Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services.

  • 10001 - max


Advertising,Internet,Online Games,Online Portals,Social Media Marketing
Founded date
Nov 1, 1998
Number Of Employee
10001 - max
Operating Status
Golden Technology Tencent Interest Content Fund (TOPIC Fund)

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks.

Tencent has maintained steady growth under its user-oriented operating strategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.

In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.

Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.


Number of Investments
Number of Lead Investments
Tencent has made 107 investments. Their most recent investment was on Dec 16, 2022, when Shiftup raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 16, 2022 Shiftup
Private Equity(PE) Gamification Yes
Oct 18, 2022 Shardeum
Seed ₹1.49B Blockchain
Oct 13, 2022 NorthOne
Series B $67M Apps
Oct 10, 2022 Airwallex
Series E $100M Finance
Sep 28, 2022 Satispay
Series D €320M Banking


Tencent has acquired 2 organizations. Their most recent acquisition was Riot Games on Feb 1, 2011. They acquired Riot Games for $400M.

Date Company Name
Industry Acquisition Type Price
Feb 1, 2011 Riot Games
Computer acquisition $ 400M Detail
Jul 19, 2021 Stunlock Studios
Digital Media acquisition Detail