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

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Tencent Holdings Latest News

WeChat Is Censoring Messages Even Outside China, Study Says

Ng, a research fellow at the Citizen Lab. The dual systems are crucial to understanding how Tencent Holdings can expand China's most-popular message service overseas while still complying with domestic government controls on information. With 846 million ...
Posted: December 2, 2016, 4:38 am

Tencent, partners ready $218 million online Chinese insurer HeTai

HONG KONG Chinese internet services giant Tencent Holdings Ltd and a group of seven investors have moved closer to launching a 1.5 billion yuan ($218 million) online life insurer in China, putting up funds and signing an agreement to form the venture.
Posted: November 22, 2016, 8:22 am

Tencent Holdings Limited alleges Delson Group Inc. tried to register its mark

SAN FRANCISCO – An Internet and media business based in China alleges a Santa Clara company applied to register the plaintiff's trademark as its own. Tencent Holdings Limited filed a complaint on Nov. 21 in the U.S. District Court for the Northern ...
Posted: December 1, 2016, 11:51 am
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