Tencent donates big to charity

Pony Ma says that mobile tech and social networks enable everyone to participate

Pony Ma, chief executive officer and a co-founder of Chinese internet giant Tencent Holdings Ltd, pledged to donate 1 to 2 percent of the company's annual profit to charity and make donations part of people's daily lives via the internet and other technologies.

Ma said at a recent forum in Hong Kong that the five founders of Tencent had wondered how to leverage the influence of the company's large number of users and the wealth it creates to do more for society when the company shifted from the phase of survival to development, about six or seven years after it was started.