In the news:
China's Tencent reports 41% on-year rise in Q2 net income - Women prefer to play mobile games. China's Tencent sees an opportunity - Tencent posts better-than-expected 47% profit surge as games, AI tools shine - Tencent challenges Amazon and Microsoft's cloud dominance by tapping into its WeChat ecosystem - Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race - Tencent's quarterly results fall short on weak China consumption - Tencent, Visa partner on palm-based authentication in Singapore - Tencent renews partnership with Bosch for deeper smart car collaboration - ByteDance founder tops China's rich list for the first time, beating Tencent and Nongfu heads - Chinese tech giants Tencent and Alibaba break digital wall with Taobao, WeChat integration
Tencent
Key facts
- city: Shenzhen
- country: China
- sector: Communication Services
- foundation year: 1998
- industry: Interactive Media & Services
- CEO: Huateng Pony Ma
Classified as: organization
Summary
Tencent is a company. It is located in Shenzhen, China and was founded in 1998. The company is part of the Communication Services sector, specifically in the Interactive Media & Services industry.
Business
Tencent is one of the companies in China, companies in Interactive Media & Services, companies in Communication Services and 3,466,499 companies in our database.
- Assets: 233B $
- Debt: 49B $
- Employees: 116,213 people
- Free cash flow: 10.6B $
- Market cap: 369B $
- Profits: 32.5B $
- Revenues: 81B $
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Talking Points:
- Tencent 腾讯
- Tencent uses technology to enrich the lives of Internet users.
- Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. n addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.
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