Tencent Holdings Net Worth is55.8 12-Month Sales Growth (%)
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Company Name: Tencent Holdings Limited , ????????

Company Type: Public company

Traded As: 700

Foundation: 1998

Founders: Ma Huateng , Zhang Zhidong

Location City: Shenzhen, Guangdong

Location Country: China

Key People: Ma Huateng, Chairman

Area Served: China

Industry: Internet

Products: Social networks, web portals, e-commerce, and multiplayer online games

Services: Online services

Revenue: 28,496 million/link

Operating Income: 12,099 million (2011)
Net Income: 10,225 million (2011)
Assets: 56,804 million (2011)
Equity: 29,088 million (2011)
Num Employees: 20,000 (2011)
Homepage: [http://www.tencent.com/en-us/index.shtml tencent.com]

Tencent Holdings Limited (SEHK: 700) is a Chinese investment holding company whose subsidiaries provide Internet and mobile phone value-added services and operate online advertising services in the People's Republic of China. Its headquarters are in Nanshan District, Shenzhen.
Tencent's diverse services include social networks, web portals, e-commerce, and multiplayer online games. It operates the well-known instant messenger Tencent QQ and runs one of the largest web portals in China, QQ.com.
As of December 31, 2010, there were 647.6 million active Tencent QQ IM user accounts, making Tencent QQ the world's largest online community at the time. The number of simultaneously online QQ accounts has sometimes exceeded 100 million.
As of November 2010 the company is the third largest Internet company in the world behind Google and Amazon with a market capitalization of US$38 billion. Other big, Chinese Internet companies include Sina and Baidu.
Tencent was founded by Ma Huateng and Zhang Zhidong in November 1998 as Tencent Inc.Incorporated in the Cayman Islands, initial funding was provided to it by venture capitalists. The company remained unprofitable for the first three years.
South African Naspers purchased a 46% share of Tencent in 2001. (As of 2010, it owns 35%.) During these early years Tencent's iconic messenger product had its name changed from OICQ to QQ; this was said to be due to a (apocryphal[citation needed]) lawsuit from ICQ itself. Others say American Internet company AOL, not ICQ, requested the name change. Tencent Holding Ltd was listed on the Hong Kong Stock Exchange on 16 June 2004, and it was added as a Hang Seng Index Constituent Stock in 2008.
The company originally derived income solely from advertising and premium users of QQ, who pay monthly fees to receive added extras. But by 2005, charging for use of QQ mobile, its cellular value-added service, and licensing its iconic penguin character, which can be found on snack food and

Tencent Holdings Latest News

Tencent results blow past forecasts on strength in games, WeChat

Tencent Holdings Ltd , China's biggest gaming and social media firm by revenue, trumped forecasts to post its best-ever quarterly results, driven by higher income from smartphone games, payments and online advertising. The most valuable firm listed in Asia ...
Posted: August 16, 2017, 4:57 am

Tencent Holdings' (TCEHY) CEO Pony Ma on Q2 2017 Results - Earnings Call Transcript

Tencent Holdings Limited (OTCPK:TCEHY) Q2 2017Results Earnings Conference Call August 16, 2017 8:00 AM ET Executives Jane Yip - IR Pony Ma - Chairman and CEO Martin Lau - President James Mitchell - Chief Strategy Officer John Lo - CFO Analysts Chi Tsang ...
Posted: August 19, 2017, 12:38 am

Tencent's mobile gaming growth continues

Chinese internet giant Tencent Holdings Ltd. posted double-digit revenue and profit increases as it continued to grow its mobile-gaming, social-media and advertising businesses in the second quarter. Tencent, one of China's largest publicly traded ...
Posted: August 16, 2017, 4:30 am

Tencent Holdings, Sturm and Ruger, Best Buy and Wal-Mart highlighted as Zacks Bull and Bear of the Day

Tencent Holdings Ltd. (OTCMKTS: TCEHY - Free Report) just reported one of its strongest quarters ever. This Zacks Rank #1 (Strong Buy) is at the top of the heap among China's Internet giants. Tencent is one of China's leading online gaming and media companies.
Posted: August 18, 2017, 6:26 am

Tencent's Mix of Games, WeChat Drives Best Growth in 7 Years

Tencent Holdings Ltd. is reaping the rewards of marrying social media with mobile gaming. Investors bet in 2017 that some of the company’s boldest investments would finally pan out, creating one of the world’s most richly valued companies in the process.
Posted: August 16, 2017, 2:30 am
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