Tencent
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]
Native name | 腾讯控股有限公司 |
|---|---|
Romanized name | Téngxùn Kònggǔ Yǒuxiàn Gōngsī |
| Company type | Public |
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| Headquarters | Tencent Binhai Mansion, Nanshan District, Shenzhen, Guangdong, China |
Key people |
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| Products | |
| Total equity | |
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| Divisions | |
| Subsidiaries | See § Foreign studio assets for game studios |
| ASN | |
| Website | tencent.com |
| Tencent | |||||||||||||||
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| "Tencent" in Simplified (top) and Traditional (bottom) Chinese characters | |||||||||||||||
| Simplified Chinese | 腾讯 | ||||||||||||||
| Traditional Chinese | 騰訊 | ||||||||||||||
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| Tencent Holdings, Ltd. | |||||||||||||||
| Simplified Chinese | 腾讯控股有限公司 | ||||||||||||||
| Traditional Chinese | 騰訊控股有限公司 | ||||||||||||||
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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]
Tencent Media
BYD, one of the chief corporate sponsors for Tencent
Riot Games is one of Tencent's notable subsidiaries, known for creating the multiplayer online battle arena game League of Legends. It is one of the first game developers to receive investment from Tencent.
Ma Huateng, also known as Pony Ma, is the main co-founder of Tencent, and is currently the conglomerate's CEO and chairman.
Martin Lau, who helped with the company's IPO as an investment banker at Goldman Sachs, is currently Tencent's president.
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 2022 Annual ReportTencent.com. Retrieved 13 January 2024.
- ↑ prosus2021-annual-report2. Retrieved 12 November 2021.
- ↑ TENCENT HOLDINGS LIMITED (700) (15 September 2023). Retrieved 15 September 2023.
- ↑ Top Public Video Game Companies | By Revenue (in en). Newzoo. Retrieved 2021-12-25.
- ↑ Tencent grows profits with aggressive investment strategy (in en). South China Morning Post (2019-01-16). Retrieved 2021-12-25.
- ↑ China and Tencent release their Hunyuan AI Solution and Claim it is Comparable to ChatGPT (in en). Cortex Report (2023-09-07). Retrieved 2023-09-11.