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Read an overview of Tencent's biggest business moments, from the 2011 WeChat launch to streaming deal with Universal Music Group.

Findings

Additional insights we found via World Economic Forum

  1. Tencent started as an online messaging platform in 1998, co-founded by Ma Huateng (Pony Ma), Zhang Zhidong (Tony Zhang), Xu Chenye (Daniel Xu), Chen Yidan (Charles Chen), and Zeng Liqing (Jason Zeng).

  2. Pony Ma beat out Alibaba's CEO Jack Ma as the richest person in Asia twice, once in 2017 and again in 2020.

  3. On top of its expansive video game brands, Tencent also manages financial services both within WeChat and through its digital WeBank.

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