Tencent's annual revenue 2014-2024
The Chinese internet services giant Tencent, one of the leading internet companies in the world, reported a total annual revenue of around 660 billion yuan in 2024, increasing from about 609 billion yuan in the previous year.
Tencent Holdings Limited
Founded in 1998, Tencent today is the largest listed internet company in China based on market valuation, surpassing Alibaba Group for the first time since 2019. The tech firm generates a majority of its revenue from online games, and it is one of the largest online gaming companies worldwide.
Tencent's flagship products
Tencent’s first product was a free PC-based messaging platform, OICQ, later renamed as QQ. The release of other internet service products followed once QQ became profitable in 2001. Ten years later, WeChat was born and has soon become China's most popular mobile app. With over one billion monthly active users, WeChat is an everyday necessity for many; it’s used for messaging, calling, video and photo sharing, mobile payments, shopping, dating, hotel bookings, loans, taxi hailing – literally any online daily activity.
