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Tencent Technology Co., Ltd. (Tencent for short) was founded in November 1998 by five founders, Ma Huateng, Zhang Zhidong, Chen Yidan, Xu Chenye and Zeng Liqing. Its headquarters is located in Tencent Binhai Building, Nanshan District, Shenzhen.

Tencent executives

Ma Huateng - Founder and CEO

Liu Chiping, the main founder and president of Tencent

Zhang Zhidong - Main Founder, Chief Technology Officer

Xu Chenye, the main founder and chief information officer

Chen Yidan - Principal Founder, Chief Executive Officer

Wangdawei - Senior Executive Vice President

Zhang Xiaolong, Vice President of Tencent and Founder of WeChat

Tencent business

Tencent's business has expanded to social networking, finance, information, tools and platforms, and its subsidiaries are specialized in various global Internet related services and products, entertainment, artificial intelligence and technology. At present, Tencent has the social software Tencent QQ and WeChat with the largest number of users in mainland China, as well as Tencent Games, the largest online game community. In the field of e-books, it owns Reading Group, and operates QQ Reading and WeChat Reading.

Tencent's history

In November 1998, five founders, Ma Huateng, Zhang Zhidong, Chen Yidan, Xu Chenye and Zeng Liqing, co founded Tencent. In February of the next year, the instant messaging software "OICQ" was born.

Tencent was listed on the Hong Kong Stock Exchange on June 16, 2004. On September 5, 2016, it became the first listed company in Asia with the highest market capitalization, and on November 21, 2017, it became the first company in Asia with a market capitalization of more than 500 billion dollars.

In March 2010, QQ simultaneously exceeded 100 million online users, and QQ has an unshakable position in the instant messaging market in mainland China. At this time, the market conflict between Tencent and Qihoo triggered a "3Q war".

On January 21, 2011, Tencent launched WeChat, a free application that provides instant messaging services for smart phones.

On May 17, 2011, Tencent invested US $84.4 million (about RMB 549 million) to acquire 16% of the equity of eLong Travel, becoming the second largest shareholder of eLong.

On January 24, 2017, Tencent's QQ music business and China Music Group (CMC) merged into a new music group, which has been officially renamed Tencent Music Entertainment Group (TME).

On March 8, 2018, Tencent made a strategic investment of $630 million in live broadcast of fighting fish and a strategic investment of $461.6 million in live broadcast of Tiger Teeth.

On December 2, 2018, Tencent Music was listed and traded on the U.S. Stock Exchange with the stock code of "TME". The closing price on the first day was US $14.00, up 7.69% from the issue price. The market value was about US $22.894 billion based on the closing price.

In August 2020, Douyu and Tiger Teeth announced that they had received Tencent's merger proposal, and Tencent suggested that Tiger Teeth and Douyu should exchange shares at the overall market value of 1:1. After the merger, Douyu would become a wholly-owned subsidiary of Tiger Teeth. Before the merger, Tencent already owned 38% of the equity of Douyu and 50.1% of the equity of Huya.

What is Tencent's market value?

As of July 17, 2020, Tencent's market value was HKD5.05 trillion

When is Ma Huateng's birthday?

October 29, 1971

Tencent equity incentive plan

On the evening of July 10, 2020, Tencent released the latest announcement of the equity incentive plan at the Hong Kong Stock Exchange. According to the share incentive plan, Tencent will issue 26.64 million new shares, which are intended to be granted to no less than 29700 awardees. According to the plan, the market value of the shares awarded to Tencent employees per capita is about 490200 Hong Kong dollars.

How does Tencent QQ unseal?

QQ Security Center, click to enter the official website, click "Account Unsealing"; Enter the account, click "Next", click "Modify Password Unfreeze", verify the verification code, and click "OK"; Then input the security phone, click "OK", click "Get the verification code for free", enter the verification code, click "OK", enter the new password and click "OK"

Description of "Tencent" by online media

Asia's most valuable company

The world's largest gaming company

Jingdong's largest shareholder

One of the Internet enterprises with the largest number of service users in China

Second largest shareholder

Huya's largest shareholder

Jingdong's largest shareholder

The fifth largest shareholder of Tesla

Sogou's largest shareholder

The largest shareholder of Betta

The Internet company with the highest market value in China

Station B's second largest shareholder

China's largest Internet company

One of the largest Internet integrated service providers in China

Pinduoduo's second largest shareholder

Sogou's largest shareholder

Sogou's largest shareholder

The largest shareholder of Betta

The largest shareholder of Huya

Jingdong's major shareholder

Internet based technology and culture companies

The second largest shareholder of Station B

China's first company with more than one million servers

One of the five companies with more than one million servers in the world

Biggest shareholder of Betta

The largest shareholder

Sogou's single largest shareholder

The first company in China to reach 100T

Tesla's fifth largest shareholder

Pinduoduo's second largest shareholder

Search engine analysis of Tencent

  • Product:
    WeChat
  • Mobile Games:
    Glory of Kings
  • founder:
    pony
  • CEO:
    Liu Chiping
  • Business:
    game
  • Wholly owned subsidiary:
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  • Establishment:
    Cloud and Smart Industry Business Group
  • game:
    QQ fast car
  • Short video products:
    Microvision
  • shareholder:
    Naspers
  • vice president:
    Wu Jun
  • Net profit:
    23.525 billion yuan
  • opponent:
    Alibaba
  • Senior Executive Vice President:
    Dowson
  • COO:
    Ren Yuxin
  • Game platform:
    WeGame
  • Live broadcast platform:
    Penguin E-sports
  • Listing:
    2004
  • Employees:
    Li Hua
  • Online games:
    Tianya Bright Moon Blade
  • Program:
    Creation 101
  • Payment platform:
    Tenpay

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Description of "Tencent Cloud" by online media

Vice President of Tencent Cloud

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