Tencent Holdings Ltd.

Tencent Holdings Ltd.

Tencent Holdings Ltd.

Overview
Date Founded

1998

Headquarters

Tencent Binhai Towers,No. 33 Haitian 2nd Road,Nanshan District,Shenzhen, Guangdong 518054

Type of Company

Public

Employees (Worldwide)

62.9K

Industries

Internet Software & Services
Advertising & Marketing
Holding Companies
Computer Software

Company Description

Founded in November, 1998, Tencent has grown into one of China's largest and most used Internet service portal. Since its establishment over the last decade, Tencent has maintained steady growth under its user-oriented operating strategies. On June 16, 2004, Tencent Holdings Limited (SEHK 700) went public on the main board of the Hong Kong Stock Exchange. It is Tencent's mission to enhance the quality of human life through Internet services. Presently, Tencent is providing value-added Internet, mobile and telecom services and online advertising under the strategic goal of providing users with "one-stop online lifestyle services". Tencent’s leading Internet platforms in China – QQ (QQ Instant Messenger), QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay – have brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. As of Sep 30, 2011, the active QQ users accounts for QQ IM amounted to 711.7 million while its peak concurrent users reached 145.4 million. The development of Tencent has profoundly influenced the ways hundreds of millions of Internet users communicate with one another as well as their lifestyles. It also brings possibilities of a wider range of applications to the China’s Internet industry. Looking forward, Tencent remains committed to enhancing its development and innovation capabilities while strengthening its nationwide branding for its long term development. More than 50% of Tencent employees are R&D staff. Tencent has obtained patents relating to the technologies in various areas: instant messaging, e-commerce, online payment services, search engine, information security, gaming, and many more. In 2007, Tencent invested more than RMB100 million in setting up the Tencent Research Institute, China's first Internet research institute, with campuses in Beijing, Shanghai, and Shenzhen. The institute focuses on the self-development of core Internet technologies, in pursuing its development and innovation for the industry. Tencent's long term vision is to become the most respected Internet enterprise. In order to fulfill corporate social responsibilities and to promote civil Internet communities, Tencent has been actively participating in public charity programs. In 2006, Tencent inaugurated the Tencent Charity Fund, the first charity foundation set up by a Chinese Internet enterprise, and the public charity website gongyi.qq.com. The website focuses on youth education, assisting impoverished communities, care for the disadvantaged, and disaster relief. Tencent has currently begun a number of public charity projects across China. It strives to help build a harmonious society and to become a good corporate citizen

Contact Data
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Executives & Employees

Co-Founder

President & Executive Director

Chief Financial Officer, Senior Vice President

Chief Operation Officer

Chief Information Officer

Chief Strategy Officer, Senior Executive Vice President

Chairman of Group Marketing & Global Branding

Senior Executive Vice President President of Weixin Group

Chief Exploration Officer Senior Executive Vice President

President-Cloud & Smart Industries Group, Senior Executive Vice President

Board of Directors

Co-Founder at Tencent Holdings Ltd.

President & Executive Director at Tencent Holdings Ltd.

Chief Executive Officer & Executive Director at South Ocean Holdings Ltd.

Founder at TCL Technology Group Corp.

Chief Executive Officer at CSL Mobile Ltd.

Former Senior Partner at PricewaterhouseCoopers Zhong Tian LLP

Chief Executive Officer at MIH Ltd.

Vice President at Peking University Alumni Association (Hong Kong) Ltd.

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Owners & Shareholders
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FMR may use a variety of methods of security analysis in managing client assets to select investments including fundamental analysis, quantitative analysis and cyclical analysis. They may also use general macro-economic analysis as a component of its security analysis methods. In addition to relying on public financial statement information, the firm may use extensive corporate visits and interviews with issuer management teams in conducting research. When it comes to the management of the client assets according to the investment objectives, FMR may use a variety of investment strategies including, but not limited to, investing in stocks and other public and private equity securities, bonds and other debt securities of all types and repurchase agreements for those securities, real estate related investments of all types, derivatives, currency spot and forward trading, other investment funds, including exchange traded funds and FMR’s or its affiliates’ central funds. They may also engage in securities lending to parties such as broker-dealers or other institutions.

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NBIM is an active, conservative manager with a long-term outlook that aims to achieve the highest possible return on the Government Pension Fund Global within the investment mandate set by the Ministry of Finance, which owns the fund on behalf of the Norwegian people. The ministry determines the fund’s investment strategy, following advice from among others, NBIM and discussions in Parliament. The firm’s mandate defines the investment universe and the fund's strategic reference index. The Ministry of Finance has on a regular basis transferred capital to the fund from the Norwegian state's petroleum revenues. The fund's capital is invested abroad, to avoid overheating the Norwegian economy and to shield it from the effects of oil price fluctuations. The fund invests in international equity and fixed-income markets and real estate. It is invested in most markets, countries and currencies to achieve broad exposure to global economic growth. The investments are to produce a high long-term return. NBIM aims to achieve this this with an acceptable level of risk, as a responsible investor and through an efficient organization.

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Temasek-IM is an active, long-term manager which takes stakes in regional or global companies with significant potential. The firm aims to build companies into profitable operations while promoting sound corporate governance. They do not involve themselves in commercial or operational decisions except to exercise shareholder voting rights and help companies recruit management. Their investment decisions are taken independently of the Singapore Government. Temasek-IM has a long term investment horizon and because they invest off their own balance sheet, they are not constrained by ‘fund life’. As an owner investor, the firm is mostly invested in equities but do not set limits for geographies, sectors, or asset classes. Their global portfolio spans a broad spectrum of industries: financial services; telecommunications, media & technology; consumer & real estate; transportation & industrials; life sciences & agribusiness; as well as energy & resources. Temasek-IM invests in companies based in Singapore, Asia and the OECD countries.

Recent Transactions
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Tencent Holdings Ltd. purchases Iflix Sdn. Bhd.

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purchases Universal Music Group, Inc. from Vivendi SA

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Tencent Holdings Ltd., Mount Emei Investment Ltd. purchase Sumo Group Plc from Perwyn Bidco (UK) Ltd.

Transaction Advisors
Legal Advisor

Advised onTencent Holdings Ltd. purchases 58.com, Inc.

Legal Advisor

Advised onSequoia Capital China Advisors (Hong Kong) Ltd., Mountain Tiger Ltd. purchase Bona Film Group Co., Ltd.

Legal Advisor

Advised onTencent Holdings Ltd. purchases Supercell Oy from SoftBank Group Corp.

Associate

Advised onTencent Holdings Ltd. purchases Supercell Oy from SoftBank Group Corp.

Legal Advisor

Advised onTencent Holdings Ltd. purchases Supercell Oy from SoftBank Group Corp.

Associate

Advised onTencent Holdings Ltd. purchases Supercell Oy from SoftBank Group Corp.

Advisors & Consultants
Legal Advisor

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Legal Advisor

Partner at Osler, Hoskin & Harcourt LLP

Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC

Clients

Carnival Corporation & plc is a global cruise company and one of the largest vacation companies in the world. Our portfolio of leading cruise brands includes Carnival Cruise Lines, Holland America Line, Princess Cruises and Seabourn in North America; P&O Cruises (UK), and Cunard in the United Kingdom; AIDA Cruises in Germany; Costa Cruises in Southern Europe; Iberocruceros in Spain; and P&O Cruises (Australia) in Australia. These brands, which comprise the most recognized cruise brands in North America, the United Kingdom, Germany and Italy, offer a wide range of holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. We also own a tour company that complements our cruise operations: Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Combined, our vacation companies attract 10 million guests annually

PCCW Limited (PCCW) is a Hong Kong-based company which holds interests in telecommunications, media, IT solutions, property development and investment, and other businesses. The Company holds a majority interest in HKT, Hong Kong's premier telecommunications service provider. HKT meets the needs of the Hong Kong public and local and international businesses with a wide range of services including local telephony, local data and broadband, international telecommunications, mobile, and other telecommunications businesses such as customer premises equipment sale, outsourcing, consulting, and contact centers. PCCW also owns a fully integrated multimedia and entertainment group in Hong Kong, which includes a highly successful IPTV operation, now TV. As the provider of Hong Kong's first quadruple-play experience, PCCW offers a range of innovative media content and services across four delivery platforms – fixed-line, broadband Internet access, TV and mobile. Also wholly-owned by the Group, PCCW Solutions is a leading information technology outsourcing and business process outsourcing provider in Hong Kong and mainland China. In addition, PCCW holds a majority interest in Pacific Century Premium Developments Limited, and overseas investments including the wholly-owned UK Broadband Limited

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America, Europe, Australia, and Asia (EEA), Cruise Support, and Tour and Other. The North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. The Europe, Australia, and Asia (EEA) segment comprises of AIDA, Costa, Cunard, P&O Cruises (Australia), P&O Cruises (UK). The Cruise Support segment represents port destinations and private islands for the benefit of its cruise brands. The Tour and Other segment operates hotel and transportation operations of Holland America Princess Alaska Tours. The company was founded in 1972 and is headquartered in Miami, FL.

Key Stats and Financials As of 2019
Market Capitalization
$718B
Total Enterprise Value
$475B
Earnings Per Share
$1.43
Revenue
$54.6B
Debt TEV
0.07x
TEVNet Income
35.14x
Enterprise Value EBITDAOperating
23.88x
Enterprise Value / Sales
8.69x
EBITDAMargin
36.38%
Three Year Compounded Annual Growth Rate Of Revenue
35.42%
Net Profit
$13.5B
EBITDA
$19.9B
Total Debt
$33.2B
Total Equity
$69.8B
Non-Profit Donations & Grants
Investments
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Gamma Gaana Ltd. operates an online music broadcasting platform, which offers free, unlimited, and legal access to music. The company is headquartered in Gurgaon, India.

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Beijing Kuaishou Technology Co. Ltd. is a company headquartered in Beijing, China. The firm develops mobile applications and related software. It was founded by Hua Su.The company says this about itself: Kuaishou Technology develops content sharing platforms and makes content production, distribution, and consumption fast and easy. Our content recommendation system is built on a deep understanding of our users and the content being shared on our platforms every day. Our flagship product, Kuaishou, is China's leading short video sharing and social networking platform that enables users to capture the unique and memorable moments of their everyday lives, and to interact with followers in real-time. Our technology offers users a highly personalized experience and encourages members from all communities to create and discover interesting and dynamic content. Founded in 2011, Kuaishou Technology is headquartered in Beijing with more than 10,000 employees and offices in China, the United States, India and Brazil. Our notable investors include DCM Ventures, Morningside Venture Capital, Sequoia Capital, Temasek Holdings, Tencent and Baidu.

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Guiyang Dongshi Cloud Technology Co., Ltd. engages in the development and operation of an interactive video cloud platform. Its technologies include graphic processing unit virtualization, application container technology, and real-time audio and video encoding and decoding. The company was founded by Ge Xiang Zhang, Rui Xie, and Jia Geng Li in January 6, 2014 and is headquartered in Beijing, China.

Investors
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Co-Founder & Investor at Frontier Digital Ventures Ltd.

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Co-Founder & Managing Partner at Ethos Partners - Singapore

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Founder at Faregames

Suppliers
21Vianet Group, Inc. Computer Software | Beijing, China

21Vianet Group, Inc. is the largest carrier-neutral Internet data center services provider in China. 21Vianet provides hosting and related services, managed network services and cloud computing infrastructure services, improving the reliability, security and speed of its customers' Internet connections through 21Vianet's Internet infrastructure. Customers may locate their servers and networking equipment in 21Vianet's data centers and connect to China's Internet backbone through 21Vianet's extensive fiber optic network. In addition, 21Vianet’s proprietary smart routing technology, BroadEx, enables customers' data to be delivered across the Internet in a faster and more reliable manner. 21Vianet operates in 42 cities throughout China, servicing a diversified and loyal base of more than 1,972 customers that span many industries ranging from Internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises.

Wangsu Science & Technology Co., Ltd. Internet Software & Services | Shanghai, China

Wangsu Science & Technology Co., Ltd. engages in the research and development of internet services and cloud computing. Its business activities include the provision of Internet data center service, content distribution network services, cloud security, and cloud computing. The company was founded on January 26, 2000 and is headquartered in Shanghai, China.

NCSoft Corp. Consumer Services | Seoul, South Korea

NCSOFT is a leading developer and publisher of online games. A gaming powerhouse with a global reach, the company was founded in 1997 in Seoul, South Korea. Today NCSOFT is home to numerous industry-leading franchises, including Aion, City of Heroes Guild Wars, and Lineage. NCSOFT also publishes casual games in some regional markets. With offices in China, Taiwan, Japan, Thailand, the United Kingdom, and the United States, NCSOFT games entertain and delight players around the world.

Awards & Honors
2015
Forbes Asia - Asia's Fab 50 List
Sponsored by Forbes Magazine
Rank #37
2014
Forbes - World's 100 Most Innovative Companies
Sponsored by Forbes Magazine
2014
Forbes Asia - Asia's Fab 50 List
Sponsored by Forbes Magazine
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