Tencent

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Tencent Holdings Ltd.
Native name
腾讯控股有限公司
Téngxùn Kònggǔ Yǒuxiàn Gōngsī
Company typePublic
ISINKYG875721634
IndustryConglomerate
Founded11 November 1998; 25 years ago (1998-11-11)
Founders
HeadquartersTencent Binhai Mansion, Nanshan District, Shenzhen, Guangdong, China
Key people
Products
RevenueDecrease CN¥554.552 billion (US$77.99 billion) (2022)[1]
Decrease CN¥235.706 billion (US$33.15 billion) (2022)[1]
Decrease CN¥188.709 billion (US$26.54 billion) (2022)[1]
Total assetsDecrease CN¥1.578 trillion (US$221.94 billion) (2022)[1]
Total equityDecrease CN¥782.860 billion (US$110.10 billion) (2022)[1]
Owners
Number of employees
112,771 (2021)[1]
Divisions
SubsidiariesSee § Foreign studio assets for game studios
Template:Infobox network service provider
Websitetencent.com
Tencent
"Tencent" in Simplified (top) and Traditional (bottom) Chinese characters
Simplified Chinese腾讯
Traditional Chinese騰訊
Tencent Holdings, Ltd.
Simplified Chinese腾讯控股有限公司
Traditional Chinese騰訊控股有限公司

Tencent Holdings Ltd., also known as Tencent (腾讯), is a Chinese multinational technology and entertainment conglomerate and holding company. They are headquartered in Shenzhen. It is also the largest company in the gaming industry in the world based on its investments.[4]

It was founded in 1998. It owns Riot Games and Tencent Music. It has over 600 investments,[5] including 40% of Epic Games and 4% of Tesla. Tencent has also entered the Artificial Intelligence industry by releasing their AI solution called "Hunyuan" in 2023.[6]

References[change | change source]

  1. 1.0 1.1 1.2 1.3 1.4 1.5 "2022 Annual Report" (PDF). Tencent.com. Retrieved 13 January 2024.
  2. "prosus2021-annual-report2" (PDF). Archived (PDF) from the original on 25 June 2021. Retrieved 12 November 2021.
  3. "TENCENT HOLDINGS LIMITED (700)". 15 September 2023. Retrieved 15 September 2023.
  4. "Top Public Video Game Companies | By Revenue". Newzoo. Retrieved 25 December 2021.
  5. "Tencent grows profits with aggressive investment strategy". South China Morning Post. 16 January 2019. Retrieved 25 December 2021.
  6. "China and Tencent release their Hunyuan AI Solution and Claim it is Comparable to ChatGPT". Cortex Report. 7 September 2023. Archived from the original on 8 September 2023. Retrieved 11 September 2023.