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Tencent Holdings Limited
Business Overview
-Based in Shenzhen, Guangdong Province, China.
-Tencent is an internet-based technology and culture company dedicated to using technology to enhance the production and life of internet users. Its social software products include WeChat and QQ.
-The primary founder is Huateng MA. Mr. MA has been employed by Tencent since 1999. Previously, he worked at Shenzhen Runxun Communications Development Co., Ltd., a telecommunications services and products provider in China, where he was in charge of developing the internet paging system. Mr. MA earned a Bachelor of Science degree in Computer and its Applications from Shenzhen University in 1993 and has over 29 years of experience in the telecommunications and internet industry.
-Tencent Group has numerous subsidiaries and operates under a structure of six major business groups. The Smart Mobility segment falls under the Cloud and Smart Industries Group (CSIG). In the smart mobility field, Tencent primarily focuses on smart driving maps, smart cockpits, and autonomous driving cloud services.
Tencent's Business Group Structure
| Business group | Business field |
| Cloud and Smart Industries Group, CSIG | CSIG promotes industrial internet strategies through technology innovations such as cloud computing and AI, support digital transformation in industries such as retail, healthcare, education, and transportation. It helps companies provide smarter services to users and build new industrial ecosystems. |
| Weixin Group, WXG | WXG builds and operates the WeChat ecosystem, including WeChat official accounts, mini programs, WeChat Pay, and WeChat for businesses, supporting intelligent transformation in various industries. |
| Interactive Entertainment Group, IEG | IEG is responsible for research, development, and operations in interactive entertainment, including games and e-sports. It delivers high-quality user experiences, establishing global leadership. |
| Corporate Development Group, CDG | CDG drives development and innovation in areas such as fintech, advertising, strategic planning, M&A, global expansion, and public relations. Provides professional assistance to the company and other business groups. |
| Technology and Engineering Group, TEG | TEG provides technology infrastructure and operations support. It is responsible for R&D management and data center operations, supporting the company's products and customer service. |
| Platform and Content Group, PCG, | PCG integrates content platforms such as QQ, news, video, live streaming, animation, and movies. Provides diverse digital experiences and promotes cross-platform IP development. |
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