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Re:Spotify's Beta Used 'Pirate' MP3 Files, Some from Pirate Bay by VectorLock on Friday February 28, 2025 @10:14AM (#43206506)
Damn is that how they got their name? Does Tencent just mean "Ten Percent?"
Re:Spotify's Beta Used 'Pirate' MP3 Files, Some from Pirate Bay by echoangle on Friday February 28, 2025 @11:35AM (#43207512)
Wikipedia says this about the name:

The name "Tencent" is based on its Chinese name Tengxun (Chinese: 腾讯), which incorporates part of Pony Ma's Chinese name (Ma Huateng; 马化「腾」) and literally means "galloping fast information".

So maybe it's just concidence? Their first product was also a messenger software so I don't see why they would name themselves "ten percent". The investing thing came later.