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    Tencent’s messaging app, WeChat, recorded 1 billion monthly active users earlier this year—a sign of how indispensable it has become in connecting friends, linking consumers with businesses, and facilitating China’s $12 trillion in annual mobile payments. Still, Tencent’s core revenue stream is gaming, which accounts for up to two-thirds of the company’s income. As Chinese government regulations have restricted that industry, Tencent has begun pivoting: In a recent restructuring, it has shifted its focus toward the industrial Internet.

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    Company Information

    Overall Score3.7
    Internet Software and Services
    Pony Ma
    HQ Location
    Shenzhen, China
    Revenues ($M) (Past 12 Months)$42,888
    Profits ($M) (Past 12 Months)$12,300
    Market Value as of Oct. 10, 2018 ($M)$345,570