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)

51.4K

Industries

Internet Software & Services
Consumer 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
Trying to get in touch with decision makers at Tencent Holdings Ltd.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
In The News
The Edge Singapore
October 11, 2021
Tech: How much is Grab worth as a listed SPAC?
South China Morning Post
October 5, 2021
Chinese games set new download and revenue records
South China Morning Post
October 5, 2021
Tech giants open up to UnionPay
Executives & Employees

Co-Founder

President & Executive Director

Senior Vice President & Chief Financial Officer

Chief Operating Officer

Chief Information Officer

Chief Strategy Officer, Senior Executive Vice President

Chairman of Group Marketing & Global Branding

Senior Executive Vice President President of Cloud & Smart Industries Group

Senior Executive Vice President

Board of Directors

Co-Founder at Tencent Holdings Ltd.

President & Executive Director at Tencent Holdings Ltd.

Founder at TCL Technology Group Corp.

Former Director at Tencent Holdings Ltd.

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.

Paths to Tencent Holdings Ltd.
Potential Connections via
Relationship Science
You
Tencent Holdings Ltd.
Owners & Shareholders
Details Hidden

KOEHLER Equities GmbH is a private company headquartered in Stuttgart, Germany, that provides investment advice. The firm was founded in 2016 by René Marius Köhler, he has been the CEO since the company founding.

Details Hidden

Baillie Gifford is an active, team-oriented, research-based manager which is completely focused on delivering long-term returns. The firm’s investment philosophy focuses on growth while their universe is global. They employ bottom-up conviction to portfolio construction. Their diversified strategies maximize investment opportunities, aiming to achieve steady returns. For equities, Baillie Gifford’s analysts conduct qualitative, fundamental analysis to identify the most competitive, innovative and efficient growth companies. For multi-asset strategy, the firm invests in various asset classes such as listed equities, property, high yield credit, commodities, emerging market government bonds and insurance linked securities. For fixed-income, Baillie Gifford invests in government bonds and currencies, emerging market bonds, investment grade and high yield.

Details Hidden

JPMIM seeks to generate positive excess return through both a bottom-up approach emphasizing security selection and a top-down approach focusing on macro investment themes and trends to aid in determining sector weightings, currency, and yield curve weighting where appropriate. The firm offers a broad range of US, non-US and global investment management products and provides different strategies that span the full spectrum of asset classes including equity, fixed-income, cash liquidity, currency, real estate, hedge funds and private equity

Recent Transactions
Details Hidden

Tencent Holdings Ltd. purchases Sogou, Inc. from Sohu.com Ltd.

Details Hidden

Tencent Holdings Ltd., Water Lily Investment Ltd. purchase HengTen Networks Group Ltd.

Details Hidden

Tencent Holdings Ltd. purchases Sumo Group Plc

Transaction Advisors
Legal Advisor

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

Legal Advisor

Advised onTencent Holdings Ltd. purchases Voodoo SAS from Goldman Sachs Capital Partners

Legal Advisor

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

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 Wilson Sonsini Goodrich & Rosati PC

Legal Advisor

Partner at Osler, Hoskin & Harcourt LLP

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

Xiaomi Corp. engages in the design, manufacture and sale of smartphone, hardware and software products. Its business covers power bank, audio, camera and lifestyle. Xiaomi doing business through three business segments-Hardware, E-commerce & New Retail and Internet services. Its products include power bank pro, headphones, in-ear headphones pro, bluetooth headset basic with dock, bluetooth speaker, sphere camera, home security camera, action camera, robot builder, electric scooter, bedside lamp, and body composition scale. The company was founded by Jun Lei, Bin Lin, Wan Qiang Li, Feng Hong, De Liu, Chuan Wang, and Jiang Ji Huang on March 3, 2010 and is headquartered in Beijing, China.

Key Stats and Financials As of 2020
Market Capitalization
$576B
Total Enterprise Value
$715B
Earnings Per Share
$2.43
Debt TEV
0.06x
EBITDAMargin
35.43%
Enterprise Value / Sales
10.28x
Enterprise Value EBITDAOperating
29.02x
TEVNet Income
31x
Three Year Compounded Annual Growth Rate Of Revenue
26.57%
Revenue
$69.5B
Net Profit
$23.1B
Total Equity
$118B
Total Debt
$39.9B
EBITDA
$24.6B
Non-Profit Donations & Grants
Investments
Details Hidden

Beijing Zongqing Xiangqian Technology Co. Ltd. is a Chinese company located in Beijing that develops software solutions. It was founded in 2013 by Peng Shen.

Details Hidden

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.

Details Hidden

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
Details Hidden

Co-Founder & Investor at Frontier Digital Ventures Ltd.

Details Hidden

Founder & Managing Partner at K3 Ventures Pvt. Ltd.

Details Hidden

Former Chief Executive Officer, Founder at Gameforge AG

Suppliers
VNET 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. IT Consulting & 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. Publishing | 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
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Tencent Holdings Ltd.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Tencent Holdings Ltd.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Tencent Holdings Ltd..