Tencent Holdings Ltd - Company Profile
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Tencent Holdings Ltd (Tencent) is a provider of internet services and portals. The company offers various services including communication, information, entertainment, instant messaging services, online media, wireless internet, interactive entertainment, e-commerce, and online advertising services. It provides online trading and payment services and value-added services through its portals. The company is also involved in the production and distribution of films and television programs for third parties, merchandise sales, copyright licensing and various other activities. Tencent offers its services under Tencent Pictures, QQ, WeiShi, QQ Wallet, Q Zone, QQ Browser, Weixin/WeChat and QQMail brands. The company has business presence in North America, Asia-Pacific, Europe, the Middle East, and Africa. Tencent is headquartered in Shenzhen, Guangdong, China.
Tencent Holdings Ltd premium industry data and analytics
Products and Services
Services | Brands |
---|---|
Internet Services | Tencent Esports |
Cloud Computing Services | Tencent Sports |
Advertising Services | Tencent Pictures |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, Tencent Financial Technology signed a partnership with MoneyGram International to make it easy for customers to send funds through MoneyGram Online. |
2024 | Contracts/Agreements | In April, the company along with Ant Group, Baidu partnered with NVIDIA Corp, OpenAI and Microsoft to publish two international standards on generative artificial intelligence and large language models. |
2024 | Plans/Strategy | In March, the company announced its plans to extend its cloud business in Saudi Arabia and UAE. |
Competitor Comparison
Key Parameters | Tencent Holdings Ltd | Baidu Inc | NetEase Inc | Hello Group Inc | Beijing Sinnet Technology Co Ltd |
---|---|---|---|---|---|
Headquarters | China | China | China | China | China |
City | Shenzhen | Beijing | Hangzhou | Beijing | Beijing |
State/Province | Guangdong | - | Zhejiang | Beijing | Beijing |
No. of Employees | 105,417 | 39,800 | 31,119 | 1,705 | 1,148 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Ma Huateng | Chief Executive Officer; Chairman | Executive Board | 1999 | 51 |
John Shek Hon Lo | Senior Vice President; Chief Financial Officer | Senior Management | 2012 | 54 |
Ren Yuxin | President - Interactive Entertainment Group; President - Platform and Content Group; Chief Operating Officer | Senior Management | 2000 | 47 |
James Gordon Mitchell | Chief Strategy Officer; Senior Executive Vice President | Senior Management | 2011 | 49 |
Xu Chenye | Chief Information Officer | Senior Management | - | 51 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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