QQ, one of the most successful and essential product of Tencent, has an adorable penguin to be its logo. "Penguin" Empire, 15 years of after its birth, attracted 800 million users globally. Another top-rated "Penguin" Empire product, Wechat, soon accumulated 300 million users in a little more than two years. Wechat gives Tencent more dominance and control in internet and mobile internet fields.
When Tencent was listed on Hong Kong stock market in 2004, its market value was merely USD 1 billion. At present, Tencent's market value has surpassed USD 100 billion, second only to Google and Amazon in global internet industry. Baidu only has half of its market value. Tencent's revenue grew from 1.14 billion yuan (USD 186.77 million) to 43.89 billion yuan (USD 7.19 billion), with 158% compound annual growth rate. Although Tencent entered online leisure game market in 2003, two years later than SNDA and other Chinese online games enterprises, it now accounted for approximately 50% of Chi...
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