- Business
- Tencent Holdings Limited (80700.HK) is a leading internet and technology company that provides value-added services (VAS), marketing services, fintech and business services through its subsidiaries worldwide. Founded in 1998 and headquartered in Shenzhen, China, the company operates primarily in Mainland China with global presence across Asia Pacific, Americas, Europe, Middle East and Africa; it engages consumers via communication platforms including Weixin/WeChat instant messaging and social networks, QQ mobile messaging; digital content encompassing Tencent Games (domestic and international titles such as Honour of Kings, Peacekeeper Elite, Delta Force, VALORANT Mobile, Clash Royale), Tencent Video long-form streaming, live streaming, news, Tencent Music subscriptions, literature; fintech offerings comprising Weixin Pay mobile payments, QQ Wallet, LiCaiTong wealth management, Tenpay Global cross-border payments, consumer loans, securities trading; utility tools like Tencent Mobile Manager, PC Manager, QQ Browser; marketing solutions with AI-powered ad targeting, AIM+ automated campaigns; Tencent Cloud computing integrated with big data analytics, AI (HunYuan foundation model), IoT, security for industries including finance, retail, healthcare, education, transportation; smart industry solutions such as Smart Retail, Smart Healthcare, Smart Transportation, WeCom enterprise communication, Tencent Meeting conferencing, Weixin Mini Programs and Mini Shops e-commerce. The company reports through segments including VAS (domestic and international games, social networks), Marketing Services, FinTech and Business Services (cloud, e-commerce tech), and others like media production, software development. In recent developments, Tencent achieves 15% year-on-year revenue growth to RMB192.9 billion and 22% gross profit increase in 3Q2025, driven by AI investments enhancing ad targeting, game engagement, coding efficiency and HunYuan model upgrades (leading in image/3D generation); domestic games grow 15% with Delta Force top receipts and VALORANT Mobile top launch; international games surge 43% via Supercell and acquisitions; marketing services rise 21% on higher impressions/eCPMs; FinTech/Business Services up 10% from cloud AI demand, Mini Shops GMV; it launches Venture Lab for game developers, expands Yuanbao AI in Weixin, issues offshore yuan bonds, deepens partnerships like Western Union for Tenpay Global, and invests as limited partner in funds targeting smart home and primary market opportunities.