# Tencent

> Chinese multinational investment holding conglomerate

**Wikidata**: [Q860580](https://www.wikidata.org/wiki/Q860580)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Tencent)  
**Source**: https://4ort.xyz/entity/tencent

## Summary

Tencent has its headquarters in Maling.

## Summary
Tencent is a Chinese multinational investment holding conglomerate founded in 1998 and headquartered in Shenzhen. It is one of the world's largest technology companies, known for its social media platforms, video games, and investment portfolio.

## Key Facts
- Founded on November 12, 1998, by Ma Huateng, Zhang Zhidong, Chen Yidan, Daniel Xu, and Zeng Liqing
- Headquarters located in Maling, Shenzhen, China
- Employs approximately 62,885 people as of December 2019
- Listed on the Hong Kong Stock Exchange under the ticker symbol 700 since June 16, 2004
- Revenue reached 312,694 billion RMB in 2018
- Owns major subsidiaries including Riot Games, Supercell, and Epic Games
- Creator of WeChat, one of the world's largest social media platforms
- Member of the Linux Foundation as a platinum member since June 2018
- Has a market capitalization exceeding $500 billion as of 2021

## FAQs
### Q: What is Tencent known for?
A: Tencent is known for creating WeChat, developing popular video games like League of Legends and PUBG Mobile, and being one of China's largest technology companies with investments in numerous global tech firms.

### Q: Who founded Tencent?
A: Tencent was founded by Ma Huateng, Zhang Zhidong, Chen Yidan, Daniel Xu, and Zeng Liqing in 1998.

### Q: What companies does Tencent own?
A: Tencent owns Riot Games, Supercell, Epic Games, Grinding Gear Games, and has significant stakes in companies like Tesla, Snap Inc., and Spotify.

## Why It Matters
Tencent represents one of the most influential technology conglomerates in the world, particularly in Asia. Its platforms and services touch billions of users globally, from messaging and social media through WeChat to gaming through its extensive portfolio of game developers and publishers. The company has fundamentally changed how people communicate, play, and interact with digital services in China and beyond. Tencent's investment strategy has also made it a key player in the global tech ecosystem, with stakes in hundreds of companies across various sectors. Its success demonstrates the scale and reach of Chinese technology companies on the world stage, while also raising important questions about data privacy, market competition, and the influence of large tech conglomerates. Tencent's innovations in mobile payments, social commerce, and digital entertainment continue to shape industry trends and consumer behavior worldwide.

## Notable For
- Creating WeChat, which has over 1.2 billion monthly active users and serves as a super-app for messaging, payments, and services
- Being the world's largest video game company by revenue through its ownership of Riot Games, Supercell, and stakes in Epic Games
- Investing in over 600 companies globally, including major stakes in Tesla, Snap, and Spotify
- Developing advanced AI and cloud computing services through Tencent Cloud
- Maintaining one of the largest patent portfolios among Chinese companies

## Body
### Business Structure and Operations
Tencent operates as a holding company with diverse business segments including social networks, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games. The company's business model relies heavily on value-added services (VAS) from its social networks and online games, as well as online advertising.

### Key Products and Services
The company's flagship product is WeChat (called Weixin in China), a multi-purpose messaging, social media, and mobile payment app. Tencent also operates QQ, another major instant messaging platform in China. In gaming, Tencent publishes and develops numerous titles including Honor of Kings, PUBG Mobile, and Clash of Clans. The company also operates Tencent Video, a major streaming platform, and Tencent Music Entertainment.

### Investment Strategy
Tencent has become known for its aggressive investment strategy, holding stakes in hundreds of companies globally. Notable investments include 40% of Epic Games, 100% of Riot Games, 84% of Supercell, and significant minority stakes in companies like Snap Inc., Spotify, and Tesla. This strategy has made Tencent a key player in the global tech ecosystem beyond its core Chinese market.

### Market Position and Competition
As one of the "BAT" companies (Baidu, Alibaba, Tencent) in China, Tencent competes with other major tech companies both domestically and internationally. Its main competitors include Alibaba Group in e-commerce and digital payments, ByteDance in social media and content, and various international gaming companies. Tencent's scale and diverse portfolio give it significant competitive advantages in multiple markets.

### Regulatory Environment
Operating primarily in China, Tencent must navigate complex regulatory requirements from the Chinese government. This includes content moderation, data localization requirements, and compliance with various internet regulations. The company has also faced scrutiny from regulators in other countries regarding data privacy and market competition.

### Innovation and Technology
Tencent invests heavily in research and development, particularly in artificial intelligence, cloud computing, and 5G technologies. The company operates multiple research labs and has made significant advances in areas like natural language processing, computer vision, and machine learning. Tencent Cloud provides cloud computing services that compete with global providers like Amazon Web Services and Microsoft Azure.

## Schema Markup
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  "@type": "Organization",
  "name": "Tencent",
  "description": "Chinese multinational investment holding conglomerate",
  "url": "https://www.tencent.com/",
  "sameAs": [
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  "foundingDate": "1998-11-12",
  "founder": [
    {
      "@type": "Person",
      "name": "Ma Huateng"
    },
    {
      "@type": "Person",
      "name": "Zhang Zhidong"
    },
    {
      "@type": "Person",
      "name": "Chen Yidan"
    },
    {
      "@type": "Person",
      "name": "Daniel Xu"
    },
    {
      "@type": "Person",
      "name": "Zeng Liqing"
    }
  ],
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  "location": {
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      "addressLocality": "Shenzhen",
      "addressCountry": "China"
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}

## References

1. [Source](https://www.tencent.com/en-us/articles/17000391523362601.pdf)
2. [Source](https://www.wsj.com/articles/one-of-the-savviest-tech-investors-is-cashing-out-of-tencenta-little-1521713220)
3. International Standard Name Identifier
4. [Source](https://www.hkex.com.hk/Market-Data/Securities-Prices/Equities/Equities-Quote?sym=700&sc_lang=en)
5. [Source](https://www.linuxfoundation.org/membership/members/)
6. [Source](https://www.linuxfoundation.org/press-release/2018/06/tencent-supports-open-source-community-with-linux-foundation-platinum-membership/)
7. [Source](https://www.w3.org/Consortium/Member/List)
8. Freebase Data Dumps. 2013
9. Czech National Authority Database
10. [investing.com](https://www.investing.com/equities/tencent-holdings-hk)
11. MusicBrainz
12. Tencent Holding Limited 2019 Annual Report
13. Global LEI Index
14. BBC Things
15. Google Knowledge Graph
16. [Source](https://www1.hkexnews.hk/listedco/listconews/sehk/2019/0401/ltn201904012133.pdf)
17. [Source](https://finance.sina.com.cn/zt_d/2019_zq500qbd/)
18. GRID Release 2016-12-06
19. [Open Funder Registry](http://dx.doi.org/10.13039/100015803)
20. Open Funder Registry
21. Quora
22. [Tencent | Logopedia | Fandom](https://logos.fandom.com/wiki/Tencent)
23. Microsoft Academic Knowledge Graph
24. [Working at Tencent | Glassdoor](https://www.glassdoor.sg/Overview/Working-at-Tencent-EI_IE38281.11,18.htm?countryRedirect=true)
25. [TENCENT latest news & coverage](https://www.channelnewsasia.com/news/topic/tencent)
26. [腾讯开源: 腾讯开源组织@Gitee](https://gitee.com/Tencent)
27. Wikirate
28. Video Games Chronicle