A multinational global platform operator
Based on a solid understanding of consumer behaviour, we build technology platforms and enablers in growth markets, anticipating changes in consumer engagement.
Our platforms, currently in internet communications, ecommerce, television and print, are highly relevant consumer destinations. We
Founded in November 1998 and headquartered in Shenzen, Tencent has grown into one of China's largest and most used internet service portals.
Listed on the Hong Kong Stock Exchange since June 2004 (SEHK 00700), with a market capitalisation of about US billion and monthly active IM user accounts of 848m, Tencent is now one of the largest internet companies globally, ranking amongst Google, Amazon, Ebay and Facebook.
Tencent offers PC and mobile value-added services, online advertising, as well as eCommerce transaction under the strategic goal of providing users with "one-stop online lifestyle services". Some of its best known brands include QQ (instant messenger), QQ.com (web portal), Weixin & WeChat (mobile social communication), QQ Game Platform (under Tencent Games), and Qzone (multi-media social networking platform).
Naspers first invested in the business in May 2001, when it acquired a 50% stake. This was reduced to 35% upon Tencent’s listing and diluted to 34% due to share issuances, but today Naspers still holds the same number of shares (630 240 380) as it did at the time of Tencent’s listing.