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tencent holdings ltd (700) Details

Tencent Holdings Limited, an investment holding company, provides Internet value-added services (VAS) and online advertising services in Mainland China, Hong Kong, North America, Europe, other Asian countries, and internationally. The company operates through VAS, Online Advertising, and Others segments. It offers online games, community VAS, and applications across various online platforms; online advertising services, such as delivery of pay-for-click, pay-for-download, etc., as well as display based advertising; and payment related, cloud, and other services for individual and corporate users. The company also develops software; develops and operates online games; and provides information technology, asset management, online literature, and online music entertainment services. Tencent Holdings Limited was founded in 1998 and is headquartered in Shenzhen, the People’s Republic of China.

46,049 Employees
Last Reported Date: 05/16/18
Founded in 1998

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tencent holdings ltd
Nokia and Tencent Sign Agreement to Accelerate 5G Webscale Research and Applications to Benefit Billions of Internet Users in China

During Mobile World Congress Shanghai, Nokia and Tencent have signed an agreement to carry out joint research and development work to explore the potential of 5G for the provision of new applications, including those for a variety of vertical markets. Under a Memorandum of Understanding signed by the companies at Mobile World Congress Shanghai, Nokia and Tencent will establish an end-to-end 5G test environment in Shenzhen. With 1.04 billion combined monthly active user accounts of its WeChat and QQ social media applications, Tencent aims to leverage the massive connectivity, increased speeds, capacity and reliability and lower latency enabled by 5G to enhance these services. Going forward, Nokia and Tencent will leverage the artificial intelligence and automation management capabilities enabled by 5G to promote international standards and an open-source ecosystem to expand the development of new services. The companies will conduct 5G applications research using technologies such as Edge Computing to benefit a number of vertical markets, including transportation, finance, energy, intelligent manufacturing and entertainment. This will potentially open up the widespread introduction of applications such as Cellular Vehicle-to-Everything (C-V2X) and enhance the delivery of services such as cloud-based gaming and entertainment. Key elements of the agreement: Establishes a joint laboratory equipped with leading 5G technologies, products and solutions, including centralized and decentralized split architecture using Nokia Airscale Radio Access Network, 5G Core, MEC framework and third party devices. Leverages the capabilities of an end-to-end 5G testing environment. Nokia and Tencent will conduct verification on service key performance indicators and develop new 5G and IoT use cases.

Tencent Holdings Limited Presents at The 4th China-Israel Investment Summit, Jul-02-2018

Tencent Holdings Limited Presents at The 4th China-Israel Investment Summit, Jul-02-2018 . Venue: Zhuhai International Convention and Exhibition Center, Zhuhai, Guangdong Province, China.

Tencent Holdings Limited Presents at Asean C-Suite Investor Conference, Jun-27-2018 02:00 PM

Tencent Holdings Limited Presents at Asean C-Suite Investor Conference, Jun-27-2018 02:00 PM. Venue: Ritz Carlton Millenia, 7 Raffles Ave, Singapore, Singapore. Speakers: Si Chen, Senior Strategy Manager.

 

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700

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Valuation 700 Industry Range
Price/Earnings 35.7x
Price/Sales 10.8x
Price/Book 10.2x
Price/Cash Flow 35.5x
TEV/Sales 9.7x
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