Tencent Holdings Ltd - Company Profile
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Business Description
Tencent Holdings Ltd (Tencent) is an internet and technology company. It offers communication and social services, digital content, games, fintech, cloud computing, advertising, and other business services, value added services, interactive entertainment services, and online advertising services.
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R&D Overview
The R&D arm of Tencent focuses on the development of new products and enhancement of existing solutions by harnessing emerging technologies such as artificial intelligence (AI). It focuses on innovation through application of technologies in industries such as industrial, retail, agriculture and medical. The company’s R&D focuses on the development of design and testing of new and improved products. In FY2022, the company incurred expenses of CNY61,401 million on R&D, which as a percentage of revenue, stood at 11.1%.
Business Segments
Overview
Provides cloud services and generate revenue from commissions from payment, wealth management and other FinTech services.
Performance
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Overview
Offers display advertisements, media advertisements, and other advertisements.
Performance
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Overview
Involved in the production and distribution of films and television programs for third parties, merchandise sales, copyright licensing and various other activities.
Performance
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Overview
Offers online games, and social network services.
Performance
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Geographical Segments
Performance
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Performance
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