As of October 2020 Tencent has a market cap of $659.89 B. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Meanwhile, Facebook's market cap totaled $656.15 billion as of Tuesday's close. South African media company Nasperspurchas… Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. These returns cover a period from January 1, 1988 through August 31, 2020. Tencent Holding Market Cap 2011-2020 | TCEHY. Copyright 2020 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. 52Wk High. Interactive Share Price Chart & Dividend History. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. That rally has added around 1.56 trillion Hong Kong dollars ($201.44 billion) to Tencent's value. NYSE and AMEX data is at least 20 minutes delayed. While Tencent and PUBG continue to suffer, Activision has prepped up to present COD Mobile as a viable substitute, even ending its partnership with Tencent to preclude a ban in this opportunistic market that is suddenly up for grabs. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. Delayed quotes by Sungard. 354.0. When studying companies from a relative basis, it would make sense to compare companies that have a similar market capitalization because factors like market share, economies of scale, and business models would also be similar. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Corporate Governance. Small market cap companies can produce faster growth and bigger returns, but their stockholders are exposed to more risk. Within days of India’s ban on company’s insanely popular title — PUBG, Tencent Holdings Ltd. share price has nosedived 5% in combined two days worth of trading on the Hong Kong stock exchange. Tencent was founded by Pony Ma, Zhang Zhidong, Xu Chenye, Chen Yidan and Zeng Liqing in November 1998 as Tencent Inc. The monthly returns are then compounded to arrive at the annual return. Tencent Holding has a market cap of $727.76 B, which represents its current share price of $75.95 multiplied by its outstanding share number of 9582.08. This combined damage is the second biggest for Tencent this year. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Facebook CEO Mark Zuckerberg will appear virtually in front of the House Antitrust Subcommittee on Wednesday as part of a probe by lawmakers into the power of U.S. technology giants including Google, Amazon and Apple. An error occurred. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. It happened in late 2017 and a number of times briefly in 2018. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Before it's here, it's on the Bloomberg Terminal. The total value of publicly traded shares of the Chinese gaming and social media giant stood at 5.15 trillion Hong Kong dollars ($664.50 billion) at around 3:07 p.m. Singapore time. Tencent is known for its popular mobile games but also for running WeChat — China's most popular messaging app with over a billion users. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. If you do not, click Cancel. It has brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. Market Capitalization measures the total value of a company based on their stock price multiplied by the shares outstanding. And Tencent makes money from advertising through Moments. It is no hidden secret, that Tencent’s financial fortunes have lately been closely linked to how successful its wildly popular Battle Royale, PUBG has become. WeChat has a social media feature called Moments where users can post pictures, videos and links. ... Market Cap $509.7B. Tencent shares have rallied around 43% year-to-date, compared to just over 12% for Facebook. Zacks Rank Education -- Learn more about the Zacks Rank Appeals court rejects DOJ request for immediate ban of Tencent's WeChat, Judge won't let U.S. block Tencent's WeChat during appeal process, Didi becomes next to seek Hong Kong IPO, targets $60B valuation, China's top legislature adopts export control law, China set to approve its own tech protection law, Judge unlikely to allow U.S. to ban WeChatduring appeals, Here's a fund manager that ditched Apple and Microsoft and still outperformed, Q3 Mobile games downloads gong at 1B weekly; consumer spending on the rise, U.S. looks into restricting Ant Group, Tencent payments - Bloomberg, China charges U.S. with breaking WTO rules in TikTok, WeChat bans. Meanwhile, Facebook's market cap totaled $656.15 billion as of Tuesday's close. Sign up for free newsletters and get more CNBC delivered to your inbox. Sign in. 52Wk Low. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Get this delivered to your inbox, and more info about our products and services. India has now banned well over 300 Chinese apps, which includes some of the biggest names by user base, such as TikTok, Cam Scanner, PUBG among a host of others. TCEHY: What are Zacks experts saying now? Tencent Holdings Limited is one of the top companies around the world in terms of market capitalization. In fact, its presence in India was so prolific that the region made up for 175 million installs of the app, or 24% of the total. NASDAQ data is at least 15 minutes delayed. A Division of NBCUniversal. The gaming and social media giant's market cap stood at 5.15 trillion Hong Kong dollars ($664.50 billion) at around 3:07 p.m. Singapore time. This metric is important because it gives you an idea of the size of a company, and how the size has changed over time. Indian government decided that PUBG Mobile was “prejudicial to sovereignty and integrity of India, Defence of India, Security of State and Public Order,” and banned the game, alongside 117 other Chinese apps. Apple (AAPL) to Report Q4 Earnings: What's in the Offing? The company also runs an instant messaging service called QQ. Incorporated in the Cayman Islands. Got a confidential news tip? Please check your download folder. This makes Tencent the world's 8th most valuable company by market cap according to our data. If you wish to go to ZacksTrade, click OK. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. Real time prices by BATS. The company’s performance at the Hong Kong Stock Exchange took a hit from the ban of PUBG Mobile in India, which led to the share price closing in at 518 HKD, down from 534 HKD at the previous closing. 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Haitian Second Road, Nanshan That 5% shave off the share price has resulted in the Chinese gaming behemoth losing nearly $34Bn of its market cap. © 2020 CNBC LLC. Tencent is committed to maintaining the highest level of corporate governance, and providing our investors with a thorough understanding of the Group's management and development. Tencent's market capitalization has surpassed Facebook's following a huge rally in the Chinese firm's shares this year. Earnings Announcement for Period Ending Q3/2020. 33,742.2 万亿. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. Initial funding was provided to it by venture capitalists. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Many believe, that TikTok’s demise was largely triggered by India’s rather rare strong stance against tech developed specifically by Chinese companies. Today’s drop was even worse, and will leave a much wider hole in the Chinese tech conglomerate’s pocket. Zacks Investment Research is releasing its prediction for TCEHY based on the 1-3 month trading system that nearly triples the S&P 500. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Shenzhen, 518054 Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Shortly after, Tencent had the client's name changed to QQ; this was said to be due to a lawsuit threat from ICQ and its owner AOL. Zu den breitgestreuten Aktivitäten von Tencent zählen vor allem die Geschäftsfelder Sofortnachrichtendienste, Soziale Netzwerke im Internet, Onlinemedien (Webportale), Internet-Mehrwert… In depth view into Tencent Holdings Market Cap including historical data from 2008, charts, stats and industry comps. The company remained unprofitable for the first three years. Tencent provides value-added Internet, mobile and telecom services and online advertising. 252.4. India’s first moon mission, Chandrayaan-1, sends data indicating rust formation along Moon’s poles, Tiktok-parent Bytedance launches a ‘smart lamp’ amid hardware push, Spotify outperforms expectations backed by growth in premium subscriber user base in Q3’20, Apple developing alternative to Google Search for its own devices: Report, LinkedIn’s new ‘Career Explorer’ tool helps you find skill-specific jobs amid pandemic induced job cuts, Samsung expects smartphone and chip sales to slow down in Q4 after strong Q3 results.