![]() ![]() Additionally, the company also owns stakes in several well-known companies like Spotify Technology SA Electric Arts Inc Sea Ltd. They are best known for its mobile messaging app WeChat which boasts over 1 billion monthly active users across the world.Īpart from WeChat, some other popular products owned by Tencent include QQ Music, the QQ Messenger app, and Kuitan (an online travel service). The company specializes in the development of internet-related services and products, such as social media platforms, online gaming platforms, retail experiences (WeChat Store), and more. Tencent Holdings Limited was founded in 1998 by Ma Huateng (also known as Pony Ma), Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing. ![]() In this article, we will delve deeper into Tencent’s profile, its business model, investments, and financial performance. This Chinese tech giant is known for its powerful ecosystem, which includes the popular messaging app WeChat and massive investments in local and overseas startups worth an estimated $259 billion. ![]() It has become the most valuable company in China after recording a market capitalization of $900 billion as of April 2021. Tencent Holdings Limited is a Chinese multinational technology company that provides Internet-related services and products. Profile of Tencent, China’s most valuable company at ~$900B, with a powerful ecosystem including WeChat, and local and overseas startup investments worth ~$259B (Wall Street Journal) ![]()
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