2024 has been a remarkable year for Tencent in Southeast Asia — from launching cloud and fintech innovations, to championing sustainability and education, and even pushing the boundaries of esports — our work in the region has only just begun. This 2025, look beyond with Tencent Singapore, and discover how we create value for our users and tech for good. #Tencent #TencentSoutheastAsia #AI #tech #digital #growth
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Sandboxing: The Gateway to Safe Innovation and Transformative Growth!" 🛠 In this compelling follow-up, Shayan Yar sheds light on how sandboxing isn't just a tech giant's game, it’s a global innovation tool. 🌍 While companies like Google, Meta, and Amazon use it to refine their strategies, SECP in Pakistan is leveraging this concept to test revolutionary ideas like crowdsourcing in a secure, controlled environment. 💻🔒 From overcoming regulatory hurdles to turning bold concepts into scalable solutions, sandboxing is the ultimate bridge between vision and reality. Don’t miss this insight-packed segment on how sandboxing is reshaping the future of innovation! 📈 #SandboxingSuccess #InnovationUnleashed #OventuresLeadership #RiskFreeInnovation #ThinkBigActSmart #GlobalInnovation #LeadershipInAction #TransformingIdeas
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**Tencent** is one of the largest and most influential companies in the world, especially within the technology and entertainment industries. Here's an overview of its history, business segments, ownership, growth, current status, and future prospects. ### **History of Tencent** - **Founded**: Tencent was founded in **1998** by **Ma Huateng (Pony Ma)** and **Zhang Zhidong** in **Shenzhen, China**. Initially, it focused on instant messaging services. - **First Product**: Its first major product was **OICQ (Open ICQ)**, a messaging service inspired by ICQ (the world's first internet instant messaging service). It was later rebranded as **QQ** in 2000. - **Public Listing**: Tencent went public on the **Hong Kong Stock Exchange** in **2004**, which helped it raise capital and fuel its expansion into other business areas. ### **Business Segments** Tencent operates in various segments, which are key to its success and revenue generation: 1. **Social Networks and Messaging**: - **QQ**: Originally an instant messaging platform, QQ evolved into a broader social media platform. - **WeChat (Weixin)**: Launched in **2011**, WeChat has become one of the most widely used apps in China, combining messaging, social networking, mobile payments, and e-commerce services. As of 2023, WeChat had over 1.3 billion monthly active users globally. 2. **Gaming**: - Tencent is the **world's largest video game company** by revenue. It owns **Riot Games** (developers of *League of Legends*), **Supercell** (makers of *Clash of Clans*), and has stakes in companies like **Epic Games** (*Fortnite*) and **Activision Blizzard**. - Its own gaming titles include **Honor of Kings** and **PUBG Mobile**, which have been massive successes globally. 3. **FinTech and Business Services**: - Tencent operates **WeChat Pay**, one of China’s largest mobile payment services, which is deeply integrated into the daily lives of Chinese consumers. - Tencent Cloud offers cloud computing and enterprise services, competing with Alibaba’s cloud business in China and globally. 4. **Digital Content and Entertainment**: - **Tencent Music** (a partnership with Spotify) operates **QQ Music**, **Kugou**, and **Kuwo**, making Tencent a leader in music streaming in China. - **Tencent Video**: A leading video streaming service in China, similar to Netflix. - The company also invests heavily in online literature, comics, and animations, with its **Tencent Pictures** division involved in film and TV production. 5. **Investments and Other Ventures**: - Tencent has a massive investment portfolio in tech companies worldwide. It holds stakes in companies like **Tesla**, **Spotify**, **Snapchat**, **JD.com**, **Pinduoduo**, and many others. - Tencent has also ventured into AI, virtual reality (VR), and autonomous driving technologies. ### **Ownership Structure** - **Founders**: Ma Huateng (Pony Ma) remains the chairman and CEO, and he is one of the richest people in China.
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Tencent, the Chinese tech behemoth, reported an impressive 82% surge in quarterly profit, driven by robust growth in its gaming division. The company's revenue hit 161.12 billion yuan ($22.5 billion), surpassing expectations. This resurgence follows a challenging 2022, marking a significant turnaround. Key to this success is the new game Dungeon & Fighter Mobile (DnF Mobile), which has captivated millions and boosted Tencent's shares by 27% this year. The gaming sector alone saw a 9% year-on-year revenue increase, with international games also contributing significantly. Additionally, Tencent's online advertising revenue grew by 19%, thanks to video ads on WeChat. The fintech and business services division, including WeChat Pay, saw a modest 4% rise. Tencent's strategic focus on gaming and digital services continues to pay off, positioning it for sustained growth.
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📊 Tencent Holdings Ltd.: A Global Force in Gaming, Tech, and Innovation 📊 Tencent isn’t just a leader; it’s a pioneer in transforming how we connect, play, and innovate. From WeChat's ecosystem to its investments in Tesla and Spotify, Tencent’s influence spans the globe. In our detailed review, we cover: ➡️ Gaming leadership: Fortnite, League of Legends, and beyond ➡️ AI & cloud advancements: Revolutionizing industries ➡️ Strategic investments driving global innovation ➡️ Regulatory challenges and the path ahead 🔗 Read the full report here https://lnkd.in/dkkDQ9WU 💬 We’d love to hear your thoughts on Tencent’s global impact. Share your insights below! #Tencent #TechInnovation #AI #Gaming #WeChat #Leadership #HGWInsights
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🎮 Our 2025 Mobile Gaming Predictions have landed! Careful, they are hot out of the oven 🥵 📈 2025 Will Be Better—But Not by Much Inflation is easing, and companies are adapting post-IDFA, but the market remains stagnant. Growth will come from stealing players, not expanding the pie. 💸 Subscription Gaming? Dry Spells Ahead Netflix, Apple, and Microsoft are pulling back funding. Free-to-play dominates, leaving little room for premium subscription success. 🤖 AI in Gaming: Incremental, Not Transformative AI tools help small teams optimize, but AAA studios struggle to integrate them. It’s a tool, not the revolution we were promised. 🌈 DEI Faces Backtracking Cultural shifts and market pressures mean less focus on Diversity, Equity, and Inclusion. Companies are prioritizing broad appeal and market growth. 💼 Gaming VCs Expand Beyond Games With stagnating growth, VCs are investing in gaming-adjacent sectors like tech and tools. Fewer funds will go directly to game studios. 🇨🇳 Western Publishers Distance from China Tencent and NetEase face increasing scrutiny as geopolitical tensions rise. Expect moves from Riot, Supercell, Miniclip, and others to dilute Chinese ownership. 👉 Read the full predictions by following the link in the description #MobileGames #GamingIndustry #GameDevelopment #DeconstructorOfFun
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With a snap of the Infinity Gauntlet, Tencent dominates another category. This time, ‘shooter/platformer.’ Economy designers, take notes! Feature scope and production values are as eyebrow-raising as we’d expect from TC. In April ‘23, Metal Slug Awakening’s CN release immediately took the market-leading position from Contra (2017, NetEase). Then in July ‘24, it finally released worldwide. Retention is on-par with Contra, but the post-IDFA handicap is a significant headwind. Looks like a $200-$250M product given this trajectory. Not bad for a platformer / run n’ gun.
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Thrilled to share a memorable evening with the Founders and CEOs of 20 leading App & Gaming studios in Vietnam, including global leaders like OneSoft and iKame. This appreciation dinner celebrated a transformative 2024, where Vietnamese developers successfully shifted towards creating higher quality hybrid-casual games, particularly in the puzzle genre, with a focus on long-term retention and hybrid monetization. Beyond gaming, we witnessed remarkable growth in productivity, utility, and AI-powered apps. Many studios effectively leveraged Meta Ads and Audience Network to boost their user acquisition and monetization results. As we look ahead to 2025, the future is bright. With more studios mastering hybrid monetization, adopting AI to enhance efficiency, and benefiting from innovative ad format improvements across major networks, the App & Gaming industry in Vietnam is poised for another exciting year of growth and innovation! Joshua Koh, Hong Tran, Yen Ngo
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Did you know Alibaba has been testing new Multi-Camera AI Cloud Technology which is being deployed at the 2024 Paris Olympic Summer Games? Alibaba Cloud, the technology arm of Alibaba Group, tested its AI-enhanced multi-camera replay service at the Olympic Qualifier Series in Shanghai and is now deploying it at various venues during the Paris 2024 Olympics. This innovation offers a dynamic viewing experience. Selina Yuan, President of International Business at Alibaba Cloud Intelligence, expresses excitement about collaborating with Olympic Broadcasting Services (OBS) to elevate sports broadcasting. She emphasizes their goal to redefine how global audiences engage with the Olympics using advanced cloud technologies. #alibaba #gamestagram #paris #paris2024 #2024olympics #benow #cloudtechnology #summergames #alibabacloud #alibabagroup #viewingexperience #internationalbusiness #sportsbroadcasting #cloudtechnologies #france #cloudy #olympic #technologyisawesome #summer #bestsummer #gamers #cloudscape #tech #arm #bestservice #series #venues #innovation #viewing #experience
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Change is the only constant (Q1, Q2, Q3). Q1: "Ma's resurgence to the top of the wealth rankings comes as a result of recent fluctuations in the market, with Tencent’s performance outpacing its competitors amid a revival in China’s gaming sector." Q2: "As of 2:23 pm local time, Ma’s fortune stands at $43.9 billion, surpassing bottled water magnate Zhong Shanshan, who has dropped to third place. Zhang Yiming, founder of ByteDance Ltd., which owns the popular app TikTok, now holds the second spot." Q3: "As of now, Pony Ma’s return to the top reflects a broader trend of recovery within China’s tech sector and signals a potential rebound in the country’s economic fortunes." https://lnkd.in/gZKHTAGr
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Internet | NetEase - Eric Wen According to Sensor Tower, NetEase's game mobile grossing increased by 26% MoM in July, above seasonality, mainly attributable to Naraka Mobile’s release on July 20th. Further, we are positive on Marvel Rivals (PVP FPS/PC) and Marvel Snap (TCG/PC+mobile) to possess appealing genres and global scope. Read full story here: https://buff.ly/4g7zVu9 For more information on our #internet product, and other Aletheia Capital research, please contact info@aletheia-capital.com #investments #advisory #ideas #fintech #InYourCorner
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We are excited about launching cloud and fintech innovation, and Tencent rtc's conversational AI solution will bring more possibilities.