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tencent holdings ltd (NNNC) Snapshot

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tencent holdings ltd (NNNC) Details

Tencent Holdings Limited, an investment holding company, provides Internet and mobile value-added services (VAS), online advertising services, and e-commerce transactions services to users in the People’s Republic of China, the United States, Europe, and internationally. The company operates through VAS, Online Advertising, e-Commerce Transactions, and Others segments. It provides online games, community value-added services, and applications across various Internet and mobile platforms; instant messaging services; value added services, such as club membership, avatar, personal spaces and communities, online music, dating services, etc.; and wireless Internet value added services, including short messaging service, multimedia messaging service, interactive voice response services, WAP, mobile IM service, and mobile games. The company also enables third-party game/application developers to host games/applications in its Internet platforms. Its online advertising services consist of display advertising on instant messaging clients, portals, social networks, and other platforms. The company’s e-commerce transactions business primarily include the sale of merchandise through its Internet platforms, including QQ Instant Messenger, WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay. In addition, it provides trademark licensing, software development, and software sale services. Tencent Holdings Limited was founded in 1998 and is headquartered in Shenzhen, the People’s Republic of China.

24,993 Employees
Last Reported Date: 08/25/14
Founded in 1998

tencent holdings ltd (NNNC) Top Compensated Officers

Principal Founder, Chairman, Chief Executive ...
Total Annual Compensation: CNY23.1M
President, Executive Director and Chairman of...
Total Annual Compensation: CNY12.2M
Co-Founder, Chief Technology Officer and Vice...
Total Annual Compensation: CNY15.9M
Compensation as of Fiscal Year 2013.

tencent holdings ltd (NNNC) Key Developments

Baidu, Tencent and Wanda Announce e-Commerce Venture

Wanda Group, and Baidu and Tencent unveiled a new e-commerce venture in a challenge to Alibaba Group. The three companies said they will integrate online and offline selling, with e-commerce services in Wanda's 107 shopping malls, as well as its hotels and resorts. They said they would invest CNY 5 billion ($814 million) to start.

Shanda Denies Being Acquired By Tencent

Shanda Games Limited (NasdaqGS:GAME) has denied that Tencent Holdings Ltd. (SEHK:700) is to spend $6 billion for acquiring Shanda. Tencent declined to comment.

Sinopec Sales Signs Business Cooperation Framework Agreement with Tencent

Sinopec Corporation announced that Sinopec Sales signed a business cooperation framework agreement with Tencent. The two sides will build a long-term all-round strategic partnership and make use of resources, quality channels and core capacities to boost business development and provide multi-channel, more convenient and considerate services for customers. The two will launch cooperation in business development and promotion, mobile payment, media promotion, O2O business, map navigation, loyalty management, big data applications and cross marketing.

 

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