16 Facts About Tencent

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

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

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

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.

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.

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.

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

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

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.

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.

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

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.

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

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

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.

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