What Companies Does Tencent Own

What Companies Does Tencent Own?

Tencent, the Chinese multinational conglomerate, is no stranger to the world of business. Known for its formidable presence in the technology, gaming, and social media industries.

With a diversified portfolio of companies, Tencent’s ownership extends beyond its flagship app WeChat.

Some of the most notable companies under the Tencent umbrella include Riot Games, the developers of League of Legends, and PUBG Corporation, the creators of the popular video game PlayerUnknown’s Battlegrounds.

Additionally, Tencent has invested heavily in companies like Spotify, Tesla, and Snap Inc., further cementing its position as a global player in the tech world.

With its finger on the pulse of innovation and a relentless drive to succeed, Tencent’s continued expansion into new markets is nothing short of impressive.

Who Owns Tencent?

Tencent is majority-owned by the Chinese technology conglomerate Naspers, which holds a 34% stake in the company.

Other major shareholders of Tencent include China Investment Corporation (CIC), with an 11% stake, and South Africa-based media group Naspers, with an 8.4% stake.

The remaining shares are held by public investors, including institutional investors and individual investors from around the world.

What Companies Does Tencent Own?

Brands and companies owned by Tencent are listed and explained below:

Company NameIndustryDetails
Riot GamesGamingKnown for League of Legends and Valorant. Tencent acquired controlling stake in 2011 and fully acquired in 2015.
SupercellGamingFamous for Clash of Clans and Brawl Stars. Tencent owns a majority stake, increasing it over time.
Epic GamesGamingCreator of Fortnite and Unreal Engine. Tencent holds a 40% stake, making it a major shareholder.
Grinding Gear GamesGamingKnown for Path of Exile. Tencent acquired an 80% stake in 2018, solidifying its position in action RPGs.
Activision BlizzardGamingMaker of Call of Duty, World of Warcraft, and Overwatch. Tencent holds a minority stake.
UbisoftGamingKnown for Assassin’s Creed, Far Cry. Tencent holds a significant stake and influences development.
PlatinumGamesGamingKnown for Bayonetta and Astral Chain. Tencent has invested in the company to boost game development.
Yager DevelopmentGamingBest known for Spec Ops: The Line. Tencent’s investment helps in game development and distribution.
Frontier DevelopmentsGamingKnown for Planet Coaster and Elite Dangerous. Tencent’s investment boosts its global game production.
Kakao GamesGamingPublisher of Black Desert Online. Tencent’s investment strengthens their Asian distribution.
Paradox InteractiveGamingDeveloper of Europa Universalis, Crusader Kings. Tencent’s investment helps extend reach in Asia.
FatsharkGamingKnown for Warhammer: Vermintide. Tencent helps expand this cooperative action game’s content and features.
FuncomGamingDeveloper of Conan Exiles. Tencent’s investment strengthens their online and multiplayer game production.
SharkmobGamingFocuses on online multiplayer games. Tencent fully acquired the company to expand its multiplayer portfolio.
FunPlusGamingKnown for King of Avalon. Tencent has a significant stake, supporting mobile and PC game development.
DiscordCommunication & Social MediaCommunication platform for gamers. Tencent’s investment bolsters the development of the social features.
WeChatSocial Media & CommunicationTencent’s flagship product; a super app offering messaging, social networking, and financial services.
QQSocial Media & CommunicationInstant messaging and social networking platform with an established user base.
Tencent Music EntertainmentEntertainment & MusicOperates QQ Music, Kugou, and Kuwo, dominating China’s online music streaming market.
Tencent VideoEntertainment & VideoStreaming platform offering TV shows, movies, and original content. Competes with iQIYI and Youku.
Tencent PicturesEntertainment & FilmFocuses on film production and distribution, including hits like The Wandering Earth.
WeBankFintechChina’s first digital-only bank, offering banking services like loans and wealth management.
Tencent CloudCloud ComputingProvides cloud services with solutions in AI, big data, and infrastructure to businesses globally.
Sea LimitedE-commerce, Gaming, FintechOperates Shopee, Garena, and SeaMoney. Tencent is the largest shareholder, helping expand their operations.
NioElectric VehiclesTencent invests in the EV company Nio, known for luxury electric vehicles and autonomous driving technology.
Snap Inc.Social MediaParent company of Snapchat. Tencent holds a significant minority stake to influence the platform’s development.

Riot Games

Riot Games is one of the most influential game developers globally, renowned for its massively successful game League of Legends, which has helped shape the esports industry. Tencent acquired a controlling stake in Riot Games in 2011, and in 2015, it fully acquired the company.

In addition to League of Legends, Riot has developed other hit titles such as Valorant (a tactical first-person shooter), Teamfight Tactics (a strategy auto-battler game), and Legends of Runeterra (a card game). Riot’s games continue to dominate global esports events, with League of Legends having one of the most extensive competitive gaming ecosystems.

Supercell

Supercell is a Finnish mobile game developer behind some of the most successful mobile games in history, including Clash of Clans, Clash Royale, and Brawl Stars. Tencent first acquired a majority stake in Supercell in 2016 and later increased its stake. Known for its “cellular” organizational structure, where small teams work independently on game development, Supercell has achieved incredible success in the mobile gaming market.

Clash of Clans has remained one of the most-played mobile games globally, and Brawl Stars continues to build a large fanbase. Tencent’s involvement has significantly boosted Supercell’s global reach.

Epic Games

Epic Games is the American game development company behind Fortnite, one of the most influential video games of the past decade. Tencent purchased a 40% stake in Epic Games in 2012. Beyond its massive success with Fortnite, Epic Games is known for developing the Unreal Engine, a widely used game development engine that powers many AAA games. Tencent’s investment has helped Epic Games expand its influence globally, particularly in terms of technology with Unreal Engine 5, which is redefining game graphics and development pipelines.

Grinding Gear Games

Grinding Gear Games, based in New Zealand, is best known for developing Path of Exile, an online action RPG that has gained a strong following. In 2018, Tencent acquired an 80% stake in Grinding Gear Games, solidifying its position in the online RPG market.

Path of Exile is regarded as one of the best free-to-play action RPGs, with a deep skill tree and complex gameplay mechanics. Tencent’s investment has provided the studio with the resources to expand its content, ensuring Path of Exile remains a top-tier game in the genre.

Activision Blizzard

Tencent holds a minority stake in Activision Blizzard, a leading global developer and publisher of video games, including iconic franchises like Call of Duty, World of Warcraft, and Overwatch. Tencent’s investment is part of its larger strategy to gain a foothold in the Western gaming market. Although it does not have control over Activision Blizzard, its influence as a major shareholder has given Tencent access to the company’s extensive portfolio and developments.

Ubisoft

Ubisoft, a French game developer and publisher, is behind some of the most popular game franchises in history, such as Assassin’s Creed, Far Cry, and Rainbow Six Siege. Tencent owns a significant stake in Ubisoft, a strategic investment that allows the company to play a role in Ubisoft’s game development and publishing processes.

Tencent’s investment in Ubisoft has helped bolster the company’s presence in China, where Ubisoft’s titles often perform well. The partnership also enables Tencent to assist in developing and publishing Ubisoft games in Asia.

PlatinumGames

PlatinumGames is a Japanese game studio known for its high-quality action games, including Bayonetta, Nier: Automata, and Astral Chain. Tencent’s investment in PlatinumGames has facilitated collaboration between the two companies, ensuring the continued development of action-packed games.

Nier: Automata was a huge success globally, and Astral Chain is a critically acclaimed title that blends Platinum’s signature fast-paced action with innovative mechanics.

Yager Development

Yager Development is a German studio best known for developing Spec Ops: The Line, a third-person shooter praised for its narrative and innovative mechanics. Tencent’s investment in Yager has helped the studio develop and distribute games internationally.

While Yager is relatively smaller compared to other major studios, its focus on narrative-driven games has made it an attractive partner for Tencent.

Frontier Developments

Frontier Developments, a British game studio, is renowned for simulation and management games, including Planet Coaster, Elite Dangerous, and Jurassic World Evolution. Tencent’s investment in Frontier has bolstered its ability to produce immersive experiences that cater to simulation enthusiasts.

Planet Coaster became a fan favorite for theme park simulation, while Elite Dangerous offered space exploration on an unprecedented scale. Tencent’s backing has provided Frontier with the capital to further expand its gaming portfolio.

Kakao Games

Kakao Games is a subsidiary of South Korea’s Kakao Corporation and is responsible for publishing and developing games, including the highly successful Black Desert Online. Tencent’s investment in Kakao Games has strengthened the partnership between the two companies, particularly in terms of game distribution in China and other international markets. Tencent’s experience in global gaming markets has allowed Kakao Games to scale its operations more efficiently.

Paradox Interactive

Paradox Interactive, based in Sweden, specializes in grand strategy games like Europa Universalis, Crusader Kings, and Stellaris. Tencent’s investment in Paradox has helped the company expand its global reach, especially in Asia, where its complex and historically rich games have found a dedicated audience. Paradox’s niche in strategy games is supported by Tencent’s global distribution capabilities.

Fatshark

Fatshark is a Swedish developer known for Warhammer: Vermintide, a cooperative action game set in the Warhammer Fantasy universe. Tencent’s investment in Fatshark has bolstered the studio’s development efforts, helping bring more content to Vermintide fans while also expanding into new projects. Tencent’s involvement provides Fatshark with the resources to further expand the Vermintide franchise and create new cooperative experiences.

Funcom

Funcom is a Norwegian video game developer known for titles such as The Secret World and Conan Exiles. Tencent’s investment in Funcom has allowed the studio to develop more ambitious online games and expand its portfolio. Funcom’s move into survival and MMO genres, particularly through Conan Exiles, has been successful, and Tencent’s resources have played a role in its expansion.

Sharkmob

Sharkmob is a Swedish game developer that focuses on creating online multiplayer experiences. Tencent’s acquisition of Sharkmob reflects its strategy to invest in studios that are focused on online multiplayer and live-service games. Sharkmob’s focus on games with long-term engagement fits well within Tencent’s broader gaming strategy.

FunPlus

FunPlus, a global mobile game developer and publisher, has been behind successful titles such as King of Avalon and Mobile Royale. Tencent holds a significant stake in FunPlus, a company that specializes in both mobile and PC games. With a strong presence in the global mobile gaming market, FunPlus continues to expand its reach, and Tencent’s involvement helps bolster the company’s growth.

Discord

Discord is a communication platform primarily used by gamers for voice and text chats. Tencent’s investment in Discord further strengthens its interest in the social aspects of gaming. Discord provides an easy way for players to communicate while playing multiplayer games, and Tencent’s involvement positions the company well to capitalize on the social gaming trend.

WeChat

WeChat, launched in 2011, is Tencent’s flagship product, a messaging app that has evolved into a “super app” with integrated services such as social networking, online shopping, financial services, and more. With over a billion active users, WeChat has become an integral part of daily life in China, and its international reach continues to grow. The app’s ability to integrate various services has made it indispensable in China, covering everything from social interactions to payment solutions via WeChat Pay.

QQ

QQ is one of Tencent’s oldest products, originally launched in 1998. It began as an instant messaging platform and has since evolved into a multifaceted service with features like social networking, music, gaming, and more. Although WeChat has overshadowed QQ in terms of popularity in China, QQ remains an important part of Tencent’s social media ecosystem, particularly for younger users and gamers.

Tencent Music Entertainment

Tencent Music Entertainment operates a variety of music streaming platforms, including QQ Music, Kugou, and Kuwo. These services cater to millions of users, offering vast libraries of Chinese and international music. Tencent Music also offers social features, including karaoke and music video content. As the dominant force in China’s music streaming market, Tencent Music is one of the largest online music platforms globally.

Tencent Video

Tencent Video is one of China’s leading video streaming platforms, offering a mix of TV shows, movies, documentaries, and original content. It competes with other major Chinese streaming services such as iQIYI and Youku, as well as global services like Netflix. Tencent Video has a vast subscriber base and is a major player in the creation of Chinese dramas and variety shows.

Tencent Pictures

Tencent Pictures focuses on film production and distribution. It has been involved in the production of various successful films, including The Wandering Earth, one of China’s highest-grossing movies. The company collaborates with both domestic and international filmmakers to bring a diverse range of content to audiences worldwide.

WeBank

WeBank, launched in 2014, is China’s first digital-only bank. It provides a range of banking services, including personal loans, wealth management, and credit services, all without physical branches. WeBank is a key player in China’s fintech industry and is helping drive the country’s digital banking revolution.

Tencent Cloud

Tencent Cloud provides cloud computing services to businesses and consumers, offering solutions in areas such as infrastructure, artificial intelligence, and big data. It competes with global cloud giants such as Amazon Web Services, Microsoft Azure, and Google Cloud, and it has a strong presence in China and Asia.

Sea Limited

Tencent is the largest shareholder in Sea Limited, a Singapore-based company that operates leading platforms in e-commerce (Shopee), digital payments (SeaMoney), and gaming (Garena). Sea Limited has a strong presence in Southeast Asia, and Tencent’s investment has been key in helping the company scale its operations in the region.

Nio

Tencent is an investor in Nio, a Chinese electric vehicle manufacturer that has gained recognition for its luxury EVs. Nio focuses on providing intelligent electric vehicles with innovative technology, such as autonomous driving features and an extensive battery-swapping network.

Snap Inc.

Tencent’s investment in Snap Inc. (the parent company of Snapchat) highlights its interest in Western social media platforms. While the stake is not controlling, it allows Tencent to influence the development of Snap’s messaging app and enhance its global footprint.

When Was Tencent Founded?

In 1998, Tencent was founded in Shenzhen, China.

Since then, Tencent has grown into a leading provider of internet value-added services and has become one of the most innovative and influential companies in the world.

With over 1 billion active users, Tencent’s products and services touch almost every aspect of digital life, from social media and gaming to online payments and cloud computing.

It’s hard to imagine a world without Tencent’s impact, but it all started over two decades ago with a small group of tech enthusiasts determined to change the world.

Who is the CEO of Tencent?

The CEO of Tencent is Pony Ma, one of the richest persons in China with a net worth of over $40 billion.

With a keen business mind and remarkable leadership skills, Pony Ma has been at the helm of Tencent’s growth and success in recent years.

What is the Net Worth of Tencent?

As of April 2025, it is estimated to be around $590.32 billion.

This impressive figure can be attributed to Tencent’s various successful ventures, which range from social networking apps to online games.

In fact, some of the most popular games in the world, such as League of Legends, are owned by Tencent.

With its continued growth and diversity, Tencent is poised to remain a major player in the global tech industry for many years to come.

Where is the Headquarters of Tencent?

Tencent is a multinational conglomerate that has its headquarters in China’s tech hub, Shenzhen.

The sprawling city of Shenzhen is located in the southern part of China, a stone’s throw away from Hong Kong.

Tencent’s campus, dubbed the “Tencent Seafront Towers,” sits in the heart of the city, occupying a massive 280,000 square meters.

This includes everything from offices, conference rooms, and research labs to a massive underground parking lot and a sprawling campus garden.

The campus is not just for work; it’s a place where employees can relax and recharge their batteries.

With numerous modern amenities, Tencent’s headquarters is an impressive symbol of the company’s success and commitment to innovation.

What is the Annual Revenue of Tencent?

The revenue of Tencent in 2024 was $92.02 billion.

This massive revenue speaks to Tencent’s dominance in the industry and its ability to adapt to the ever-changing landscape of technology.

It’s safe to say that Tencent is a force to be reckoned with in the tech world.

How Many Employees Does Tencent Have?

Well, according to their annual report, they employ over 110,000 people worldwide.

This impressive figure goes to show that Tencent truly values its workforce and provides an excellent environment for employees to thrive in.

It’s clear that Tencent is intent on not just succeeding as an organization but also providing opportunities for its staff to grow and succeed with them.

FAQs

What is the Purpose of Tencent?

Tencent’s mission is to “improve the quality of life through internet services”.

Does Tencent Own WeChat?

Yes. Tencent owns WeChat, the popular messaging and social media app.

Where is Tencent Located?

Tencent operates around the world including Beijing, Shanghai, Hong Kong, Seattle, London, Seoul, and Jakarta among others.

Why Tencent is Shady?

Tencent is often criticized for collecting user data and censoring content and for its close ties to the Chinese government.

What is the Main Business of Tencent?

Tencent’s main business is providing internet services and products to consumers, businesses, and other organizations.

How Many Apps Does Tencent Have?

Tencent has over 200 apps in its portfolio.

Is Tencent Bigger Than Facebook?

Yes. Tencent has a larger market capitalization than Facebook, making it the fourth-largest technology company in the world according to the Forbes Global 2000 list.

How Many Servers Does Tencent Have?

Tencent has over 150,000 servers in its data centers located across the world.

Who Funds Tencent?

Tencent is majority owned by the Chinese technology conglomerate Naspers which holds a 34% stake in the company.

Is Tencent a Social Media Platform?

Yes. Tencent owns a variety of social media platforms such as WeChat, QQ, and Hike. It also has stakes in companies like Snapchat and Reddit.

What Programming Languages Does Tencent Use?

Tencent uses Python, C++, Java, JavaScript, HTML/CSS, Go, TypeScript, Shell Scripts, and others.

Is Tencent Bigger Than EA?

Yes. Tencent has a much larger market capitalization than Electronic Arts (EA), according to the Forbes Global 2000 list.

Is Tencent a Good Company to Work For?

Yes. Tencent is known for providing a great working environment for its employees and is recognized by Forbes.