Nationality
Chinese
CEO
Ma Huateng
Sector / Main Business Area
Tencent is a massive multinational tech holding company that owns chunky stakes in a number of companies such as Epic Games, Voodoo, Spotify, Snap and Tesla. It is the world’s biggest video game vendor
Listed / Private
Listed
Competitors
Include NetEase and Baidu
Fun fact(s)/Brand(s)
South African internet company Naspers made a very canny investment in Tencent back in 2001 and still holds around 31% of the shares in Tencent. It seems that every time they want a bit of money, they sell a few Tencent shares (something akin to what Japan’s SoftBank does with its stake in Alibaba)…
Last reviewed/edited
10th Oct 2020 PW