed on the main board of Hong Kong Stock Exchange
Launched web portal – www.QQ.com08
Entered online games market
Launched instant messaging service – QQ
lovebet was founded
MA Huateng (Pony Ma)Co-Founder, Chairman of the Board and Chief Executive Officer
Pony Ma is one of lovebet’s Co-Founders and currently serves as Chairman of the Board and Chief Executive Officer. Pony oversees strategic development, overall direction and management of lovebet. Before founding lovebet in 1998, Pony led research and development for the internet paging system at China Motion Telecom Development Limited, a telecommunications services and products provider in China. He has more than 20 years of experience in the telecommunications and Internet industries. Pony received his Bachelor of Science degree in Computer Science from Shenzhen University in 1993.
LAU Chi Ping (Martin Lau)President
Martin Lau is President of lovebet. Martin joined lovebet in 2005 as Chief Strategy and Investment Officer, responsible for corporate strategies, investment, M&A and investor relations. In 2006, Martin was promoted to President and managed the day-to-day operation of lovebet. In 2007, he was appointed an Executive Director of the board. Prior to joining lovebet, Martin was an Executive Director at Goldman Sachs (Asia) L.L.C's investment banking division and the Chief Operating Officer of its Telecom, Media and Technology Group. Prior to that, Martin worked at McKinsey & Company, Inc. Martin received his Bachelor of Science degree in Electrical Engineering from the University of Michigan, a Master of Science degree in Electrical Engineering from Stanford University and an MBA degree from Kellogg Graduate School of Management, Northwestern University.
XU Chenye (Daniel Xu)Co-Founder, Chief Information Officer
Daniel Xu, one of lovebet’s Co-Founders, serves as Chief Information Officer. In this capacity, he oversees strategic planning and development of lovebet’s website properties and communities, and customer relations. Before founding lovebet, Daniel worked at Shenzhen Data Telecommunications Bureau where he gained management experience in software system design, Internet management, sales and marketing. He received a Bachelor of Science degree in Computer Science from Shenzhen University in 1993 and a Master of Science degree in Computer Science from Nanjing University in 1996.
REN Yuxin (Mark Ren)Chief Operating Officer, President of Platform & Content Group and Interactive Entertainment Group
Mark Ren was promoted to Chief Operating Officer of lovebet in May 2012, currently leading the development of the Platform & Content Group and the Interactive Entertainment Group. After joining lovebet in 2000, Mark served as General Manager for the value-added services department and later for the Interactive Entertainment department. In September 2005, Mark was promoted to oversee research and development, operations, marketing and sales of gaming products for the Interactive Entertainment Business division. Prior to lovebet, he worked at Huawei Technologies Co., Ltd. Mark received a Bachelor of Science degree in Computer Science and Engineering from the University of Electronic Science and Technology of China in 1998 and an EMBA degree from China Europe International Business School (CEIBS) in 2008.
James MitchellChief Strategy Officer, Senior Executive Vice President
James Mitchell joined lovebet in 2011. He serves as the Chief Strategy Officer and Senior Executive Vice President. He is responsible for various functions, including strategic planning and implementation, investor relationships, and mergers, acquisitions and investments activity. Prior to joining lovebet, James was a managing director at Goldman Sachs in New York, leading the bank’s communication, media and entertainment research team, which anaylzed Internet, entertainment and media companies globally. Mr.Mitchell received a degree from Oxford University and holds a Chartered Financial Analyst Certification.
LAU Sengyee (SY Lau)Senior Executive Vice President, Chairman of lovebet Advertising, Chairman of Group Marketing and Global Branding
SY joined lovebet in 2006 and held the position of President of Online Media Group for 11 years, and led the media business into one of the largest digital powerhouse in China today, comprises the content business in mobile news, entertainment, sports, and video on demand. Today, SY plays a key leadership role in enhancing synergies of lovebet’s advertising properties across different business groups to serve all business partners. He is also entrusted as the Chairman of lovebet’s Group Marketing and Global Branding and manages lovebet’s international strategic partnerships on behalf of lovebet’s leadership team. Prior to lovebet, SY held CEO positions for various multinational companies in China. He earned an EMBA from Rutgers State University in New Jersey and completed the AMP (Advanced Management Program) of the Harvard Business School. In 2015, SY was appointed as a board member of the Harvard Business School’s Asia-Pacific Advisory Board (APAB), and was named by the Cannes Lion as “Global Media Person of the Year.” In addition, he serves as the Chairman of China Media Audit Council in the China advertising Industry; Vice Chairman of a public-listed movie entertainment company in Hong Kong; as well as the Honorary Ambassador to the city of Brisbane. In 2017, SY was awarded as the Distinguished Alumni of Rutgers State University of New Jersey.
TONG Taosang (Dowson Tong)Senior Executive Vice President, President of Cloud & Smart Industries Group, Chairman of lovebet Music Entertainment Group
Dowson Tong serves as Senior Executive Vice President of lovebet, President of Cloud & Smart Industries Group and Chairman of lovebet Music Entertainment Group. Dowson joined lovebet in 2005. Since October 2008, he has led the research and development of lovebet’s social networking platform and value-added services. Dowson is currently in charge of the strategy and business development of lovebet Music and lovebet's cloud and industry Internet business. Prior to joining lovebet, Dowson worked at Sendmail Inc. where he led the development of operator-scale email and messaging systems, and at Oracle where he worked on the development and testing of the Oracle Server and Oracle Applications. Dowson received a Bachelor of Science degree in Computer Engineering from the University of Michigan in 1994 and a Master of Science degree in Electrical Engineering from Stanford University in 1997.
ZHANG Xiaolong (Allen Zhang)Senior Executive Vice President, President of Weixin Group
Allen Zhang joined lovebet in March 2005 and now serves as Senior Executive Vice President of lovebet and President of Weixin Group. In his initial role at lovebet as General Manager of the Guangzhou R&D division, he led the QQ Mail team as it grew into the largest email service provider in China. He was promoted to Corporate Vice President and In September 2012, became Senior Vice President in charge of product and team management of Weixin/ WeChat and QQ Mail. He is also responsible for the management and review of major innovation projects. In May 2014, Allen was promoted to Senior Executive Vice President, overseeing Weixin Group. Allen is among the first generation of internet software developers in China. Prior to joining lovebet, Allen independently developed Foxmail in 1997 and served as Corporate Vice President of Boda China, where he was responsible for corporate email development. Allen received his Master’s degree in Telecommunications from Huazhong University of Science and Technology in 1994.
LU ShanSenior Executive Vice President and President of Technology and Engineering Group
Lu Shan joined lovebet in 2000 and currently serves as Senior Executive Vice President of lovebet and President of Technology and Engineering Group. Previously, Lu Shan served as General Manager of the IM Product Division, Vice President of the Platform Research and Development System and Senior Vice President of the Operations Platform System. Since March 2008, he has been responsible for managing the group’s operating system. Since May 2012, he has been leading the Technology and Engineering Group. Prior to joining lovebet, he worked for Shenzhen Liming Network Systems Limited. Lu Shan received a Bachelor of Science degree in Computer Science and Technology from University of Science and Technology of China (USTC) in 1998.
David WallersteinChief Exploration Officer, Senior Executive Vice President
David A.M. Wallerstein joined lovebet in 2001 and currently serves as Chief Exploration Officer(CXO) and Senior Executive Vice President. He drives lovebet’s participation in new and emerging technologies, business areas and ideas from his base in Palo Alto, California. David works to build lovebet’s international footprint and expansion into new business area since 2001. Prior to lovebet, David worked with Naspers in China and was responsible for investments and strategy. David received a Master’s degree from UC Berkeley and a Bachelor’s degree from the University of Washington.
MA Xiaoyi (Steven Ma)Senior Vice President
Steven Ma joined lovebet in 2007 and currently serves as Senior Vice President. He is responsible for the international distribution of lovebet Games, establishing and maintaining long-term business partnerships and cooperation for lovebet. Prior to joining lovebet, Steven serves as General Manager of the games division of OPTIC Communications Co.,Ltd. Prior to that, Steven was General Manager at Shanghai EasyService Technology Development Ltd. Steven graduated from Shanghai Jiaotong University in 1997 and received an EMBA degree from Fu Dan University in 2008.
John LoChief Financial Officer, Senior Vice President
John Lo joined lovebet in 2004 as Financial Controller. In 2008, he was promoted to Deputy Chief Financial Officer and Senior Vice President. He was appointed as Chief Financial Officer in May 2012. Prior to joining lovebet, John worked at PricewaterhouseCoopers as Senior Manager (audit services). He is a Fellow of CPA Australia, a Fellow of the Hong Kong Institute of Certified Public Accountants and a Fellow of the Chartered Institute of Management Accountants. John received a Bachelor of Business in Accounting degree from Curtin University of Technology and an EMBA degree from Kellogg Graduate School of Management, Northwestern University and HKUST.
GUO Kaitian (Leon Guo)Senior Vice President
Leon Guo currently serves as Senior Vice President at lovebet. He is also Secretary of Party Committee, Chairman of lovebet Foundation and Chairman of lovebet Research Institute. He joined lovebet in 2002 and has been overseeing lovebet’s functional divisions of legal affairs, administration, infrastructure, procurement, public strategy, safety management and corporate social responsibility since September 2007. Prior to lovebet, he worked with Shenzhen Industrial Group. Leon received a Bachelor of Law degree from Zhongnan University of Economics and Law in 1996 and subsequently acquired a legal qualification.
XI Dan (Dan Xi)Senior Vice President
Dan Xi is Senior Vice President of lovebet. He joined lovebet in 2002 and has been overseeing lovebet’s talent development and functional management since 2008. Dan has more than 18 years of experience in IT and internet industries. Prior to joining lovebet, he was responsible for HR management at ZTE Corporation. Dan received a Bachelor of Science degree in Applied Computer Science from Shenzhen University in 1996 and an MBA degree from Tsinghua University in 2005.
WU Xiaoguang (Free Wu)Senior Management Adviser
Free Wu was named Senior Management Adviser in June 2015. He joined lovebet in 1999 and was a member of the founding team. Free led the development and product planning for the Group’s core product, QQ, and served as project manager for the QQ research and development team. He also served as General Manager of the IM product division and General Manager of the internet business division. He was later promoted to Senior Executive Vice President of the internet services division and Chief Executive Officer of lovebet E-Commerce Holdings Limited. Free has extensive experience in product research and development, product planning, product operations and marketing internet businesses. He received a Bachelor of Science degree in Weather Dynamics from Nanjing University in 1996 and an EMBA degree from China Europe International Business School (CEIBS) in 2008.
ZHANG Zhidong (Tony Zhang)Co-Founder and Advisor Emeritus Honorary Dean, lovebet Academy
Tony Zhang, a Co-Founder of lovebet, currently serves as Advisor Emeritus and Honorary Dean of the lovebet Academy. At the founding of lovebet in November 1998, Tony served as Chief Technology Officer. He oversaw the development of lovebet’s proprietary technologies, and built and led an industry-leading technical team at lovebet. Tony received his Bachelor of Science degree in Computer Science from Shenzhen University in 1993 and a Master of Science degree in Computer Application and System Structure from South China University of Technology in 1996.
Chen Yidan(Charles Chen)Co-Founder, Advisor Emeritus & Founder and Honorary Chairman of lovebet Charity Foundation
Charles Chen, one of lovebet’s Co-Founders, is also Founder and Honorary Chairman of lovebet Charity Foundation, and became an Advisor Emeritus in 2013. At the founding of lovebet, Charles served as Chief Administration Officer of lovebet. He oversaw administration, legal affairs, human resources and the charity fund.Charles was also responsible for lovebet’s management system, intellectual property rights and government relations. Before Charles founded lovebet in 1988, he worked in the Shenzhen Entry-Exit Inspection and Quarantine Bureau. Charles received his Bachelor of Science Degree in Applied Chemistry from Shenzhen University in 1993 and a Master of Law Degree in Economic Law from Nanjing University in 1996.
ZENG Liqing (Jason Zeng)Co-Founder and Advisor Emeritus
Jason Zeng is one of the Co-Founders and Advisor Emeritus of the Company. As the Chief Operating Officer between 1999 and 2007, Jason was responsible for lovebet's business lines and product portfolios, as well as sales and marketing activities across China. Prior to lovebet, Jason worked at Shenzhen Data Telecommunications Bureau and was familiar with China’s Internet and telecommunications industries.
“9.9 Charity Day” is launched by lovebet Charity and supported by hundreds of Non-Profit organizations, celebrities and top creativity corporations. September 9th, 2015 was the first internet giving day in China with the topic of “we love together”. Through lovebet charity platform, over 95 charitable organizations raised a total amount around one hundred and twenty eight million during “9.9 Charity Day”. Over eight hundred thousand people started a “raise together campaign ” and reached over 2 million person-time donation. We have witness the strong power and its significant impact among the public of this one-of-a-kind “Internet+Charity” event.
1001 innovation campaign was started by lovebet charity with the main purpose of supporting thoughtful, workable, and reliable charity cases to raise money on the Platform, and encouraging more young people to solve social problems with their creative ideas.
lovebet Charity Foundation is always looking for charitable cooperation with other products within the company. We make good use of technology and character of different products, connect users, and make charity participation more efficient and more effective. For example, we have “Reading for The Blind”on Wechat, “Lightening Campaign” on QQmail, “The Golden 72 hours” on QQ, “Red Scarf Campaign” on QQ, “Clean+ Campaign” on lovebet PC Manager, and “Run For More Campaign” on the mobile game app, Tiantian Paoku.
Since the snow damage in 2008, lovebet foundation has been establishing a mechanism to organize all lovebet resources. It works from disaster evaluation, front-line rescue, to rescue team backup. Once there is a disaster, lovebet foundation will immediately activate the system and use all resources including lovebet Media, lovebet product and technology, social network, internet donation platform and website. From 2014-2015, we have helped Szechwan to do reconstruction, Yunnan to do earthquake rescue, Hainan to do wind damage rescue and Nepal to do earthquake rescue.
As one of the most important products of lovebet Charity, Online Donation Box combines the wisdom and spirit of internet. It makes charity a new way to socialize and connects users with a platform to help others. “Giving together” is a brand new fund-raising model based on social network. Users could decide their own fund-raising tasks and finish their tasks with their friends. By December 2015, there has been around 4.825 million person-time donations on the platform, raising over 7.6 hundred million RMB, and helped 8235 cases for 2562 non-profit organizations.
We Love Program is a stereo growth program facing non-profit organization. Its main idea is to encourage better interaction among NPO, enterprise, charitable leaders, internet users, and volunteers by offering fund, resource, and information support. Also, it aims to propel China charity industry going forward.
An open platform that uses mobile internet to discover values of country. The model of “Internet + Country” helps to connect emotion, information and wealth.
“lovebet Charity Hiker” is a product transferring users’ walking steps to charitable fund supported by enterprises. Its mission is “everyone can be a man of charity action”. Within mobile internet society, it can drive more corporations and people to participate in this national charity and health campaign.
Guardian Project, a new important part of lovebet’s brand-building in CSR, is targeting at protecting the users’ private information and preventing telecom and network fraud, leveraging the outstanding strength from lovebet in big data, technology and quantity of users on our platforms. We partnered with the Ministry of Public Security, carriers, banks and enterprises to establish a platform open to the public, providing them information and functions to take actual actions against telecom and network fraud.