Company Profile For Tencent Holdings Limited

Tencent Holdings Limited (0700.HK) (Hong Kong Stock)
sector: Technology · industry: IT Services & Consulting ·
As of  27 Nov 2009
139.00HKD
Price Change
-6.80
Percent Change
-4.66%
 
 
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Overview

Tencent Holdings Limited is an investment holding company. The Company, along with its subsidiaries, is principally engaged in the provision of Internet and mobile value-added services, and online advertising services to users in the People's Republic of China (PRC). The Company’s other operations consists of provision of trademark licensing and instant messaging services in business enterprise solution. During the year ended December 31, 2008, the Company acquired 20.02% equity interest in an online game company, 25% equity interest in a venture capital fund in Asia, and 30% equity interest in a mobile game developer in the PRC.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Tencent Holdings Limited's revenues increased 42% to RMB8.75B. Net income increased 90% to RMB3.65B. Revenues reflect an increase in sales from Internet Value-Added Services and higher income from Mobile & Telecommunications Value-Added Services segments. Net income also reflects an increase in gross margin, higher other income and presence of share of profit of associates.

Company Address

Tencent Holdings Limited
Room 3002, 30th Floor
Far East Finance Centre
16 Harcourt Road
   

Total Employees

7277

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