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Tencent Holdings Ltd. (Chinese: 腾讯; pinyin: Téngxùn) is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world's largest company in the video game industry based on its investments, with Tencent Games being the subdivision of Tencent Interactive Entertainment Group (IEG) focused on publishing of games.[4]

Quick facts: Native name, Romanized name, Type, Traded as,...
Tencent Holdings Ltd.
Native name
Téngxùn Kònggǔ Yǒuxiàn Gōngsī
Founded11 November 1998; 24 years ago (1998-11-11)
HeadquartersTencent Binhai Mansion, Nanshan District, Shenzhen, Guangdong, China
Area served
Key people
RevenueIncrease CN¥560.118 billion (US$86.84 billion) (2021)[1]
Increase CN¥271.62 billion (US$42.11 billion) (2021)[1]
Increase CN¥227.81 billion (US$35.32 billion) (2021)[1]
Total assetsIncrease CN¥1.612 trillion (US$249.98 billion) (2021)[1]
Total equityIncrease CN¥876.693 billion (US$135.92 billion) (2021)[1]
Number of employees
112,771 (2021)[1]
SubsidiariesSee § Subsidiaries
Quick facts: Tencent, Simplified Chinese, Traditional ...
"Tencent" in Simplified (top) and Traditional (bottom) Chinese characters
Simplified Chinese腾讯
Traditional Chinese騰訊
Tencent Holdings, Ltd.
Simplified Chinese腾讯控股有限公司
Traditional Chinese騰訊控股有限公司

Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology.[5] Its twin-skyscraper headquarters, Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in the Nanshan District of Shenzhen.[6]

Tencent is the world's largest video game vendor,[7] as well as one of the most financially valuable companies.[8] It is among the largest social media,[9] venture capital, and investment corporations.[10][11] Its services include social networks, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games.[12] It operates the instant messengers Tencent QQ and WeChat, and QQ.com.[13] It also owns Tencent Music.

The company surpassed a market value of US$500 billion in 2018, becoming the first Asian technology company to cross this valuation mark.[14][15][16] It has since then emerged as the most valuable publicly traded company in China, and is the world's tenth most valuable company by market value as of February 2022.[17][18][19][20] In 2015, 2018, and 2020, the company was ranked by the Boston Consulting Group and Fast Company among the 50 most innovative companies worldwide.[21][22][23] Tencent has stakes in over 600 companies,[24] and began focusing on tech start-ups in Asia in 2017.[25] TechCrunch characterized Tencent's investment strategy as letting its portfolio startups operate autonomously.[26] Tencent's valuation approached US$1 trillion in January 2021 before it plummeted.[27]