What is Tencent? | CNBC Explains
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- เผยแพร่เมื่อ 28 ส.ค. 2024
- Tencent is the first company in Asia to pass $500 billion market cap mark. CNBC's Uptin Saiidi explains what's behind the massive conglomerate.
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Tencent wants to own everything just like Disney. Here, save you 5 minutes.
Wasted 1:43😅😅😅
disney does that?
@@michealb8508 yes
If you search about Samsung Group you would know how a giant company entity deeply dominates the whole country, Samsung means everything in South Korea.
I would say Disney's competitor Comcast is more diversified in business
So Tencent owns Epic Games.
Epic Games has Fortnite.
Pubg uses unreal engine (Epic Games'- Tencent's)
PUBG asks Tencent to do their mobile version.
And Pubg sues Fortnite! Wow.
EDIT (After 1 year): I apologize. I did not fact check before commenting this. Tencent is just one of the parent companies of Epic Games owning a certain percentage of share (Tim Sweeney - Founder of Epic Games owns more than 50% share) in it. It also owns a certain percentage of share in Bluehole. But it's still interesting that companies sue each other but still need one another to help themselves out.
"PUBG asks Tencent to do their mobile version" - What a shame I even typed this. This not might be the case, in fact I researched how PUBG Mobile originated but I just found this one from a blog - When PUBG was increasingly famous, Tencent acquired certain share percentage of Bluehole (or PUBG Corp or Krafton - idk all these companies has many sub-companies) and Bluehole agreed to give permission to make the mobile version of it. So Tencent Games along with Lightspeed and Quantum studios (parent company - Tencent Games) made PUBG Mobile.
Tencent Games, however, do not have any rights to even use the PUBG logo without the Mobile text at the bottom. The esports org I worked for, we had Tencent Games as our client and we were doing PUBGM tournaments in India with them. Whatever major designs we would do (Event Logo, trailers, teasers, theme for the designs) - they still required Green signals from the PUBG team. It was good to see PUBG team engaging in the quality control to some areas of the creative work we did for PUBG Mobile's events.
Business
Ikr
Tencent owns bluehole and bluehole owns PUBG
maybe they just do that for fake publicity
Elementary, My dear Watson! Pun intended :) Great catch!
Disney: Are you challenging me?!
Tencent: *well yes but actully yes*
I'm watching these videos for studying English. The speakers' voices are clear and easy to catch the words. Thanks!
And Indians are bragging that Google ceo is Indians, look like we need to learn new lession.
Tencent owns a significant stake in Epic Games, makers of Gears of War and Unreal Engine. It caused a big division within the company and several key people left.
It also owns 84.3% shares of famous mobo games called CLASH OF CLANS
Several racists left, good for everyone
Vash Stampede now you are racist if you are unhappy with the management?
@evilwithasmile ,
Obviously the direct reason was due to Chinese involvement. If they had a problem with the management, why all left at the same time after the Chinese getting involved? What if it was let’s say French involvement. Would they leave?
tencent games owns:
Supercell
Riot Games
Netmarble Games
Garena
Glu Mobile
Pocket Gems
Miniclip
Maxwell Anger
Bluehole Inc.
Grinding Gear Games
etc
3:34 "EA Arts" lol You basically said Electronic Arts Arts.
Redundant Acronym syndrome
Termantino com -> AS syndrome
SMH MY HEAD
Donghoon 2 dass my shit
@@dnghn.design Shaking my head head?
In the past, you always criticize Chinese product's quality. Now their quality is even better and you start to say that they are evil.
Is that what you got? It seems you western company start to lose confidence.
It is very low.
I'm hoping Shenzhen or Tel Aviv or anywhere can challenge the dominance of Microsoft Windows, Macintosh, Android or Facebook or TH-cam etc. But, it's getting increasingly difficult for new player to enter (not that many are capable to enter anyway). So Western companies are here to stay for foreseeable future
John Petterson All media are liars no matter where you are. What is funny is westerners believe that their media are candid.
An open-minded people should travel and see with his own eyes. Travel makes the world peaceful, not that stupid media.(If you have a negative view towards something, you will get more and more negative news about that thing through media.)
David Smith it is kind of truth. Trade is not a zero-sum game but greatness seems is. Hope human can find a way. But we should encourage these new players to challenge them cuz we will have better service LOL.
Apache Tomcat Yeah, they have already occupied the market and it is difficult to succeed.
As long as the PRC is ruled by an Authoritarian Communist Party, Westerners will always distrust digital products coming from china.
First time hearing about them; doing research for Pokemon Unite
yup same
Same
Another rapper competing with 50 cent?
I first came into contact with computers when I was eight years old, and I first explored local area networks when I was just 14 years old. In recent years, the Internet and smart phones have developed so rapidly that the only thing I have not changed is playing mobile games. Tencent has many computer games, mobile games and various kinds of software. In China, teenagers use QQ, but now we are adults, so we start using WeChat and we play the glory of the king. There are also many kinds of games in our Chinese version of pubg mobile games, but I think the most interesting and popular games in China are the game software operated by Tencent. In China, you don't need any foreign software, but we can't lack Tencent software.
This is how you take benefits of closed economy
No it definitely the sucess of Tencent and it is one of the most innovative companies in the world.
Tencent valuation is now 500 billion dollars.
And now it's with Pokemon
F****** Unite. What a f******* shame.
You...do realize that was a collab right? Not it being owned by them?
I didn't realize it until I saw these comments
They are also trying to buy Warframe
@@sans.2709 calm your dirtied panties a notch.
Wait, so Tencent can bundle booking of medical appointments into WeChat, but Facebook needs a separate app for Facebook messages?
Whose here after Pokémon made the worst game with tencent?
I like that game , but with Tencent it's not right.
I feel like they are gonna go full EA mode
I feel like its just gonna have overpriced skins that doesnt do anything besides skill effects
@@BOOMBoom-tv4kv then dont buy the skin ._.
I'm hyped to the game but trying to find out why people hate tencent
Anyone here for PUBG mobile?
Its Foy 手机版有外挂吗
Me
Its Foy me
@@angusbidgood Shut up
ME
Tencent has shown that China has officially come in competition with USA and Japan in the video game business, although most people would be under the impression that the only major players in the video game market are the elite 3 Nintendo, Sony, Microsoft. Most people are not really aware that now Amazon, Google, Facebook seem to be wanting to get in the video game business as well. So we have American, Japanese, Chinese companies all competing for video gamers world wide. It is strange we have not seen South Korea jump into gaming with Samsung considering Asia has many gaming fans and not just Japan but as well China. This business is set to be even bigger then the movie industry with esports becoming a multi billion dollar market and tons of connection online with social media.
What do you mean by Korea, pubg is from Korea and Seoul is the esports capital of the world
I love Tencent videos on youtube. The subtitiles are awesome and could learn a language this way lol. Thanks for showing more about them.
I know Tencent coz of PUBG mobile game 😂
I know Tencent coz of LOL😂
And cod
@@user-nv9oe4pv1f what is lol, is it some app of tencent or you just making fun of tencent with LOL (laughing out loud)?🤔🤔🤔
I know coz of QQ browser from 8 years.
Lucifer LoL is league of legends.... the most popular game, it’s not his fault that you live under a rock
He’s like thanos, whenever he snaps some innocent company turns to his company
Any advise on some new crypto currencies in which we can get in early in the game. This was a great video. Always a pleasure watching this channel.
A few months old, but we talk about some of the other cryptocurrencies in this intro: th-cam.com/video/3cCUkmTJNo8/w-d-xo.html
let’s consider the population of China as a means of tremendous growth and also the one-sided competitive landscape within the Great Firewall
Good to see China being successful and innovative.
So who's here after Pokemon Unite?
Sup
Me
They can quadruple their value by getting 50 Cent.
That would be quintuple.
Shouldn't the get 40 Cent then? He is 50 Cent's little nephew.
You need math
Double their value = 10 cents, cuz it would make them be worth 20
So shouldn't 50 cents = sextuple? Cuz it would make them be worth 60
Something about this math is off...
The most impressive part: it's became such a tech giant just by doing business within China.
Lol I would laugh if Trump band fortnite.
Trump : it's Chinese
Children , teens and ninja : ( *starts a civil war* )
@@warriorz9451TikTok ban more important
Pretty sure Tencent is ALREADY head to head with silicon valley's biggest names!!
their Palo Alto office is pretty fancy too
Please do a #CNBCExplains video about :
How/Why #DJI dominates the global #drone industry?
I'm a fan of the CNBC Explains series, you guys give a to the point analytical explaination about each topic and it's interesting to watch! Learn something new every time I watch this series! Keep up the good work :)
Yeah I agree!
U know this video is so much biased on Tencent that they are not even telling Tencent's faliures
Not to mention there taking all your data to china do to a reason act that made all companies obliged to give it to china foreign data included
@@areflul2684 what
Tencet also brought down the adpoclipse on TH-cam 🤣🤣
"tech juggernauts Tesla and Snapchat"....history will look back at this sentence and hold us all accountable.
Can you elaborate please!
Tesla $600b and snap is $100b now lol
Super cool vid. One of my favourite stocks at the moment :)
I look forward to when Starlink & Tencent combine
You guys should do a video on BAT.
B for Baidu
A for Alibaba
T for Tencent
buddy don't talk about BAT anymore....lol.
Bytedance
FANG(Facebook,Amazon,Netflix,Google) vs BAT(Baidu,Alibaba,Tencent)
China is all about bats
Oof
I like your introducrory videos. Thanks for your effort.
I dont why this makes me feel like tencent is a great threat to us
No bro tencent supported indian developers to develop ola spp
Then you will be Trump’s best friend
Chinese have good quality of planning and implementing it on ground zero.
Wechat is the best app in the world, no doubt about it
what's your wechat ID?
me01917-742561
Huawei is a great company too.
Jack Li Huawei is hardware and Tencent is everywhere
Huawei is like the Chinese version of APPLE, and Tencent is like Goodle
Peng XiangPing yes,
Carjon Deng except tencent is biggest of them all and will probably beat apple in near future too
jack sjsjs It’s because of them being banned by American officials after evidence of a spying scandal.
very informative , thank you
Tencent is the great great great Grandfather of Fiftycent. 👍
Lul
Dad? Can I go to the fifty-cent concert?
Dad replies:) Sure. here's a dollar, take your brother.
Tencent is my favorite stock I have it in my portfolio
Asians especially East Asians are smart and diligent. It's only a matter of time that they master the technology and have the wealth they want.
This is a very interesting and informative video.
How did Tencent grow so big so quickly in so many areas?
I’m confused, most companies struggle to manage so many things at least in the longer term.
Because they have the biggest market in the world. The top ten Internet companies in the world are either American or Chinese.
Because they don’t need to recreate the game application or those other systems they just copy from other’s companies. And most foreign apps is disabled to used in China so for Chinese only original substitutes can be used This is how they earn money
@@bonitapaula7880 ah yes I noticed this, interesting
Hands on leaders. Like Tesla.
plagiarism is always an easier way to make money. Tencent didn't do anything meaningful, just copy products from other companies, by using the independent network environment created by GFW. LMAO, you WONT like Tencent if you live in China.
I saved this on my watch later and I thought it was an add lol
Ok China. We got 50 cent.
The irony that Tencent is make a game in a cyperpunk setting when it is the embodiment of evil in most works in that scenario.
Now they own Cod Mobile bruhhh I don’t like what Blizzard did too
Tencent acquired 48.4% of the issued share capital of Epic Games for US$330 in July 2012
Haha Now :Pony Ma replaces Jack Ma
TH-cam : You have to see this
Lmao
Whose here after reading article about tencent want to control anime or manga?
PBUG ,which is also tencent own.
Player Battle Unknown Ground?
Its that PUBG 2?
Uhm no its not PUBG original is nkt belong to TANCENT.. they just BUY IT.. A.K.A invenstor (?)
The only one big company without customer services in the world !
Tencent=copy paste all the system all the app all the characters all over the world amazing！
capitalism for you
tencent buys it
Isnt it dangerouse for a single company to have our personal info
and google have ur personal info as you registered so many info into ur google accounts, including ur credit cards etc. If not, apple do own your datas too if you are having an iphone. Hmm..
@@richardbroner9852 i dont know man. i live in canada, people keep saying communist is scary and shithole or sth , but all i can see is they r improving their country , their people, and the west , especially USA bombing,invading and killing people in other country with a "freedom" nametag on the chests. i still dont see china fire a single bullet to start a war with any country yet in 21st century at least
@@eddywong6688 You live in a socialist democratic country. Not a communist country that is ruled and abused by one option. Do you not prefer choice? The US has the approval from these "countries" before they start "bombing." Do your research kid. It's an act of war to invade ones country to kill the cancer.
*Tencent Is Very Focus On Their Business & Quality That's why It's Popular*
Its the company that owns tiktok. That's why it's so valuable of a company.
no its not tik tok's owner, they are competitors
Este empresa es tan humilde - la compania valorado hasta 500 billones, pero se llamado TenCent.
This company is so humble. It's worth 500 billion, but it's calledTencent.
people on the comment sections we know tencent coz of Pubg while me knows them coz of SNH48
me to
I hope WeChat Pay will become more popular in EU. Some shops support it but only Chinese can use it. It’s the only one good, fast and really safe mobile payment.
Btw tencent is pronounced thynshant.
Or maybe Europe should be more innovative and make their own popular messaging and payment platforms
most employees in China hate using wechat as work communication
qq better
Tencent is the largest game developer and distributor in the world. Most popular games you play are fully-funded or partially funded by Tencent. And that's its main money source.
I am chinese tell the truth tencent is not good fame in china
but it has huge influence that's true and many it creates good app
@@user-bl6jy7ey9v , they doesnt innovate games, only buy game developers and make mobile version
Videos on Koch brothers, ANT financial, Airbnb, Palantir technologies, Wework
Thanks for the suggestions! We're writing them all down.
Here's a piece we did on the future of coworking spaces, with a big emphasis on WeWork: th-cam.com/video/HYlwYjRPbPo/w-d-xo.html
and "Where is Pamela Anderson" too
And we call india a IT hub
When a reported makes funny facial expressions when talking, you just know you have to not watch the video anymore. lol
The issue is we cannot really on the underlying data coming out of china , this means any valuation given based on this data is potentially flaursed. The other big thing to consider is most of its market is in china, if the playing field is leveled i don't see their success continuing as easily as it does to a monopoly protected market.
I only care about DIME because of supercell, my favorite devs
End of American corporate dominance
Not yet, US still dominates by 56 companies among the 100 biggest worldwide, 17 from top 20
I only knew Tencent as the PUBG mobile game publisher.
Jio, India, and *PuBG*
Who else knows tencent cuz of PUBG? 😂
LOL
@@gavinhe7230 why everyone replying "LOL" wherever i read comment like above?? What's so funny?
Who has came because of pubg
Vivek Patel me
Me
Me.. How get back account
We Chat Is everywhere in China. It's the only you can pay for almost everything at the airport including vending machines, cabs, food .. I was just there a few weeks ago.. Its insane
wow so i came here because of Produce 101 China and A love So Beautiful
tencent also owns riot games' league of legends.
@enes then don’t play the game
The future is always digital ... cloud will always be in the horizon on tech 👍🏼❤️
King of Glory, aka Arena of Valor in North America. We all know about it.
They see Tencent .. i saw PUBG Mobile 😘
Did he just say “EA ARTS”?
just like when people say 'ramen noddles' and 'samurai warrior'
Nehco Oahnait i get what ur saying but i find that totally different
Location matters in business,
Your business being located at a place with world's largest population and neighbour to world's second largest population which is also your consumer
You are on a path to being BIG!!!
Why did Tencent accidentally show rates of Coronavirus infection and fatality 10 times higher that those being reported by the Chinese?
Because they “accidentally” posted the truth about coronavirus. Stay safe please people in china wanting to reveal the truth are getting removed from internet or being arrested
I first knew tencent from pubg mobile
0:28 where's the boss.... Google
dead inside!
Excellent report!
I only found out about Tencent because of PUBG. I never new that the company was THAT huge
Well isn't that convenient. Only one app...Perfect for government control. No thanks.
Yes, and if you ever used epic games or blizzard or any of the other companies with a Tencent stake, china has at least a bit of your information. I believe in the case I Blizzard their Terms and Conditions even state that the Chinese government can view and access your information at any time.
Then people should just stop using phones, more straight forward
Tencent also own's League of Legends and PUBG
Riot owns league of legends
@@andreidgaf5198 tencent owns riot
@@heneliezer1421 no tencent make mobile games
@@andreidgaf5198 tencent owns riot dude..
If u don't have competition
Ultimately u will be the winner
Tencent wants a piece of everything.
State company
PUBG is best. Good work tencent
PUBG is dying and will be no more..... Fortnite WON!
Pubg mobile sucks, desktop version is better and is not own by tencent, originally designed by brendan greene
@@77Treasurehunter77 no fortnite died,because epic games owned by tencent,a and thus you have Minecraft that's superior.
By making other companies difficult to grow, china has done good. This gave their own on shore based companies to achieve success
hi guys
6-7 years ago I said on wsj Fb is Desktop vs WeChat Mobile platform. And they were comparing WeChat and what’s up. Apple and orange. Sad to see take so long for media to recognize that
Many games from Western needs to go through Tencent approval to even enter into the China market same with Korea, and so on. Its just ridiculous, and out of control.
So people in china send job applications through we chat instead of Gmail.😅
Yes
@@user-gx4eu9po8ghow do chinese use youtube
Donghoon 2 vpn, buddy
@@user-gx4eu9po8g
Does everyone in China use Tencent apps?
nice Prediction
I believe one day Africa will be great
I have to say when i go to china to visit relatives, all i need to do is bring my cellphone LOL. It pays for everything and I can place order on the phone instead of a waiter