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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

Tencent picks Singapore as Asia hub after India, US bans

October 20, 2020 1:16 pm

Singapore in particular is attracting attention as a regional base for both Western and Chinese corporations because of its advanced financial and legal system, and as Beijing tightens its grip on the city of Hong Kong.

Interesting facts you never knew about Pony Ma, the force behind Tencent

September 07, 2020 8:05 am

Ma Huateng is the founder and CEO of Tencent, one of the largest technology companies in the world. Here are some of the lesser-known facts about China's richest man.

Tencent shares fall over 2% after India bans PUBG game, other mobile apps

September 03, 2020 4:06 pm

The stock traded 2.2 per cent lower at HK$533 in the afternoon, on track to snap two straight sessions of gain.

Tencent plays down WeChat ban after results beat estimates

August 13, 2020 2:21 pm

Tencent Holdings Ltd tried to reassure investors that US President Donald Trump’s ban on its WeChat messaging service may apply only to its overseas operations, suggesting the impact on the world’s largest gaming corporation should be modest.

ByteDance readying assault on Tencent’s Mobile gaming kingdom

January 20, 2020 10:40 am

Bytedance, the world’s most valuable startup has rapidly built a full-fledged gaming division to spearhead its maiden foray into hardcore or non-casual games

Tinder, Netflix and Tencent lead record-break year for apps: AppAnnie

December 17, 2019 12:10 pm

Sony Corp’s Fate/Grand Order took the title as most lucrative game -- and overall app -- of the year. Sea Ltd’s Free Fire garnered the most global downloads, followed by Tencent’s PUBG Mobile.

China releases new rules on game approvals, calls for content vetting

April 22, 2019 2:50 pm

China's press and publication regulator has issued new rules on applications for publishing online games in China, signalling a possible acceleration in the handing out of formal approvals.

China approves third batch of video games; but PUBG-owner Tencent is not on the list

January 22, 2019 12:12 pm

China's broadcasting regulator on Tuesday approved the release of a third batch of video games after a freeze for most of last year. However, the industry-leader Tencent Holdings Ltd is absent from the list of new titles.

Lego teams up with Chinese internet giant Tencent for games, social network

January 16, 2018 2:19 pm

Lego has announced a partnership with Chinese tech giant Tencent, in a collaboration that can be expected to introduce child-centric games and videos, among other projects.

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