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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.

48,684 Employees
Last Reported Date: 09/20/18
Founded in 1998

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tencent holdings ltd
Tencent Holdings Limited Announces Cash Flows Results for the Six Months Ended June 30, 2018

Tencent Holdings Limited announced cash flows result for the six months ended June 30, 2018. For the period, the company reported net cash flows generated from operating activities was RMB 41,403 million compared to RMB 47,082 million a year ago.

Brave Bison Group plc Agrees Distribution Partnership with Tencent Holdings Limited

Brave Bison Group plc has agreed a distribution partnership with Tencent Holdings Limited. The partnership will give Brave Bison access to over 1.5 billion Chinese viewers. Tencent owns WeChat, China's leading messaging, payments and social media app which has one billion monthly active users. Brave Bison will be supplying Tencent with licensed video content from Western-based creators suitable for the Chinese audience, opening up a previously inaccessible market for many content creators.

Square Enix Holdings Co., Ltd. and Tencent Holdings Limited Sign Letter of Intent to Create Strategic Alliance

Square Enix Holdings Co., Ltd. announced that the company and Tencent Holdings Limited have signed a letter of intent to create a strategic alliance between the high-quality content provider and the mega internet service provider. Square Enix Group is making tireless efforts to offer unique content experiences to its fans all over the world through multifaceted business deployment. Square Enix Group will be accelerating these business development efforts to enhance its content services worldwide through this strategic alliance with Tencent Group. Outcomes of this newly created alliance include the establishment of a joint-venture company, co-development of AAA titles based on new intellectual properties, the licensing of existing intellectual properties, and more.

 

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700

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Valuation 700 Industry Range
Price/Earnings 28.6x
Price/Sales 8.1x
Price/Book 7.7x
Price/Cash Flow 28.5x
TEV/Sales 7.0x
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