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700 On Other Exchanges
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tencent holdings ltd (700) Snapshot

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tencent holdings ltd (700) Details

Tencent Holdings Limited, an investment holding company, provides Internet and mobile value-added services (VAS), online advertising services, and eCommerce transactions services to users in China, the United States, Europe, and internationally. The company operates through VAS, Online Advertising, eCommerce Transactions, and Others segments. It provides online games, community value-added services, and applications across various Internet and mobile platforms; instant messaging services; wireless Internet value added services, including short messaging service, multimedia messaging service, interactive voice response services, WAP, mobile instant messaging service, and mobile games; and interactive entertainment services. The company also offers Internet value-added services, such as club membership, avatar, personal spaces and communities, online music, dating services, etc.; and enables third-party game/application developers to host games/applications in its Internet platforms. Its online advertising services consist of display advertising to instant messaging users, portals, social networks, video, and other platforms. The company’s e-commerce transactions business includes the sale of merchandise through its Internet platforms, which primarily comprise Weixin/WeChat, QQMail, and Foxmail. In addition, it provides trademark licensing, software development, software sales, and other services. Tencent Holdings Limited was founded in 1998 and is based in Shenzhen, China.

30,164 Employees
Last Reported Date: 11/10/15
Founded in 1998

tencent holdings ltd (700) Top Compensated Officers

Core Founder, Chairman, Chief Executive Offic...
Total Annual Compensation: CNY27.5M
President, Executive Director and Chairman of...
Total Annual Compensation: CNY15.2M
Core Founder and Advisor Emeritus
Total Annual Compensation: CNY16.1M
Compensation as of Fiscal Year 2014.

tencent holdings ltd (700) Key Developments

Tencent Holdings Reportedly Participate In Fundraising Round For WeBank

Tencent Holdings Limited (SEHK:700) is taking part in a fundraising round for Shenzhen Qianhai Weizhong Bank (WeBank) that will value its online financial affiliate at about $5.5 billion and keep its stake at roughly 30%, two sources familiar with the deal said on Wednesday. WeBank is raising about $450 million via a round that will also include Singaporean state investment company Temasek Holdings and other investors, said one of the sources, who asked not to be identified.

Qualcomm Technologies Inc., Tencent and ZEROTECH Announces and Demonstrates Commercial Drone Based on the Qualcomm® Snapdragon Flight™ Platform

Qualcomm Technologies Inc., Tencent and ZEROTECH announced and demonstrated a commercial drone based on the Qualcomm® Snapdragon Flight™ platform. YING is an innovative drone that uses the Snapdragon 4K capture to "supersample" the video image, providing a stabilized, corrected video and picture recording at 1080P as well as first person view at 720p that can be directly streamed or uploaded to Tencent's drone social community platforms Wexin and QQ. Tencent and ZEROTECH have co-designed YING, a small, lightweight drone that can be easily controlled right from smartphone, leveraging the companies' advanced software, and the computational power of the Qualcomm® Snapdragon™ 801 processor, making it fun and easy to capture great video that can be streamed directly to your friends using QQ and Wexin. Snapdragon Flight is a highly optimized 58x40mm board targeted specifically for consumer drones and robotics applications. Snapdragon Flight is based on the Snapdragon 801 processor, with GPS, 4K video capture, and robust connectivity, along with advanced drone software and development tools, bringing cutting-edge mobile technologies to create a new class of consumer drones.  The YING drone is expected to be available globally by first half of 2016.

Believe Digital and Tencent Announces Partnership for Online Distribution in China

Believe Digital has announced a strategic partnership with Tencent Holdings Limited. This partnership will allow online distribution of Believe's catalogue in mainland China. As per the agreement, Tencent will now be Believe Digital's exclusive Chinese partner, enabling the company to distribute its repertoire of over 6 million songs through the QQ Music platform. It will also be to managing the sub-licensing business to legitimate local online music service providers in mainland China. With Tencent's expansive user base, the deal will be an ideal opportunity for Believe Digital to promote its independent artists in the Chinese market. Additionally, using QQ Music, the music distribution company will be able to increase its presence in China. The partnership between Believe Digital and Tencent will help strengthening international cooperation on copyright protection and enforcement against infringement. It will also be a win-win for artists, record labels and will also enhance Tencent as an online music distributor.


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