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Tencent

Tencent Holdings Ltd, a Chinese multinational technology conglomerate, has rapidly ascended to global prominence since its 1998 founding. Headquartered in Shenzhen, the company’s revenue makes it one of the world’s highest-grossing multimedia firms, and its equity investments solidify it...

Tencent Overview

Image Source : Wikipedia
  • Company type Public
  • Industry Technology
  • Founded 7 November 1998
  • Founders Pony Ma, Tony Zhang, Xu Chenye, Charles Chen, Zeng Liqing
  • Headquarters Tencent Binhai Mansion, Nanshan District, Shenzhen, Guangdong, China
  • Key people Pony Ma (chairman, CEO), Martin Lau (executive director, president)
  • Revenue CN¥609.015 billion (US$86.02 billion) (2023)
  • Net income CN¥118.048 billion (US$16.67 billion) (2023)
  • Number of employees 105,417 (2023)
  • Subsidiaries iflix, List of §Video games companies subsidiaries
  • Website www.tencent.com

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Tencent history

Last Updated : 24/03/25, 06:21 PM
Tencent: A Technological Colossus Founded in 1998 by Pony Ma and others, Tencent Inc, initially funded by venture capitalists, rapidly expanded from its messenger service, QQ, overcoming early financial challenges. Naspers' significant investment in 2001 proved pivotal. Its 2004 Hong Kong Stock Exch...

TENCENT NEWS

Logitech and Tencent working on cloud-based handheld console

August 03, 2022 7:49 am

Logitech is collaborating with Tencent to develop a cloud gaming handset that is compatible with Xbox Cloud Gaming and Nvidia GeForce NOW.

Games giant's pitch for global talent: ‘Embrace your inner geek’

May 10, 2022 2:53 pm

NetEase’s rise as a bona fide competitor offers global game builders a second window into the $44 billion Chinese gaming arena.

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Tencent nears deal for smartphone maker in major metaverse push

January 11, 2022 5:52 pm

Alongside global giants like Facebook owner Meta Platforms Inc., China’s largest tech firm is a contender in the race to develop the metaverse.

Remedy partners with Tencent to create a co-op multiplayer game: Vanguard

December 29, 2021 5:37 pm

Vanguard will be free-to-play and released on consoles and Windows PC via a GaaS (Games as a Service) business model.

Tencent acquires Turtle Rock Studios, developer behind Back 4 Blood

December 20, 2021 12:32 pm

The studio, known for its work on co-op zombie shooter games such as the Left 4 Dead series and the more recent Back 4 Blood will now work directly under Tencent.

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Battlegrounds Mobile India: ‘Data shared with third-parties only to enable certain features', says Krafton

June 22, 2021 8:09 pm

Battlegrounds Mobile India was recently allegedly found sending data of Indian players to servers in China belonging to Tencent, the developer of PUBG Mobile.

Why China’s hated tech titan decided to play nice

June 03, 2021 12:29 pm

No longer Public Enemy No. 1, Tencent now enjoys a status akin to an enlightened ruler of an expansive tech empire. A big chunk of the Chinese internet industry now belongs to what’s known as the Tencent ecosystem.

Byju’s buys Aakash for nearly $1 billion

April 06, 2021 4:21 am

This acquisition has become the biggest one by Byju’s, overtaking its previous purchase of online coding training platform WhiteHat Jr for $300 million last year.

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Huawei restores Tencent games to app store

January 03, 2021 9:01 am

The games were removed after Tencent made a “big change” on December 31 to how the companies work with each other, according to an official announcement posted on Huawei’s gaming app. It didn’t elaborate on details of the change.

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Honor of Kings becomes the most popular mobile game globally: Everything to know about it

November 02, 2020 9:46 pm

Here's everything you need to know about Honor of Kings, the world's most popular MOBA game for smartphones.

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