Tencent

Global organization Tencent is one of the greatest players on the web and internet technology, artificial intelligence and entertainment . Most of us are familiar with Facebook, Google, and Instagram, as these are a portion of the best names on the internet . Be that as it may, this Chinese organization is breathing down their neck, and most likely trusting that  at the correct minute will go up against these U.S. organizations, as of 2018, Tencent has the 5th highest global brand value.

 The name tencent literally means in english as " Flying or rising high with information".

 Some of the eminent facts about Tencent leadership in the world business that it is the world's biggest gaming company, one of the world's most significant innovation conglomerates. It is one of the world's biggest web-based social networking companies,and one of the world's biggest funding firms and speculation corporations.

Its numerous services incorporate social network, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games, which are all among the world's greatest and best in their individual categories.

This chinese multinational mainly operates through internet related services and products and has a string of prominent investments  spreading over Snapchat, Spotify, Tesla and Hollywood film and TV.

Tencent is one of three Chinese web behemoths, including Baidu and Alibaba, referred to on the whole as BAT. China's response to Silicon Valley's capacity club known as the FANGs - Facebook, Amazon, Netflix and Google. 

It is a rambling corporate mammoth that has as of late surpassed Facebook to wind up the world's fifth most significant recorded organization – yet  there are very few, in the west  who will know about Tencent, despite the fact that it is worth a large portion of a trillion dollars and rising.

Being a web based gaming and social networking  service company is best known for its WeChat and QQ, two of the most often utilized applications in China. Regardless of working China's two most prevalent applications, WeChat and QQ, which have more than 1.45 billion month to month dynamic customers and subscribers, Tencent's main  income source is through internet based gaming. 

Headquartered in Shenzhen, the southern city known as China's Silicon Valley, Tencent has more than 30,000 employees.Tencent was established by Ma Huateng, Zhang Zhidong, Xu Chenye, Chen Yidan and Zeng Liqing in November 1998 as Tencent Inc.incorporated in the Cayman Islands, initial financing was given to it by venture capitalists.

But this newly formed company remains unprofitable till 3 years."OICQ" a messenger product was first product by Tencent released in 1999 and soon after Tencent had to change its name to QQ. Amid the mid 2000s, Tencent began to stretch out into different regions, incorporating look with Soso, while additionally authorizing amusements, for example, CrossFire and Dungeon Fighter Online. Things truly begun taking off in 2011 with the arrival of WeChat and Tencent obtaining of Riot Games.

 At the end of 2004-2005 it become evident that charging for utilization of QQ versatile and its cellular value-added services  and permitting its penguin character, which could be found on snack food items and clothing had additionally moved toward becoming revenue generators for Tenant.



Ma thought for his organization's logo, the popular penguin character. It is said that the logo was portrayed by a software engineer since company did not have a visual designer in its beginning period. As the organization extended, so did the span of the penguin logo and the quantity of in-house visual architects too.


Tencent's First Messaging Service QQ Is Still Active.It was launched in 1999, however it is as yet running solid with more than 800 million month to month clients starting at 2017. It is presently accessible on iOS, Android, Mac, and Windows.Tencent has not overlooked its first messaging platform regardless of launching effective messaging applications and even extended it further. QQ now offers services, for example, music, microblogging, shopping, web based recreations, and that's just the beginning.

Tencent Has Its Own Digital Personal Assistant - Xiaowei 

Tencent launched an individual voice assistant in 2017 named Xiaowei, which was proposed to go up against Siri and Alexa. At start, it was equipped for transferring climate reports, news pieces, and traffic refreshes. Clients can likewise demand to play music however it is nothing strange. 

There are voice acknowledgment and facial acknowledgment features, yet Xiaowei still has constrained abilities contrasted with the other dominant AI colleagues today. 





Regardless, Mao Hua, the head of Xiaowei, has promed that their AI system framework is improving fast. Like other Tencent-possessed brands, it might overwhelm China too. It might even compete with Siri and Alexa one day.

We all Probably Have Played Games Owned By Tencent 

Tencent likewise ruled on gaming, giving over $8.6 billions for the Finnish organization Supercell, producer of two of the greatest recreations on the gaming world, Clash of Clans and Clash Royale. Presently, Tencent owns Riot Games and Supercell, which purchasers may perceive as the producers of League of Legends and Clash of Clans individually.

Tencent Has A Chinese Twitter Version - Weibo

Social networking services like Twitter is banned in china , this opened and widened up the social media space for chinese developers. Microblogging site Weibo by Tencent is good example who grabbed this opportunity. Weibo functions like Twitter which has certain character limit on blogging and has option of retweeting,allowing user to share pictures,videos and songs.

Purchasing Whatsapp : Slipped opportunity from the hands of Tencent

In 2014, Tencent had been on the verge of purchasing WhatsApp, which would have made it a worldwide power player. The organization was near an arrangement when talks must be deferred with the goal that Ma could experience back surgery. And opportunist Mark Zuckerberg got breeze of the move and swooped, tabling a gigantic $19bn equal offer – by a wide margin Facebook's greatest arrangement and more than double the offer made by Tencent- to see off the threat .

Tencent Controversy

Copying claims reported a significant number of Tencent's product and services are surprisingly like competitors.  Though Tencent is known for modifying these products to suit the chinese consumers taste and nature.  Tencent was also in controversy for Anti-malware software cheating allegations also in 2015.

Tencent : Where it is now :

Technology Analysts estimated that Tencent internet and digital services are used by more than two-thirds of the Chinese population  which definitely meets Tencent’s ambition to be an essential part of digital daily life.