Tencent
Financials
Estimates*
CNY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 482.1b | 560.1b | 554.6b | 609.0b | 660.3b | 720.6b | 785.2b |
% growth | 28 % | 16 % | (1 %) | 10 % | 8 % | 9 % | 9 % |
EBITDA | 184.2b | 166.2b | 149.1b | 239.2b | 266.4b | 293.3b | 325.7b |
% EBITDA margin | 38 % | 30 % | 27 % | 39 % | 40 % | 41 % | 41 % |
Profit | 159.8b | 224.8b | 188.2b | 115.2b | 175.5b | 199.7b | 222.1b |
% profit margin | 33 % | 40 % | 34 % | 19 % | 27 % | 28 % | 28 % |
EV / revenue | 9.4x | 6.3x | 5.0x | 4.2x | 4.7x | 4.0x | 3.5x |
EV / EBITDA | 24.6x | 21.2x | 18.5x | 10.7x | 11.5x | 9.9x | 8.3x |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $200k | Angel | |
$220k | Early VC | ||
$32.0m | Growth Equity VC | ||
* | N/A | $170m Valuation: $11.0b | IPO |
* | N/A | $5.0b | Post IPO Debt |
N/A | $10.1b | Secondary | |
$44.0m | Post IPO Equity | ||
N/A | $8.3b | Post IPO Debt | |
Total Funding | €29.5m |
Recent News about Tencent
EditTencent, founded in 1998, is a leading internet-based platform company headquartered in China. The company leverages technology to enhance the daily lives of internet users and support the digital transformation of businesses. Tencent operates in various sectors, including social networking, entertainment, fintech (financial technology), and cloud computing.
Tencent's primary clients are individual internet users and enterprises looking to modernize their operations. The company serves a global market, with a significant presence in China and expanding influence in other regions. Tencent's business model is diverse, encompassing multiple revenue streams. It makes money through online advertising, subscription services, and in-app purchases within its social networking and gaming platforms. Additionally, Tencent generates revenue from its financial services, including mobile payments and wealth management, as well as its cloud computing services, which cater to businesses seeking scalable and efficient digital solutions.
One of Tencent's flagship products is WeChat, a multi-purpose messaging, social media, and mobile payment app with over a billion users. Tencent Games, another major division, is one of the world's largest gaming companies, producing popular titles like Honor of Kings and PUBG Mobile. The company's fintech arm, Tencent Financial Technology, includes WeChat Pay, a leading mobile payment solution in China. Tencent Cloud offers a range of cloud services, helping businesses with data storage, computing power, and artificial intelligence capabilities.
In summary, Tencent is a multifaceted technology company that enriches user experiences and aids businesses in their digital journeys. Its diverse portfolio and innovative solutions position it as a key player in the global tech landscape.
Keywords: Internet, Social Networking, Gaming, Fintech, Cloud Computing, WeChat, Tencent Games, Digital Transformation, Mobile Payments, AI.