Tencent

Shenzhen, China Founded: 1998 • Age: 28 yrs Listed
Value-added internet, mobile, and telecom services are provided in China.

About Tencent

Tencent is a company based in Shenzhen (China) founded in 1998 by Yidan Chen, Xu Chenye, Charles Chen, Tony Zhang Zhidong, Ma Huateng, and Zeng Liqing. Tencent has raised $220 thousand across 6 funding rounds from investors including Prosus, CPP Investments and Remedy Entertainment. The company has 110,560 employees. Tencent has completed 44 acquisitions, including 10 Chambers Collective, 1C Entertainment and Amer Sports. Tencent operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Shenzhen, China
  • Employees 110,560
  • Founders Yidan Chen, Xu Chenye, Charles Chen, Tony Zhang Zhidong, Ma Huateng, Zeng Liqing
  • Stage Public
  • Website category Computers Electronics and Technology
  • Website tencent.com
  • Social LinkedIn X YouTube
  • Legal Name Tencent Holdings Ltd
Key Metrics
  • Annual Revenue
    $92.17 B (USD)
    6.38
    as on Dec 31, 2024
  • Net Profit
    $27.09 B (USD)
    65.28
    as on Dec 31, 2024
  • EBITDA
    $35.77 B (USD)
    17.3
    as on Dec 31, 2024
  • Total Equity Funding
    $220K (USD)

    in 6 rounds

  • Latest Funding Round
    $16.73M (USD), Post-IPO

    Sep 2024

  • Investors
    Prosus

    & 5 more

  • Employee Count
    110,560
  • Investments & Acquisitions

Apps and channels of Tencent

its YouTube channel Tencent Global has 75.1K subscribers and 30 videos.

Tencent Global
YouTube 75.1K subscribers 30 videos Science & Technology
Open channel

Videos from Tencent

The most watched videos on Tencent's YouTube channel, Tencent Global (75.1K subscribers). Click a video to play it here.

How AI Is Helping Protect the World's Most Elusive Big Cat
1.6M views
Mentor Inspires Students to Tackle Air Pollution | Weixin Innovation Challenge
1.5M views
Senior Gamers Redefine Aging
1.5M views
99 Giving Day: Making Philanthropy Smarter, Transparent, and Everyday
1.4M views

More on Tencent Global.

Funding Insights of Tencent

Tencent has successfully raised a total of $220K across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $16.73 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $220,000
  • Total Rounds 6
  • Last Round Post-IPO β€” $16.73M
  • First Round $220,000

    (Apr 2000)

  • Investors Count 6

All 6 funding rounds of Tencent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$16.73MPost-IPO––
Apr 2019$6.5BDebt – Conventional––
–
Jun 2018–Post-IPO––
Jun 2018–Debt – Conventional––
Jun 2016–Post-IPO––
Apr 2000$220,000Series A–PCCW, Prosus
–
Valuation history

6 investors in total: 6 institutional.

Investors in Tencent

Tencent has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Prosus, CPP Investments and Remedy Entertainment.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Tech companies are invested in by this venture capital firm.
1997prosus.comAmsterdam, Netherlands
Venture capital firm
–idgcapital.comNew York, United States
Diversified operations are conducted across multiple industries globally.
1950lippogroup.comIndonesia
Pension fund assets are managed for sustainable long-term growth.
1997cppinvestments.comToronto, Canada
Provider of Telecommunications Equipment and Services
1979pccw.comHong Kong, China
Story-driven action games are developed for PC and consoles.
1995remedygames.comEspoo, Finland
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Investor details for Tencent

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People of Tencent

333 people are tracked at Tencent (123 in leadership, 9 in board & advisors, 201 in team); the tracked headcount is 110,560.

NameRoleGroup
Yidan Chen
Co-FounderLeadership
Xu Chenye
Co-FounderLeadership
Charles Chen
Co-FounderLeadership
Tony Zhang Zhidong
Co-FounderLeadership
Ma Huateng
Co-Founder & CEOLeadership
Zeng Liqing
Co-FounderLeadership
Danying Ma
Managing DirectorLeadership
Rui Hao
Managing DirectorLeadership
Pony Ma
Co-Founder & CEOLeadership
Martin Lau
Executive Director & PresidentLeadership
Daniel Xu
Co-Founder & CIOLeadership
Dowson Tong
Senior EVP & President, Cloud & Smart Industries Group & Chairman, Tencent Music Entertainment GroupLeadership
James Mitchell
Senior EVP & Chief Strategy OfficerLeadership
Allen Zhang
Senior EVP & President, Weixin GroupLeadership
Lu Shan
Senior EVP & President, Technology & Engineering GroupLeadership
Stephane Decroix
Head Of Tencent NetherlandsLeadership
Emma Richards
Head Of Communications EuropeLeadership
Danying
Managing DirectorLeadership
Mengxi du
DirectorLeadership
David Littman
Director, Venture LabLeadership

313 more people are available in the full profile.

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Complete people profiles for Tencent

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IPO & Listings of Tencent

Tencent is a publicly listed company on the HKEX with ticker symbol 700 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date05 Nov 2008
  • Listed onOTCMKTS: TCEHY
  • Listed entityTencent Holdings Ltd
  • Exchange sectorTechnology services
  • ISINKYG875721634
  • Share price425.80 HKD (+0.24% on the day) · 2026-10-12
  • Market capitalisation3,827,391,056,423.00 HKD
  • Price to earnings15.0
  • EPS (diluted, trailing year)28.42 HKD
  • Dividend yield1.25%
  • Volume (last session)14,011,738

Financials of Tencent

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025815.31B HKD243.85B HKD336.83B HKD
2024715.87B HKD210.42B HKD277.77B HKD
2023672.96B HKD127.31B HKD236.80B HKD
2022644.88B HKD218.90B HKD190.67B HKD
2021675.06B HKD270.96B HKD208.62B HKD
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Detailed financial statements for Tencent

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Tencent

Tencent has strategically engaged in corporate development activities, having acquired 44 companies. Notable acquisitions include 10 Chambers Collective, 1C Entertainment and Amer Sports.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
PC and mobile core genre games are developed and offered.
nexongames.co.krSeoul, South Korea2013Jun 2025β€’β€’β€’β€’
Online platform for streaming internet radio, audiobooks, and more
ximalaya.comShanghai, China2012Jun 2025$2.4B
Two-dimensional video games are developed for cognitive enhancement.
kurogames.comAdmiralty, China2014Nov 2024β€’β€’β€’β€’
Electronic products and accessories are retailed through online channels.
guangzhouyinzhixininformationtechnology.tcc.modeGuangzhou, China2024Jul 2024β€’β€’β€’β€’
Video games development studio offering role-playing games
dongtaiyunpengcultureco.tcc.mode–0Feb 2024β€’β€’β€’β€’
MMO-based fantasy role-playing games are developed in Beijing since 2009.
wangyuan.comBeijing, China2009Feb 2024β€’β€’β€’β€’
Provider of gaming development services
visual-arts.jpOsaka, Japan1991Jul 2023β€’β€’β€’β€’
Techland is engaged in developing and publishing video games.
techland.netOstrow Wielkopolski, Poland1991Jul 2023β€’β€’β€’β€’
Performance analytics and improvement tools are offered to competitive gamers.
mobalytics.ggSanta Monica, United States2016Jun 2023$55M
Developer and publisher of PC and console video games
leyoutech.com.hkAdmiralty, China2011Jun 2022β€’β€’β€’β€’
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Complete acquisition details for Tencent

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Timeline of Tencent

14 dated milestones of Tencent across 27 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tencent is founded.
  2. Funding First funding round of $220K.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires Leyou Tech.
  5. Acquisition Acquires Mobalytics.
  6. Acquisition Acquires Techland.
  7. Acquisition Acquires Visual Arts.
  8. Acquisition Acquires Wangyuan.
  9. Acquisition Acquires Dongtai Yunpeng Culture.
  10. Acquisition Acquires Guangzhou Yinzhixin Information Technology.
  11. Funding Latest funding round, Post-IPO, of $16.7M.
  12. Acquisition Acquires Kuro Games.
  13. Acquisition Acquires Ximalaya.
  14. Acquisition Acquires Nexon Games.

Competitors of Tencent

Tencent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ust.com.tw1998Taiwan––
High-quality office furniture is provided by UST for various needs.
genpact.com1997New York, United States–129,140
Provider of end-to-end business process outsourcing services
ionos.com1988Chesterbrook, United States$19.5M134
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
accenture.com1989Dublin, Ireland–29
IT and management consultancy services are provided globally.
nttdata.com1967Koto, Japan–4
Application development, cloud, cybersecurity, and business intelligence services are provided.
mavenir.com2005Richardson, United States$105.36M363
Multi-access edge networking computing platform is provided for mobile services.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
endava.com2000London, United Kingdom–12,063
Endava is engaged in digital transformation and AI-driven solutions.
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Detailed competitors of Tencent

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Web traffic of Tencent

The website of Tencent (tencent.com) receives about 49.7M visits a month and ranks #928 among all websites worldwide, #188 in Computers Electronics and Technology.

  • Monthly visits
    49.7M

    ▲ 1% vs previous month

  • Unique visitors
    10.5M

    per month

  • Global rank
    #928

    among all websites

  • Category rank
    #188

    Computers Electronics and Technology · Computers Electronics and Technology

Similar websites

Websites whose visitors overlap most with Tencent. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cnblogs.com
100%
–#6,040View details
zte.com.cn
97%
2M#18,703View details
jianshu.com
96%
1.7M#43,737View details
aliyun.com
aliyun.com
93%
–#1,154–
juejin.cn
92%
6.1M#9,818View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Tencent

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Latest news on Tencent

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Complete news archive for Tencent

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Frequently Asked Questions about Tencent

Tencent was founded in 1998 and raised its 1st funding round 2 years after it was founded.

Tencent is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.

Ma Huateng is the current CEO of Tencent. They have also founded this company.

Tencent is a funded company, having raised a total of $220K across 6 funding rounds to date. The company's 1st funding round was a Series A of $220K, raised on Apr 2000.

Tencent has 110,560 employees.

Annual revenue of Tencent is $92.17B as on Dec 31, 2024.

Tencent is one of Chinas largest and most used Internet service portals. Since its establishment over the last decade, Tencent has maintained steady growth under its user-oriented operating strategies. Presently, Tencent is providing value-added Internet, mobile and telecom services and online advertising. Tencents leading Internet platforms in China QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay have brought together Chinas largest Internet community to meet the various needs of Internet users including communication, information, entertainment, e-commerce, and others. Tencent remains committed to enhancing its development and innovation capabilities while strengthening its nationwide branding for its long term development. More than 60 of Tencent employees are RD 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, Chinas 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. In September 2013, Tencents market valuation rose to 101 billion, larger than the total of the market value of Netease, Sina, Sohu, 360, Youku, Dangdan, Snda, Giant Network, Renren, and Ctrip combined. Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of 2.2 million dollars. Tencent was listed in the Hong Kong stock exchange on June 16, 2004. As of November 21, 2013, QQ has 2 billion active users and Wechat has 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo and QQ news were 274 million, 626 million, 220 million and 150 million, respectively. Tencent faces competition from Baidu, Alibaba, and Netease. In 2022, the company recorded annual revenues of 82.41B and a net profit of 27.26B.

Tencent's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

Yes, Tencent is publicly traded on HKEX under the ticker symbol 700.

Tencent has made 44 acquisitions, including 10 Chambers Collective, 1C Entertainment, and Amer Sports.

Tencent has 6 investors. Key investors include Prosus, CPP Investments, Remedy Entertainment, PCCW, and Lippogroup.

The website of Tencent receives about 49.7 million visits a month and ranks #928 among all websites worldwide.

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