Tencent

Chinese investment holding company. Subsidiaries in media, entertainment, internet, mobile, online advertising

Launch date

Nov 1998

Employees

Ownership

private equity, public

Market cap

Net debt

-

Firm valuation

$11.0b (Public information from Jun 2004)

Shenzhen Guangdong (HQ)

http://www.tencent.com

https://twitter.com/tencentglobal https://www.facebook.com/tencentglobal https://www.linkedin.com/company/tencentglobal/

Deals in current and previous year:

- view all undefined

Launch date

Nov 1998

Employees

Ownership

private equity, public

Market cap

Net debt

-

Firm valuation

$11.0b (Public information from Jun 2004)

Revenues, earnings & profits over time

CNY	2016	2017	2018	2019	2020	2021E	2022E
Revenues	151.9b	237.8b	312.7b	377.3b	482.1b	566.7b	655.8b
% growth	48 %	56 %	32 %	21 %	28 %	18 %	16 %
EBITDA	68.7b	89.7b	110.4b	137.3b	170.7b	201.6b	216.1b
% EBITDA margin	45 %	38 %	35 %	36 %	35 %	36 %	33 %
Profit	41.1b	71.5b	78.7b	93.3b	159.8b	159.3b	159.7b
% profit margin	27 %	30 %	25 %	25 %	33 %	28 %	24 %
EV / revenue	-	13.3x	8.4x	8.4x	9.4x	5.6x	4.7x
EV / EBITDA	-	35.3x	23.7x	23.1x	26.6x	15.7x	14.2x
R&D budget	12.9b	17.9b	23.4b	31.0b	-	-	-
R&D % of revenue	9 %	8 %	7 %	8 %	-	-	-

Source: Company fillings or news article

Date	Investors	Amount	Round
Jan 1999	N/A	$200k	Angel
Apr 2000	IDG Capital PCCW	$220k	Early VC
May 2001	Prosus	$32m	Growth Equity VC
Jun 2004*	N/A	$170m Valuation: $11.0b	IPO
Jan 2018*	N/A	$5.0b	Post IPO Debt
Mar 2018	N/A	$10.1b	Secondary
Jun 2018	Lippo Group	$44m	Post IPO Equity
Feb 2021	N/A	$8.3b	Post IPO Debt
Total Funding		$32.4m

Tech stackLearn more about the technologies and tools that this company uses.

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ACQUISITION by PCH International Mar 2015

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ACQUISITION by Tencent Jun 2016

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ACQUISITION by Tencent Feb 2015