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Tencent Holdings Limited

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Tencent Holdings Limited - ICT showcase

Year Founded & Workforce

1999

44,800 Employees

Industry

ICT

Services

Payment Platform
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Tencent Holdings Limited Overview

Company Headquarter: China

Founded: 1999

Workforce: ~44,800

Company Working: Tencent Holdings Limited (Tencent) provides a range of integrated Internet platforms offering various services, including communications, social networking, online games, information, and video content. Tencent operates through three business segments: value-added services (VAS), online advertising, and others. Its operations are divided into six business lines: social networks, payment, entertainment, information, utilities, and platform services.

The payment business line comprises various payment platforms which include Tenpay, Weixin/WeChat Pay, and QQ Wallet. Tenpay is an online payment platform in China. The platform supports online payment transactions for individuals and corporate users with secure and professional services. Weixin/WeChat Pay is a payment solution which enables its users to have quick payment transactions on their mobile phones.

Company Snapshot

$6,890M

Revenue

44,800

Employees

1999

Founded

SWOT Analysis

Strengths

  • Robust business model supported by integrated user experience
  • Consistent financial performance
  • String market position and extensive reach
  • Strategic partnerships and investments to enhance business prospects

Weaknesses

  • Concentrated operations restrict growth opportunities

Opportunities

  • Strong outlook for Chinese e-Commerce market
  • Focus on AI
  • Strengthening advertising portfolio

Threats

  • Stringent regulatory environment
  • Hacking and related security issues
  • Increasing competition

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Product Offering

  • Tencent Holdings Limited
    • Payment Platform

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 6.9 Bn in 2015 to USD 35.1 Bn in 2017.
Tencent Holdings Limited — By Business Segment
Series (USD Bn)201520162017
Global Sales6.922.935.1

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