Tencent Holdings Ltd 2018 AR2
The report outlines Tencent's strategic organizational upgrade in 2018 to capture opportunities in the Industrial Internet while strengthening its Consumer Internet presence. The company achieved significant growth in its social platforms, with Weixin and WeChat reaching approximately 1,098 million monthly active users. Tencent expanded its digital content ecosystem, listing Tencent Music Entertainment on the New York Stock Exchange, and grew its cloud revenues by over 100% to RMB 9.1 billion. Additionally, the company upgraded its Healthy Gameplay System to promote sustainable growth in the gaming industry and continued its extensive philanthropic efforts through the Tencent Charity Foundation.
Company: Tencent Holdings Ltd
Sector: Communication Services
Country: China
Year: 2018
Type: AR2
Pages: 274
Tencent Holdings Ltd
Annual Report
The report outlines Tencent's strategic organizational upgrade in 2018 to capture opportunities in the Industrial Internet while strengthening its Consumer Internet presence. The company achieved significant growth in its social platforms, with Weixin and WeChat reaching approximately 1,098 million monthly active users. Tencent expanded its digital content ecosystem, listing Tencent Music Entertainment on the New York Stock Exchange, and grew its cloud revenues by over 100% to RMB 9.1 billion. Additionally, the company upgraded its Healthy Gameplay System to promote sustainable growth in the gaming industry and continued its extensive philanthropic efforts through the Tencent Charity Foundation.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Employees