# Tencent Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tencent-holdings

- Industry: Internet
- Headquarters: Shenzhen, China
- Website: www.tencent.com
- Total disclosed funding: $2.2M
- Latest round: Series A (Jun 1, 1999)
- Investors on record: 2

## About

Founded in 1998 and based in Shenzhen, China, Tencent Holdings Limited provides communications and social platforms such as QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, Tencent Cloud and Tenpay. 

Tencent Holdings Limited is a multinational technology conglomerate holding company that provides various Internet-related services and products including entertainment, artificial intelligence, and other technology to global markets through its subsidiaries. The company’s services include social network, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games along with internet, mobile, and telecom services. 

In China, the company operates the instant messengers Tencent QQ and WeChat, and web portal QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay. Tencent also owns the majority of Global's music services with its division Tencent Music Entertainment that has more than 700 million active users and 120 million paying subscribers. The company's subsidiaries are Aurora Studio, Fatshark, Funcom, Grinding Gear Games, Iflix, Klei Entertainment, Leyou, Lightspeed & Quantum, Miniclip, Morefun Studio, Riot Games, Sharkmob, Sixjoy, Supercell, Tencent Music, Tencent Pictures and TiMi Studios.

In 2020, the company generated a revenue of USD 73.56 billion.

## Funding rounds

- Series A, Jun 1, 1999, $2.2M — PCCW, IDG Capital

## Investors

- PCCW — Series A
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A