During the tech behemoth’s third-quarter results earning call in 2021, its usually reticent CEO, Pony Ma Huateng, spoke about the company’s vision for the metaverse, saying that Tencent currently has the resources to develop its version of the idea. And as one of the largest tech conglomerates in the world, it also wants to build the metaverse - to construct a sprawling, digital universe that doubles up as a diverse gaming platform, made up of various IPs. And with a growing presence internationally, we recently decided to take a closer look at how it operates and what it owns.īeginning with Riot Games in 2011, Tencent has been steadily acquiring an extensive portfolio of international game studios. It’s also China’s - and the world’s - biggest game company. And with Tencent Music, it also owns the majority of China’s music services, with 841 million active users. It’s the behemoth that created QQ.com, one of the country’s largest web portals and the world’s fourth most visited website. It’s behind the nation’s most popular messaging app, WeChat, with over 1.2 billion monthly active users. While its size and acquisitions have made frequent headlines, its presence has remained understated relative to competitors like Amazon and Google, with the name occasionally peppered into conversations as an example of China’s burgeoning influence on technology and entertainment around the world.īut in China, Tencent is everywhere. In the West, tech giant Tencent is not yet a household name.

Timi studio group