According to foreign media reports, Jonathan Lai, an investment executive of Tencent Holdings, left Tencent on Tuesday to join Coatue Management, an American hedge fund, in a similar position.
Tencent executives leave, who is Jonathan Lai? According to the data on LinkedIn, a professional social networking site, Jonathan Lai was the director of investment and business development of Tencent from 20 15 to 20 18, in charge of western investment and strategic partnership, and once led many investment transactions of Tencent's digital entertainment startups.
Tencent's current market value is about $387 billion, making it one of the most productive technology investors in the world. Tencent has several business departments responsible for implementing venture capital transactions. Jonathan Lai 2065 438+05 joined Tencent as the director of Tencent's interactive entertainment business group and worked in the United States.
Tencent representatives have not commented yet. A Coatue spokesman declined to comment.
The team led by Jonathan Lai is responsible for investing in companies in the United States and Europe, and has invested in dozens of companies, including Epic Games, the publisher of the popular game Fortress Night, and Discord, a developer who provides voice chat services for players. Tencent is likely to continue to invest in the west after Jonathan Lai leaves. Tencent's market value has evaporated by about a quarter this year after China regulators imposed new restrictions on the game industry.
Jonathan Lai will soon take office in Coatue, leading the company's investment in private companies and listed companies in the fields of games, music and movies, as well as many enabling technologies.
Tencent executives leave, hoping it won't have much impact on Tencent.