Tencent Holdings Ltd

Founded in November, 1998, Tencent has grown into one of China’s largest Internet service portals. Its platforms include QQ (QQ Instant Messenger), QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay, and span communication, information, entertainment, e-commerce and others. As of September 30, 2011, it said its active QQ user accounts for QQ IM stood at 711.7 million. Tencent listed in Hong Kong in 2004.

Tencent aims to work with regulator on online financial services market

Tencent chairman Pony Ma (centre) says his company wants to see the internet industry grow and have more players. Photo: Nora Tam

Tencent, which posted fourth-quarter net profit below analysts' estimates, plans to closely engage with regulators to help ensure that safeguards can be established for the mainland's nascent internet financial services market and help it expand.

Thursday, 20 March, 2014, 1:53am

Chinese internet giants transplant 'red envelopes' holiday tradition to mobile cyberspace

WeChat’s 600 million users around the world can now send and receive virtual “red envelopes”. Photo: Reuters

Could the Chinese tradition of giving red envelopes with cash inside as gifts go digital during this year’s Lunar New Year holiday? That is what the new feature on Tencent’s flagship messaging mobile application WeChat, a “red envelope" add-on which went viral this weekend, aims to do.

27 Jan 2014 - 6:21pm

Tencent, Alibaba woo matchmaking site Jiayuan

The homepage for QQ.com, operated by Tencent Holdings Ltd., is displayed in Hong Kong. Photo: Bloomberg

Consolidation in China's crowded Internet is moving ahead full steam these days, with the latest reports indicating that online matchmaking site Jiayuan.com International (Nasdaq: DATE) may be the latest takeover target.

21 Jul 2013 - 11:55am

Tencent's 'WeChat' instant-message app will challenge Sina

WeChat's user base could double to 400 million within three years. Photo: Thomas Yau

Just two years ago next month, Tencent Holdings introduced a mobile instant-message application called WeChat. It already has 200 million users, including Lai Jingkui, a teacher in Zhuhai in the south, who uses the "Drift Bottle" function to find friends.

While Lai, 23, is still looking, Tencent has found a hit.

29 Dec 2012 - 4:58am

Corrections & clarifications

The article headlined 'Tencent buys 20pc stake in Caixin' on B6 yesterday incorrectly stated that Tencent would buy one fifth of Caixin Media. In fact, Tencent already has a stake in Caixin Media, but both sides declined to disclose any details of the transaction. The figures cited were inaccurate and were based on market speculation.

21 Jul 2012 - 12:00am

Rumour battle cannot be won

Chinese history is littered with stories of rulers and rumours, the inevitable result of excessive power being jealously guarded. Too often events end badly, usually with instability or tragedy. But sometimes, as with the early Han dynasty, gossip was listened to, rather than brutally silenced, to gauge popular sentiment.

4 Apr 2012 - 12:00am

Odyssey in search of human kindness

In a project hatched by the internet giant Tencent to prove the mainland remains a warm-hearted place despite recent shocking incidents, 10 adults and a five-year-old boy recently travelled across the country armed with just 140 yuan (HK$172) each.

25 Jan 2012 - 12:00am

First global issue for Tencent raises US$600m

Mainland internet giant Tencent has completed its sale of US$600 million worth of five-year US dollar-denominated bonds, the company's first international debt offering.

7 Dec 2011 - 12:00am

Tencent primed to use bonds for buying spree

Tencent Holdings, the mainland's largest internet company, plans to pursue new strategic acquisitions with proceeds from a proposed international bond offering.

15 Nov 2011 - 12:00am

Tencent sets aside funding for apps

Tencent Holdings, China's largest internet company by market value, will double the size of its investment fund to 10 billion yuan (HK$12 billion) to encourage technology developers to create more innovative applications on its platform.

16 Jun 2011 - 12:00am

Cash crusader goes cyber

A masked crusader who has been giving out cash to the poor and elderly in Hong Kong has opened a microblog on the mainland which has attracted 20,000 followers in the past two days.

13 Jun 2011 - 12:00am

Social networking is name of the game

Shanda Games, the mainland's third-largest online games operator and publisher, plans to make an aggressive push to develop new social-networking-based offerings and acquire games studios to expand its domestic market share and pick up new business overseas.

2 Jun 2011 - 12:00am

Tencent silences online bridge debate

A website set up by a mainland-based internet company on which Civic Party vice-chairman Albert Lai Kwong-tak debated Hong Kong issues, including the court case that has delayed the Hong Kong-Zhuhai-Macau bridge, has been shut down barely two days after it opened.

27 May 2011 - 12:00am

Digital Sky purchase puts Tencent top of buyers' gameboard

Tencent Holdings topped a survey of strategic acquisitions and funding made in the global video gaming industry last year, with its US$300 million investment in Russia's leading internet games provider.

3 May 2011 - 12:00am

Stealing by another name is allowed in online game

It's only a game, right? Not as far as the Ministry of Culture is concerned, and especially not if it encourages thieving.

19 Dec 2009 - 12:00am

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