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tencent

Tencent

Active Users

In China, Tencent is the undisputed leader in mobile. It has over 1 billion active mobile app users across all of its apps.1)

Alibaba

Alibaba is in second place with 188 million MAUs. “We also invested heavily,” said Alibaba founder Jack Ma, “but we are not that lucky and not as innovative as Tencent, which has WeChat, such a powerful thing”. 2)

WeChat

Tencent's WeChat is the most popular smartphone app in China and the third largest mobile app in the world, after Facebook and WhatsApp, with 438 million monthly active users. 3)

Success In China

Tencent had the highest downloads and revenue in China's iOS App store throughout the first seven months of 2014. 4)

Earnings From Gaming

Online gaming currently accounts for 32% of Tencent's income. Last quarter's gaming revenue was $135.3 billion. 5)

Foundation

Tencent was founded in November 1998. 6)

OICQ

Tencent's OICQ (later QQ) was a clone of ICQ, which AOL purchased from Mirabilis, an Israeli firm. 7)

Data In Internet Cafes

Tencent saw that this would not work in China, where there were many Internet cafes, so it stored the data on the server. ICQ stored all of its user data and buddy lists in the browser; Tencent saw that this would not work in China, where there were many Internet cafes, so it stored the data on the server. 8)

First Revenues

Tencent's first cash came from licensing its designs to the same Guangzhou design business that generated them when it had no revenues. 9)

Red Envelope Campaign

WeChat immediately connected to more than 200 million bank accounts when it started its red envelope campaign on Chinese New Year in 2014. Alibaba's digital Pearl Harbor strike, according to Jack Ma. 10)

Largest Gaming Publisher

Tencent is the largest gaming publisher in the world. 11)

Universal Music

Tencent recently finalized a deal in which it acquired a 10% share in Universal Music. Major artists on the label's roster include Lady Gaga, Taylor Swift, Drake, and Kendrick Lamar. 12)

Tencent Pictures

Tencent Pictures, the company's film and production arm, has worked on a variety of Hollywood films, including Terminator: Dark Fate (2019), Wonder Woman (2017), and the impending Top Gun sequel, Top Gun: Maverick. 13)

Tesla

This Chinese giant owns 5% of the US electric car firm Tesla. 14)

tencent.txt · Last modified: 2021/09/22 01:29 by eziothekilla34