Tencent takes over Facebook

Tencent beat facebook

#1. Tencent overtakes Facebook.

We all are surrounded by social media weather it is  facebook , Instagram , Twitter or tinder and many more.

More than Half Of the world internet users uses Facebook.

Technology and internet are updating themselves in a blink of an eye.

And I am pretty sure half of us never heard the name of Tencent.

Now, Tencent has Emerged a the Biggest Media giant crossing Facebook in terms of revenue. Latest reports has said that the total revenue of Tencent is now $522 Billion making it the biggest tech company in Asia.

Tencent is the fifth largest Giant in Internet now.

Ahead of it is our most loved companies like :: 

  1. Apple.
  2. Google.
  3. Microsoft .
  4. Amazon.

Tencent is one of the biggest investment corporations, One of the biggest and largest Internet Companies in 2017, as well as the largest, best-performing and most valuable gaming and entertainment company in the world.

Tencent has everything in media industry, which you can think of like Social Media, online Gaming , mobile games , social networking apps like Wechat , Smartphones, Internet provider etc and they all are giants in their fields one of the biggest in the world.

Tencent’s chief executive, Ma Huateng, is now worth more than the founders of Google, Larry Page and Sergey Brin, according to Forbes .

Forbes valued Ma Huateng at $48.3 Billion on 21 November 2017, making him the world’s ninth richest man according to its ranking. My God that’s just huge amount of money.

#2.What products does Tencent have?

Tencent has a huge list when it comes to services it offers.

From Business to consumers all are its clients and I am listing few of its services :

  1. Virtual reality headsets

  2. iTQQ

  3. Multiplayer online games

  4. Music distribution

  5. TenPay

  6. QQ instant messenger

  7. WeChat

And the list continues it offer games like call of duty , Dungeon fighter Online with which we all are familiar.

With its Online Music App it has 600 Million active user which makes it world’s largest and most profitable music app.

It has crossed Jack Ma’s company Alibaba in terms of revenue. Now, Tencent it the largest company of tech in all over Asia .

#3.Are we related to Tencent?

Yes we all are related to Tencent by Different means.

Tencent has invested in Indian Start-up Giants Like Ola, Flipkart, Practo and its has invested Millions of Dollar.

Ola alone has got over 1,100 Million and Flipkart got somewhere around 700 Million from Tencent.

And we all use this two Giants in regular Intervals.

Apart from India. The firm has been making investments across several companies in the U.S. and Asia. Recently it acquired stakes in Tesla and Snap.



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