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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/mobile games, community VAS, and applications across various Internet and mobile platforms; instant messaging services; and online literature services. The company’s online advertising services include display advertising; and delivery of pay-for click, pay-for download, or pay-for instant display advertisements. The company also provides payment related, cloud, and other services. In addition, it is involved in the development of software and provision of information technology services; asset management business; design and production of advertisement; development and operation of online games; and provision of online music entertainment services. Tencent Holdings Limited has strategic partnerships with Dentsu Aegis Network and Ubisoft. The company was founded in 1998 and is headquartered in Shenzhen, China.

43,472 Employees
Last Reported Date: 11/15/17
Founded in 1998

tencent holdings ltd (700) Top Compensated Officers

Co-Founder, Chairman & CEO
Total Annual Compensation: CNY37.5M
President & Executive Director
Total Annual Compensation: CNY26.8M
Compensation as of Fiscal Year 2016.
tencent holdings ltd
Ubisoft and Tencent Partner to Bring Ketchapp Games to Weixin Mini-Game Application

Ubisoft and Tencent announced a strategic partnership to bring a selection of Ketchapp games to Tencent's newly-launched mobile Weixin mini-game application. Weixin is WeChat's mirror application for Mainland China users. With 980 million monthly active user accounts (MAU), Weixin is the most popular mobile application in China, making its users' life more fun, social, convenient and efficient. Recently, Weixin introduced a gaming application in Mainland China called Weixin mini-game, which allows users to access a wide selection of games in Weixin without downloading additional applications. This application aims to support developers by solving some of the critical challenges they face, including long development cycles, high operational costs, and allowing them to be more agile and reactive to opportunities within the mobile gaming market.

WeDoctor Seeks IPO In Hong Kong

Weiyi Group backed by Tencent Holdings Limited (SEHK:700) plans to seek a listing on the Hong Kong stock exchange in 2019 as investors bid up technology stocks.

Tencent, Spotify Reportedly In Talks To Swap Stakes Of Up To 10% Ahead Of IPOs

Tencent Holdings Limited (SEHK:700) and Spotify AB are in talks to buy stakes of up to 10% in each other’s businesses ahead of their expected initial public offerings next year, the Wall Street Journal reported, citing sources familiar with the matter.

 

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700

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Valuation 700 Industry Range
Price/Earnings 59.9x
Price/Sales 16.9x
Price/Book 15.6x
Price/Cash Flow 59.7x
TEV/Sales 15.7x
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