What is Tencent? | CNBC Explains

Tencent is the first company in Asia to pass $500 billion market cap mark. CNBC's Uptin Saiidi explains what's behind the massive conglomerate.

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[PrabhuRPR]

So Tencent owns Epic Games.
Epic Games has Fortnite.
Pubg uses unreal engine (Epic Games'- Tencent's)
PUBG asks Tencent to do their mobile version.
And Pubg sues Fortnite! Wow.
EDIT (After 1 year): I apologize. I did not fact check before commenting this. Tencent is just one of the parent companies of Epic Games owning a certain percentage of share (Tim Sweeney - Founder of Epic Games owns more than 50% share) in it. It also owns a certain percentage of share in Bluehole. But it's still interesting that companies sue each other but still need one another to help themselves out.

"PUBG asks Tencent to do their mobile version" - What a shame I even typed this. This not might be the case, in fact I researched how PUBG Mobile originated but I just found this one from a blog - When PUBG was increasingly famous, Tencent acquired certain share percentage of Bluehole (or PUBG Corp or Krafton - idk all these companies has many sub-companies) and Bluehole agreed to give permission to make the mobile version of it. So Tencent Games along with Lightspeed and Quantum studios (parent company - Tencent Games) made PUBG Mobile.
Tencent Games, however, do not have any rights to even use the PUBG logo without the Mobile text at the bottom. The esports org I worked for, we had Tencent Games as our client and we were doing PUBGM tournaments in India with them. Whatever major designs we would do (Event Logo, trailers, teasers, theme for the designs) - they still required Green signals from the PUBG team. It was good to see PUBG team engaging in the quality control to some areas of the creative work we did for PUBG Mobile's events.

[tryomama]

Tencent wants to own everything just like Disney. Here, save you 5 minutes.

[sewiim]

Disney: Are you challenging me?!
Tencent: *well yes but actully yes*

[mew]

I'm watching these videos for studying English. The speakers' voices are clear and easy to catch the words. Thanks!

[nishantahvan]

And Indians are bragging that Google ceo is Indians, look like we need to learn new lession.

[sir_john_hammond]

Tencent owns a significant stake in Epic Games, makers of Gears of War and Unreal Engine. It caused a big division within the company and several key people left.

[abrahamlee]

In the past, you always criticize Chinese product's quality. Now their quality is even better and you start to say that they are evil.
Is that what you got? It seems you western company start to lose confidence.
It is very low.

[sagarjha]

This is how you take benefits of closed economy

[Miumiu]

3:34 "EA Arts" lol You basically said Electronic Arts Arts.

[joseluisnunez]

First time hearing about them; doing research for Pokemon Unite

[LucificNight]

Wait, so Tencent can bundle booking of medical appointments into WeChat, but Facebook needs a separate app for Facebook messages?

[arunlohia]

Tencent valuation is now 500 billion dollars.

[shawnoncall]

let’s consider the population of China as a means of tremendous growth and also the one-sided competitive landscape within the Great Firewall

[xuyang]

I first came into contact with computers when I was eight years old, and I first explored local area networks when I was just 14 years old. In recent years, the Internet and smart phones have developed so rapidly that the only thing I have not changed is playing mobile games. Tencent has many computer games, mobile games and various kinds of software. In China, teenagers use QQ, but now we are adults, so we start using WeChat and we play the glory of the king. There are also many kinds of games in our Chinese version of pubg mobile games, but I think the most interesting and popular games in China are the game software operated by Tencent. In China, you don't need any foreign software, but we can't lack Tencent software.

[basshunterdota]

I know Tencent coz of PUBG mobile game 😂

[danielabramrhodeisland]

They can quadruple their value by getting 50 Cent.

[VictoryAsh]

Whose here after Pokémon made the worst game with tencent?

[FromTheHeart-]

I love Tencent videos on youtube. The subtitiles are awesome and could learn a language this way lol. Thanks for showing more about them.

[The-fjnk]

He’s like thanos, whenever he snaps some innocent company turns to his company

[r.a.]

The most impressive part: it's became such a tech giant just by doing business within China.