• Wed
  • Sep 24, 2014
  • Updated: 12:25pm

Tencent

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's WeChat platform to benefit from 58.com partnership

Tencent Holdings has moved a step closer to narrowing the gap with e-commerce giant Alibaba Group in their race to build a highly integrated online-to-offline retail network on the mainland.

Tuesday, 1 July, 2014, 4:05am

Tencent's messaging app WeChat target of latest crackdown by officials

The authorities will begin a month-long crackdown on Tencent Holdings' popular WeChat messaging application, state media reported, the latest in a series of curbs on online expression.

28 May 2014 - 5:01am 4 comments

Tencent expansion in Asia may be bolstered by Kakao connection

Tencent Holdings, which owns 13 per cent of top South Korean mobile messaging provider Kakao, could see its regional expansion receive a big boost with Kakao's acquisition of Daum Communications, Korea's second-biggest web portal operator.

27 May 2014 - 1:34am

Tencent overtakes China Mobile to become Asia's most valuable brand

Mainland internet giant Tencent Holdings emerged as the world's fastest-growing brand this year and surpassed China Mobile as the most valuable in Asia, according to the latest BrandZ Global Top 100 study.

22 May 2014 - 1:19am

Tencent surges as profit beats estimates on mobile games, ads

Shares of Tencent, Asia's largest internet company, jumped the most in more than two years after first-quarter profit soared because of online game sales and advertising revenue from its WeChat and QQ messaging services.

16 May 2014 - 1:05am

Profit at tech firm Tencent up 60pc in first quarter year on year

Tencent posted a better-than-expected 60 per cent rise in net profit year on year in the first quarter, helped by strong growth in online games via its mobile applications.

15 May 2014 - 1:43am

Tencent to bolster expansion plans with record bond sale

Internet giant Tencent will move a step closer to firming up its expansion initiatives this year after completing next week a dual-tranche notes offering worth US$2.5 billion, which marks the biggest bond issue by a technology company in Asia, excluding Japan.

24 Apr 2014 - 8:47am

Alibaba, Tencent take rivalry to mobile network services

The proverbial battle for the hearts and minds of mainland consumers between Alibaba and Tencent will soon play out in a vast new market for the two companies: mobile network services.

21 Apr 2014 - 6:43pm

Tencent primed for more M&A deals after big bond issue

When Tencent president Martin Lau Chi-ping was asked at a press conference last month about the company's growing rivalry with Alibaba, he described the media's portrayal of normal industry competition as "melodramatic".

12 Apr 2014 - 12:59am

Baidu cautious on acquisitions as giants rush to strike deals

China's internet sector recorded its busiest period for mergers and acquisitions last year as cash-rich online giants Tencent, Alibaba and Baidu led the way with a spate of major transactions.

11 Apr 2014 - 6:08pm