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Tencent
Tencent

Tencent

Tencent is an internet conglomerate that provides social networking, gaming, cloud, and fintech services.

Operating headquarters
Shenzhen, Guangdong, CN🇨🇳
Founded
1998
Overview
M & A
Analysis
Compare
Fundraising
Employees
News
Library

Tencent operates a broad suite of digital services including the WeChat super-app, a global portfolio of video games, and the Tencent Cloud platform. Its offerings span social communication, interactive entertainment, and generative AI tools like the Hunyuan model family and Yuanbao assistant.

The company serves individual consumers and enterprises across sectors such as finance, retail, healthcare, and transportation. It competes in the global social media, cloud computing, and gaming markets, generating revenue through in-app purchases, subscriptions, and cloud infrastructure fees.

Tencent - M & A Snapshot

Open M & A

  • Supercell

    Acquired by Tencent • $8.6B • Jun 21, 2016

  • Riot Games

    Acquired by Tencent • Undisclosed • Dec 16, 2015

  • Tencent Music Entertainment

    Acquired by Tencent • Undisclosed

Tencent - Products & Services

  • Zixiao logo

    Zixiao

    Competing Products

    NVIDIA logo
    Intel logo
    NVIDIA logo
  • WorkBuddy logo

    WorkBuddy

    Competing Products

    Anthropic logo
    OpenAI logo
    Cognition logo
  • CodeBuddy logo

    CodeBuddy

    Competing Products

    OpenAI logo
    Alphabet logo
    GitHub logo
  • Tencent Cloud logo

    Tencent Cloud

    Tencent Group's global cloud computing brand offering IaaS, PaaS, SaaS, and AI services

    Competing Products

    Amazon Web Services logo
    Alphabet logo
    Microsoft logo
  • WeChat logo

    WeChat

    Messaging, social media, and mobile payment super-app developed by Tencent.

    Competing Products

    Meta logo
  • Tencent QQ logo

    Tencent QQ

  • Yuanbao logo

    Yuanbao

    Consumer AI assistant app by Tencent, powered by the Hunyuan LLM.

Tencent - Similar Companies

Iflytek CO. logo

Iflytek CO.

Alibaba Group logo

Alibaba Group

Baidu logo

Baidu

DeepSeek logo

DeepSeek

ByteDance logo

ByteDance

Moonshot AI logo

Moonshot AI

Z.ai logo

Z.ai

NVIDIA logo

NVIDIA

nvidia.com

Intel logo

Intel

intel.com

Cognition logo

Cognition

cognition.com

OpenAI logo

OpenAI

openai.com

Anthropic logo

Anthropic

anthropic.com

Alphabet logo

Alphabet

abc.xyz

GitHub logo

GitHub

github.com

Microsoft logo

Microsoft

microsoft.com

Amazon Web Services logo

Amazon Web Services

aws.amazon.com

Meta logo

Meta

meta.com

Tencent - Quick Facts

Who are Tencent's competitors?

Companies similar to Tencent include NVIDIA, Intel, Cognition and OpenAI.

When was Tencent founded?

Tencent was founded in 1998.

Where is Tencent's headquarters located?

Tencent's headquarters is located in Shenzhen, Guangdong, CN.

When was Tencent's last funding round?

Tencent's most recent funding round was for $6B (USD) in May 2020.

How much has Tencent raised to-date?

As of May 29, 2020, Tencent has raised a total of $12.6B (USD).

How many employees does Tencent have?

Tencent has 111,000 employees as of Dec 31, 2024.

Tencent - Classification

Industry
  • Cloud Computing
  • Social Media
  • Video Game Companies
Ownership
  • Public
Technology
  • Machine Learning
  • NLP
Geographic Exposure
  • China Asia
Model
  • B2B2C
Revenue
  • Subscription
Customer
  • Enterprises
  • Individuals
Tags
  • Freemium
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software
Show 11 more industry codes
NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 6000Depository Institutions
  • 6700Holding And Other Investment Offices
  • 6720Investment Offices
  • 7310Advertising
  • 6722Management Investment Offices, Open-end
  • 7313Radio, Television, And Publishers' Advertising Representatives