Professional Documents
Culture Documents
Group 7
INTRODUCTION
1. Tencent Holdings Ltd., also known as Tencent, is a Chinese multinational technology conglomerate
holding company.
2. Its subsidiaries globally market various Internet-related services and products, including in
entertainment, artificial intelligence, and other technology. Its twin-skyscraper headquarters, Tencent
Seafront Towers (also known as Tencent Binhai Mansion) are based in the Nanshan District of
Shenzhen.
3. Tencent is the world's largest video game vendor, as well as one of the most financially valuable
companies. It is among the largest social media, venture capital, and investment corporations. Its
services include social network, music, web portals, e-commerce, mobile games, internet services,
payment systems, smartphones, and multiplayer online games.
4. Its services include social network, music, web portals, e-commerce, mobile games, internet
services, payment systems, smartphones, and multiplayer online games. Offerings in China include
the instant messengers Tencent QQ and WeChat, and one of the largest web portals, QQ.com. It also
owns the majority of China's music services (Tencent Music), with more than 700 million active
users and 120 million paying subscribers.
REVENUE
BREAKDOWN
Naspers-28.9% non
voting power
Naspers Limited is a South African
multinational holwith interests in
publishing, online retail and venture
capital investing in the consumer
internet sector.
Pony Ma -8.58%
Tencent CEO
1 3
2 4
It has since then emerged as It has stakes in over 600 companies,
the most valuable publicly and began focusing on tech start-ups
traded company in China, and in Asia in 2017. TechCrunch
among the world's top characterized Tencent's investment
technology companies by strategy as letting its portfolio
market value. startups operate autonomously.
ACQUISITIONS
DATE AMOUNT
July Jan
2021 Tencent acquired the video-on-
demand service iflix in Kuala
2018 Tencent purchased a 12%
stake in Snap Inc in the
Lumpur. open market, with plans to
help establish Snapchat as
a gaming platform
CONTROVERSIES
Censorship
Tencent's WeChat platform has been accused of blocking TikTok videos and the censorship of politically sensitive
content. In December 2019, the Chinese government ordered Tencent to improve the firm's user data rules for its
apps, which regulators regarded to be in violation of censorship rules.
THANK