Which is the famous company in China: If you search for the richest companies in the world on the Internet search engine, do not be surprised to see the names of Apple, Microsoft, and Google. But the name of Tencent in this list will surprise you.
You might be wondering what Tencent is again. Tencent’s empire is bigger than Facebook, MasterCard, and Samsung. The answer to what Tencent is doing may make you roll your eyes. What does Tencent do? What apps do they make? Does the service of artificial intelligence? Are games made? What don’t they have?
Tencent Pictures, Tencent Claus, Tencent Music, Tencent Entertainment, Tencent Games, the list goes on. Tencent loves to work behind the scenes. So their name did not spread from house to house in the world. But whether you know about this company or not, you may be consuming a product or service right now that is linked to stress.
Super App WeChat
However, China’s concept is completely different. Everyone in the country knows that Tencent has dominated their lives. That’s because an almost impossible thing happened in China. People there do their work in just one app. Super App WeChat is Tencent’s most popular app. It is a messaging app. But WeChat is called the Everything app. That means you can do all the work with one app.
China’s 1.4 billion people use WeChat for an average of 4 hours per day. At this time, an average of two hours per day is more than the time spent on social apps by all Americans combined. But why do Chinese people use only one app? Because everything is in this chat, there is no need to go to another app.
You can use Facebook, PayPal, WhatsApp, Netflix, Google, Uber, Tender, Jam, YouTube, Deliveroo, Amazon, and many more in one app. All can be done in one profile. You can pay bills and talk to friends on WeChat. In the digital world, you can meet all your needs in WeChat. Tencent never says how much profit they make from WeChat alone.
Now Let’s Get To The Gaming
It is quite clear that Tencent makes a lot of money through gaming. Tencent, the world’s largest video game publisher, has created a stir around the world with their games Fortnite and PUBG. Tencent invests in music and movies. Tencent Pictures is involved in many Hollywood movies. Including Terminator Duck Fett and Wonder Woman. Tencent founder Mahuateng has overtaken Alibaba founder Jackma to become China’s richest man.
Tencent was founded in 1998 by a science graduate from Xinjiang University in China with four friends from school. Currently, he owns 7% of this company. 48-year-old Mahuateng is also known as Polyma in China. He was named one of the most influential people in the world by Time magazine in 2007, 2014, and 2018.
Although Mahhuateng is not popular in the world, its popularity is very high in China. Every person in China knows how dependent they are on the institutions of Mahuateng. So the Chinese government gives special privileges to this person. It is said that Mahuateng’s institution made a huge contribution to China’s economy.
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