16 Facts About Tencent

1. In late April 2017, Tencent announced it was preparing to launch its virtual reality headset that year.

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2. In 2008, Tencent released a media player, available for free download, under the name QQ Player.

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3. In 2011, Tencent started hosting the game League of Legends.

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4. In September 2017, Tencent has announced plans to introduce Chinese online comics to every market around the world, with the first being North America.

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5. In September 2017, Tencent invested US$90 million in German aviation start-up Lilium Aviation, which specialises in developing and building high speed flying vehicles and electric jets.

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6. In June 2017, Tencent became the 8th most valuable company in BrandZ's Top 100 Most Valuable Global Brands, signalling its growing influence globally as well as the rise of Chinese brands.

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7. In May 2017, Tencent surpassed Wells Fargo to enter the world's top 10 most valuable companies.

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8. In July 2016, Tencent acquired a majority stake in China Music Corporation.

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9. On 13 May 2015, Tencent acquired a minority stake in mobile developer Pocket Gems, acquiring 20 percent of the company for the price of US$60 million.

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10. On 29 April 2015, Tencent acquired a minority stake in videogame developer and publisher Glu Mobile, paying US$126 million for 14.6 percent of the company.

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11. On 23 October 2014, Tencent pitched in $145 million for a 10 percent stake in Koudai Gouwu, a Chinese mobile shopping portal.

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12. On 27 March 2014, it was announced that Tencent had agreed to pay about $500 million for a 28 percent stake in South Korea's CJ Games.

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13. On 10 March 2014, Tencent bought a 15 percent stake in Chinese e-commerce website JD.

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14. On 27 February 2014, Tencent purchased a 20-percent stake in restaurant ratings and group buying website Dianping for $400 million.

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15. On 15 January 2014, Tencent said it will invest HKD 1.5 billion in logistics and warehouse firm China South City Holdings Ltd to develop its e-commerce and logistics business.

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16. On 18 February 2011, Tencent acquired a majority equity interest in Riot Games, developer of League of Legends, for about US$230 million.

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