What does Tencent do?

Tencent runs instant messaging and social networking apps used by large numbers of people in China and abroad. On top of those apps it offers online games, videos, music, live streaming, news and literature, plus mobile payments and other financial services. It also sells advertising and cloud computing services to businesses.

Communication Services · Internet Content & Information · 0700.HK

What Tencent Does & How It Makes Money (0700.HK)

Updated October 2026 · reflects Tencent's latest reported financials

Chinese internet giant spanning social apps, games, payments, and cloud. Tencent earns money from value-added services such as game purchases and content subscriptions, from marketing and advertising services, and from fintech and business services like payment processing, wealth management, loans, and cloud computing.

Tencent's story, moat and numbers — in a 3-minute visual book.

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How Tencent makes money

Tencent earns money from value-added services such as game purchases and content subscriptions, from marketing and advertising services, and from fintech and business services like payment processing, wealth management, loans, and cloud computing.

What Tencent does

Tencent Holdings, founded in 1998 and headquartered in Shenzhen, is one of China's largest internet companies. Its consumer business covers instant messaging and social networks, digital content (online games, videos, live streaming, news, music and literature), fintech services (mobile payment, wealth management, consumer loans and securities trading), and utility tools such as security, browsing, navigation and email. Its enterprise business provides marketing solutions and cloud services, including cloud computing, big data analytics, AI, IoT and security, to industries such as finance, education, healthcare, retail, transport and energy. Tencent also invests in, produces and distributes films and TV programs, licenses copyrights, and develops and operates mobile games.

Products & services

Instant messaging & social networks
Online and mobile games
Video, music, live streaming & literature
Mobile payment & wealth management
Tencent Cloud (cloud, big data, AI, IoT)
Marketing & advertising solutions

What is Tencent worth?

Fair value: not published

A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.

We show a fair value only when the method is trustworthy. See Tencent on TacticScale →

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