Tencent Holdings

The corporations on our annual list of the world's 500 largest companies combined to generate $41.7 trillion in revenue over the past year.

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The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

The corporations on our annual list of the world’s largest companies delivered a record $41 trillion in aggregate revenues.

The companies on this list are mobilizing the creative tools of capitalism to help solve social problems.

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Tencent can be found on just about every phone in China, thanks to its ubiquitous messaging platform WeChat. Now the Chinese tech giant is leveraging that user base to supercharge the country’s philanthropic giving in its 99 Giving Day donation matching program, a program that takes place each year in early September. Now in its ninth year (and now typically lasting 10 days), the campaign allows ordinary Chinese users to donate to hundreds of thousands of charities through their phones–and share the results on social media to encourage even more giving. Tencent then adds an additional donation of a randomly generated amount on top of that. Last year, Tencent mobilized around 27.5 million people to donate just over $450 million. The campaign, since its inception, has channeled almost $1.8 billion to 130,000 different projects.

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Just as it dominates our economy, Big Tech now dominates Fortune’s annual ranking of corporate reputation.

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Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

After a year in which humanity leaned more heavily than ever on tech giants, see which companies topped Fortune's ranking of corporate reputation.

Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

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In early 2021, Tencent appeared to have dodged the worst of Beijing’s crackdown on Big Tech, a regulatory campaign that has hamstrung operations at many of China’s biggest firms. But then, in July, regulators blocked Tencent’s $5.3 billion bid to merge two of its video game streaming companies on antitrust grounds. Meanwhile, the same week that regulators blocked Tencent’s merger plans, Beijing’s antitrust watchdog approved Tencent’s bid to take China search giant Sogou private for $3.5 billion. The precarious and unpredictable regulatory environment helped send Tencent’s shares tumbling 27% from January to July. But Tencent’s performance has remained strong. The company reported $20.6 billion in revenue in the first quarter of 2021, up 25% from the year before.

For an astounding 13th straight year, Apple claims the top spot in Fortune’s annual ranking of corporate reputation, based on a survey of almost 3,800 executives, directors, and analysts.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

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Explore this year's ranking of the 50 companies with the best long-term growth potential.

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<p class="p1">Tencent has a dominant share in China’s gaming market—which surged during COVID-19 lockdowns in China—and owns super-app WeChat, which has 1.2 billion users. Together, Tencent’s operations constitute the largest online community in China. Growth in gaming helped boost Tencent’s sales 29% in the third quarter. But its stock fell from recent highs in early November after Beijing proposed new rules to prevent antitrust behavior by China’s tech giants.</p>

The Future 50

Here are the World's Most Admired Companies for 2019 as ranked in their industries. See who made the list.

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

Fortune's proprietary methodology allows us to zero in on the 50 global firms that are best poised to deliver—and continue delivering—above average gains.

Welcome to the inaugural Fortune Future 50, our new ranking of companies best positioned for breakout growth.

Here’s our look at 50 companies that do well by doing good.

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There’s having a dominating market presence, and then there’s what Tencent has with WeChat, the super-app that, among other things, serves as one of China’s two leading payment services. With 1.3 billion monthly active users, WeChat is ahead of rival Ant Group and its Alipay service. Now China’s platforms are tearing down their walls in part due to government pressure on the broader sector. In September 2024, Alibaba announced that WeChat users can now pay for things on the e-commerce company’s Taobao platform without ever leaving the Tencent app.

Tencent Holdings

Tencent Holdings in Fortune Rankings

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