Is Tencent owned by Jack Ma?

Who is the CEO of Tencent

CEO Ma Huateng

Tencent CEO Ma Huateng Is Back On Top As China's Richest Person. China is home to the world's second-largest number of billionaires after the United States.

Who is owned by Tencent

Tencent has a very solid foundation for its global games operations, thanks to ownership of Riot Games, Funcom, Sharkmob, the Leyou Technologies group (including Digital Extremes and Splash Damage), and stakes ranging from 4% to 84% in Remedy, Epic Games, Activision Blizzard, Ubisoft, Krafton, Supercell, Frontier …

Is Tencent owned by anyone

South African media company Naspers purchased a 46.5% share of Tencent in 2001. As of 2021, it owns 30.86% through Prosus, which also owns a stake in Tencent's sister companies, such as OLX, VK, Trip.com Group, Delivery Hero, Bykea, Meesho, Stack Overflow, Udemy, Codecademy, Brainly and PayU.

Is Tencent related to Alibaba

China's Alibaba and Tencent Are Merging

Jack, founder of Alibaba Group Holding Ltd., and Pony, founder of Tencent Holdings Ltd., are mutually working together for the second time this year by combining two startups they've financed separately.

Is TikTok owned by Tencent

Douyin, which like TikTok is owned by ByteDance, said in a statement it is now authorised to use Tencent Video content and rules about how secondary content can be generated have been clarified.

Who owns 30% of Tencent

South African media company Naspers purchased a 46.5% share of Tencent in 2001. As of 2021, it owns 30.86% through Prosus, which also owns a stake in Tencent's sister companies, such as OLX, VK, Trip.com Group, Delivery Hero, Bykea, Meesho, Stack Overflow, Udemy, Codecademy, Brainly and PayU.

Who is bigger Tencent vs Alibaba

Financials

Alibaba Tencent
Equity $150 billion $106 billion
Fixed assets $145 billion $149 billion
Current assets $92.5 billion $58.2 billion
Current liabilities $53.8 billion $40 billion

Who is behind Tencent

Tencent was founded by Pony Ma, Zhang Zhidong, Xu Chenye, Charles Chen and Zeng Liqing in November 1998 as Tencent Inc, incorporated in the Cayman Islands.

Who is the largest shareholder of Tencent

Prosus

Prosus, the biggest shareholder of Tencent Holdings TCEHY 0.07%increase; green up pointing triangle , is one of the last foreign investors holding a big stake in a major public Chinese company, even as others scale back their exposure to China.

How much of Tencent does Ma Huateng own

Net Worth Summary

The majority of Ma's wealth is derived from a 7.4% stake in Tencent Holdings, a publicly traded instant messaging company. Its WeChat application had 1.3 billion users as of Sept. 30, 2022, according to a company presentation.

Who is the largest owner of Tencent

Prosus

Prosus, the biggest shareholder of Tencent Holdings TCEHY -0.75%decrease; red down pointing triangle , is one of the last foreign investors holding a big stake in a major public Chinese company, even as others scale back their exposure to China.