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Tencent

ACTIVE
Big TechPlatform companyCloud providerHolding / corporate group
Tencent Holdings腾讯Téngxùn

Chinese technology conglomerate from Shenzhen, maker of WeChat and QQ, one of the world’s largest video game companies and a provider of cloud services and the Hunyuan AI models.

Founded1998China
HQShenzhenChina
Total fundingapprox. US$1.5B (HKEX listing)1 · 2004
Valuationapprox. US$1T (peak, January 2021)🦄Market capitalization (peak) · 2021
01 · About

Tencent

Founded 1998 · Shenzhen, China

Tencent Holdings Ltd. is a Chinese technology conglomerate headquartered in Shenzhen, founded in 1998 by Ma Huateng (Pony Ma) and four co-founders. The company operates one of the world’s largest messaging and social platforms – WeChat/Weixin and QQ – and is the largest video game publisher globally. Its portfolio spans cloud services (Tencent Cloud), payments (WeChat Pay), music and video, advertising and artificial intelligence. In AI, Tencent develops the Hunyuan model family (language, image, video) and runs Tencent AI Lab and the Robotics X lab. Tencent is publicly listed on the Hong Kong Stock Exchange (SEHK: 700), with Prosus/Naspers as its largest shareholder.

  • Ma Huateng (Pony Ma)

    Co-founder, Chairman & CEO

    Principal co-founder of Tencent and its long-serving chairman and chief executive officer.

  • Zhang Zhidong (Tony Zhang)

    Co-founder, former CTO

    Co-founder responsible for technology; served as chief technology officer.

  • Xu Chenye

    Co-founder

    One of the five co-founders of the company.

  • Chen Yidan (Charles Chen)

    Co-founder

    Co-founder, later active in philanthropy.

  • Zeng Liqing

    Co-founder

    One of the five co-founders of Tencent.

02 · What they do

Domain of activity

4 areas · 6 technologies · 4 industries
What they do4Areas
  • Language models
  • Multimodal models
  • Cloud AI
  • AI infrastructure
How they do it6Technologies
  • LLM
  • Foundation Models
  • Generative AI
  • Multimodal AI
  • Computer vision
  • NLP
Who for4Industries
  • Software & Technology
  • Media & entertainment
  • Finance & banking
  • Telecommunications
03 · Geography

Global presence

HQ Shenzhen · 4 offices · 3 regions
GlobalChinaAsia
04 · Metrics

Scale & funding

founded 1998 · IPO
1998founded
approx. 111,000 (2024)employees
approx. US$1.5B (HKEX listing)total funding
IPOlatest round
maturedevelopment stage
Publiclisted
activestatus
approx. US$1.5B (HKEX listing)
total funding
1 · 2004
IPOJune 2004Initial public offering on the Hong Kong Stock Exchange.
approx. US$1.5B (HKEX listing)
06 · Relations

Organizational relations

2 strategic relations · 4 brands

Strategic relations

2
  • Funded by
    Prosus/Naspers is Tencent’s largest shareholder (about 24–26%).
  • Acquisition
    Tencent fully owns Riot Games (creator of League of Legends).
07 · Classification

Profile & metadata

4 classification · 8 external links

Classification

  • Statusactive
  • Development stagemature
  • Listed onYesSEHK: 700OTC: TCEHY
  • Organization typeBig Tech+ Platform company, + Cloud provider, + Holding / corporate group
08 · Related content

Articles

4 articles