Tencent Holdings

Tencent Holdings Limited, founded in 1998 and headquartered in Shenzhen, China, is a leading internet service provider that offers a wide range of value-added services and online advertising. The company's diverse portfolio includes popular platforms such as WeChat and QQ, which facilitate communication, entertainment, and e-commerce for millions of users. Tencent is recognized as the world's largest video game publisher, with flagship titles like Honor of Kings contributing significantly to its revenue. In addition to gaming and social networking, Tencent provides financial technology and cloud services, as well as invests in and produces films and television programs. The firm also engages in various technology-related services, including software development and information system integration. Tencent plays a vital role in the global venture capital landscape, holding substantial stakes in several prominent tech companies. Its user-centric approach and comprehensive service offerings position Tencent as a key player in the internet ecosystem both in China and internationally.

Charles Chen

Co-Founder

Michael Cheung

Senior Director

Ben Feder

President, International Partnerships (North America)

Kyle Kurpinski

Investor

Jeffrey Li

Managing Partner

Alvin Liu

Co-Founder

Shengyi Liu

Senior Executive Vice President

Steven Ma

SVP

James Mitchell

Chief Strategy Officer and Senior Executive Vice President

David Wallerstein

Chief eXploration Officer and Senior Executive Vice President

Yao Xia

Executive Director

Chenye Xu

Co-Founder and Chief Information Officer

Levin Yao

Managing Director, Tencent Investment

Tony Zhang

Co-Founder

Wenlei Zhuang

Vice President of Tencent Cloud and Head of Tencent Cloud Strategic Investment

Past deals in Streaming

DataPipeline

Venture Round in 2022
DataPipeline is a Beijing-based company that specializes in streaming data integration services. It offers a platform designed to help enterprises manage and utilize their data more effectively. The company provides a range of functionalities, including visual graphical configuration, data batch processing, quality management, and user management. These features allow customers to connect and synchronize complex data sources, leading to improved data utilization and enhanced decision-making capabilities. DataPipeline's solutions aim to address the technological needs of businesses by facilitating better data integration and management.

Gaana

Debt Financing in 2021
Gaana is an Indian music streaming platform that operates under Gamma Gaana Ltd., a subsidiary of Times Internet Limited. Founded in 2011 and headquartered in Noida, India, Gaana claims to be the largest music broadcasting service in the country. The platform provides users with free, unlimited, and legal access to a vast library of music, including popular Bollywood, Hindi, regional, and international tracks. By offering a user-friendly mobile app and website, Gaana aims to enhance the way users discover and enjoy music, catering to a diverse audience through innovative features and culturally rich content.

ZEGOCLOUD

Venture Round in 2020
Shenzhen Zego Technology Co., Ltd. is a company based in Shenzhen, China, that specializes in real-time cloud streaming services for audio and video communications. Founded in 2015, Zego offers a comprehensive platform that supports various functionalities, including one-to-one video calls, live broadcasting, and multi-party video conferencing. The platform also provides services for real-time audio streaming, voice chatrooms, and recording and archiving of events such as bank account openings and interviews. Zego targets enterprise and mobile application developers, focusing on delivering stable and high-quality voice and video services across diverse sectors, including social media, online education, and telemedicine. Additionally, the company provides a software development kit (SDK) to facilitate the integration of its services into other applications.

VSPN

Series B in 2020
VSPN is an internet sports and cultural media company that focuses its business on e-sports. It provides core marketing and entertainment content operations as its core business, providing brand marketing, artist brokerage, e-sports TV, and e-sports venues. Founded in 2015, Quantum Sports VSPN (Versus Programming Network) and is based in Shanghai, China.

Gaana

Debt Financing in 2020
Gaana is an Indian music streaming platform that operates under Gamma Gaana Ltd., a subsidiary of Times Internet Limited. Founded in 2011 and headquartered in Noida, India, Gaana claims to be the largest music broadcasting service in the country. The platform provides users with free, unlimited, and legal access to a vast library of music, including popular Bollywood, Hindi, regional, and international tracks. By offering a user-friendly mobile app and website, Gaana aims to enhance the way users discover and enjoy music, catering to a diverse audience through innovative features and culturally rich content.

iflix

Acquisition in 2020
iFlix Sdn Bhd is a digital entertainment service provider based in Kuala Lumpur, Malaysia, founded in 2014. The company caters to consumers in various countries including Malaysia, the Philippines, Thailand, Indonesia, and several others across the Middle East and North Africa. iFlix offers a comprehensive library of content, including TV shows, movies, hyperlocal originals, live sports, and news, allowing users to stream or download their preferred entertainment. The service features a diverse range of genres, including comedy, drama, K-drama, Turkish drama, Bollywood, and Nollywood, sourced from Hollywood, the UK, Asia, the Middle East, and Africa. Subscribers benefit from unlimited access to this extensive content library for a low monthly fee, enabling them to watch on multiple devices such as mobile phones, laptops, tablets, and televisions, thereby enhancing accessibility and convenience. As of June 2020, iFlix operates as a subsidiary of Tencent Holdings Limited.

Huya

Post in 2020
Huya Inc. operates a leading game live streaming platform in China, facilitating interactive broadcasts that allow real-time interaction between broadcasters and viewers. Founded in 2011 and headquartered in Guangzhou, Huya provides a diverse array of live streaming content, encompassing a vast library of approximately 3,800 games across various genres, including esports, mobile, and console games, as well as entertainment categories like talent shows and online theater. Additionally, Huya runs Nimo TV, which focuses on game streaming in Southeast Asia and Latin America. The company also engages in online advertising, marketing services, software development, and internet value-added services. As a subsidiary of Tencent, Huya benefits from the support of one of the largest technology companies in China, with Tencent holding a significant equity stake and voting power.

MX Player

Series A in 2019
MX Player is a video playback application based in Mumbai, India, known for its advanced hardware acceleration and extensive subtitle support. Initially developed by J2 Interactive, it has evolved into a leading over-the-top (OTT) platform, offering both offline video viewing and exclusive content streaming. With an impressive installed base of over 500 million users globally, including more than 350 million in India, MX Player has established itself as the largest local video platform in the world. The platform supports multi-core decoding, which enhances visual quality while maintaining small file sizes, making it a popular choice for users seeking a versatile and high-quality viewing experience. Since its launch, MX Player has consistently ranked among the top 10 Android apps, reflecting its widespread appeal and functionality.

Antstream

Series A in 2019
Antstream Arcade is a retro games streaming platform that offers over 1000 games for players to enjoy the old classics. Arcade, console or computer games can be played on online and across most devices. Enjoy the games in their original state or with a modern twist with our unique social challenges. Rise to the top of our global leaderboards, earn gems and bragging rights. Be the retro gaming champion on Antstream!

Xiaoxiang Huyu

Series A in 2019
Xiaoxiang Huyu focuses on game-streaming and hosting content from internet celebrities

Bilibili

Post in 2018
Bilibili Inc. is an online entertainment platform based in Shanghai, China, catering primarily to the younger generation. Founded in 2009, the company has evolved from a niche content community focused on anime, comics, and games (ACG) into a comprehensive entertainment hub that offers a diverse range of media formats, including videos, live broadcasts, and mobile games. Bilibili emphasizes high-quality content and aims to create immersive experiences that foster strong emotional connections among its users. The platform features a unique interactive playback system that allows for real-time subtitle overlays, enhancing user engagement. Additionally, Bilibili has established a strategic collaboration with Tencent for the sharing and operation of anime and games, further expanding its content offerings and reach within the Chinese market.

Ximalaya

Private Equity Round in 2018
Ximalaya (喜马拉雅) is a service website that enables users to share voices and personal radio stations. It is a product of Beijing Nali Huiju Network Science and Technology Co., Ltd. It was founded in August, 2012 and is committed to the construction and operation of online audio sharing platform. It launched ""Ximalaya APP"" in March 2013, and in just half a year, it achieved the target of ten million subscribers. In early May of 2014, the number of activated users of Himalaya exceeded 50 million, making Ximalaya the biggest online audio sharing platform in China. On May 22, 2014, Himalayan announced that it has successfully received an A series venture capital investment of 11.5 million US dollars. As of May 2014, the Ximalaya certified audio show creators were more than 6000. Its established columns were 240000 with audio volume reaching nearly 3 million and average daily new upload audio hitting more than 10000.

Shanghai Canxing Cultural and Broadcast Company

Series B in 2018
Shanghai Canxing Cultural and Broadcast Company, which does business as Starry Production, produces television programs in China. Shanghai Canxing Cultural and Broadcast Company is headquartered in China. The company operates as a subsidiary of Star (China) Ltd.

Chaping

Series A in 2018
A Media & Entertainment Company based in Hangzhou.

VSPN

Corporate Round in 2018
VSPN is an internet sports and cultural media company that focuses its business on e-sports. It provides core marketing and entertainment content operations as its core business, providing brand marketing, artist brokerage, e-sports TV, and e-sports venues. Founded in 2015, Quantum Sports VSPN (Versus Programming Network) and is based in Shanghai, China.

Xiaoxiang Huyu

Seed Round in 2018
Xiaoxiang Huyu focuses on game-streaming and hosting content from internet celebrities

Elephant Games

Seed Round in 2018
Online game and entertainment live streaming platform based in Shenzhen.

Pear Video

Series A in 2018
Pear Video is a prominent short video content platform in China, dedicated to delivering timely video news across various sectors, including business, entertainment, technology, and lifestyle. Founded by a team with a robust media background, the platform focuses on producing deeply edited aggregated content along with exclusive original coverage. Pear Video caters to the younger generation by offering mobile-friendly video products suitable for sharing. The platform employs innovative technologies and tools to enhance video production and consumption in the mobile internet era. It operates as a cross-platform, open new media entity, utilizing a flexible collaborative and revenue-sharing model to amplify the reach of high-quality short videos. Content is updated daily and distributed not only through its mobile app and website but also across social networks and other video platforms globally, ensuring broader user engagement.

Douyu

Series E in 2018
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

Huya

Series B in 2018
Huya Inc. operates a leading game live streaming platform in China, facilitating interactive broadcasts that allow real-time interaction between broadcasters and viewers. Founded in 2011 and headquartered in Guangzhou, Huya provides a diverse array of live streaming content, encompassing a vast library of approximately 3,800 games across various genres, including esports, mobile, and console games, as well as entertainment categories like talent shows and online theater. Additionally, Huya runs Nimo TV, which focuses on game streaming in Southeast Asia and Latin America. The company also engages in online advertising, marketing services, software development, and internet value-added services. As a subsidiary of Tencent, Huya benefits from the support of one of the largest technology companies in China, with Tencent holding a significant equity stake and voting power.

Gaana

Corporate Round in 2018
Gaana is an Indian music streaming platform that operates under Gamma Gaana Ltd., a subsidiary of Times Internet Limited. Founded in 2011 and headquartered in Noida, India, Gaana claims to be the largest music broadcasting service in the country. The platform provides users with free, unlimited, and legal access to a vast library of music, including popular Bollywood, Hindi, regional, and international tracks. By offering a user-friendly mobile app and website, Gaana aims to enhance the way users discover and enjoy music, catering to a diverse audience through innovative features and culturally rich content.

Spotify

Funding Round in 2017
Spotify is a leading music streaming service headquartered in Stockholm, Sweden, and operates on a global scale with 602 million monthly active users as of 2023. Founded in 2006, Spotify offers an extensive catalog of music and podcasts, allowing users to access content on various devices, including computers, mobile phones, and tablets. The platform features both a premium subscription model, which provides ad-free streaming, and an ad-supported service, generating revenue from ads. In 2023, 86% of Spotify's revenue came from premium subscriptions, while 14% was derived from advertising. Users can discover music collections, create and share playlists, and receive personalized recommendations. Spotify's infrastructure supports integration with social media platforms, enabling artists to promote their music and engage with fans effectively. The company operates various subsidiaries, including Spotify India Private Limited, enhancing its presence in international markets.

Bilibili

Series D in 2017
Bilibili Inc. is an online entertainment platform based in Shanghai, China, catering primarily to the younger generation. Founded in 2009, the company has evolved from a niche content community focused on anime, comics, and games (ACG) into a comprehensive entertainment hub that offers a diverse range of media formats, including videos, live broadcasts, and mobile games. Bilibili emphasizes high-quality content and aims to create immersive experiences that foster strong emotional connections among its users. The platform features a unique interactive playback system that allows for real-time subtitle overlays, enhancing user engagement. Additionally, Bilibili has established a strategic collaboration with Tencent for the sharing and operation of anime and games, further expanding its content offerings and reach within the Chinese market.

Douyu

Series C in 2016
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

Baobao

Series B in 2016
Baobao's mobile app allows users to conduct or watch live video streaming, a hot mobile app trend in China. Users can interact with each other via commenting, gift offering and private chats.

Kamcord

Series C in 2016
Kamcord is a social media platform based in San Francisco, California, that specializes in mobile game streaming. The company offers an online gaming platform that allows users to record and share video content of their gameplay. Utilizing an embedded software development kit (SDK), Kamcord enables seamless video capture and sharing, fostering interaction among users through their gaming experiences.

Douyu

Series B in 2016
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

Kamcord

Series B in 2014
Kamcord is a social media platform based in San Francisco, California, that specializes in mobile game streaming. The company offers an online gaming platform that allows users to record and share video content of their gameplay. Utilizing an embedded software development kit (SDK), Kamcord enables seamless video capture and sharing, fostering interaction among users through their gaming experiences.

STX Entertainment

Venture Round in 2014
STX Entertainment is a global media company headquartered in Burbank, California, focused on producing, marketing, and distributing content across various platforms, including traditional and digital media. The company specializes in films, scripted and unscripted television programming, and digital content, and has developed a subscription-based OTT platform called Eros Now. Co-founded by Robert Simonds and Bill McGlashan, STX Entertainment is recognized for its innovative approach to the entertainment industry, emphasizing talent-driven enterprises rather than traditional content distribution models. The company has established strategic partnerships with major investors and firms, positioning itself to effectively reach global audiences, particularly in the Chinese market.

Longzhu TV

Series A in 2014
Longzhu TV is a multimedia platform that specializes in live streaming services for digital games, e-sports, and a range of entertainment content. The platform broadcasts and re-broadcasts a variety of programming, including games, sports, and e-commerce. Longzhu TV has established strategic partnerships with prominent leagues such as the Heroes Union Professional League and the CrossFire TV Professional League, securing rights to stream top gaming events. Additionally, it holds exclusive broadcasting rights for renowned gaming figures and professional teams, enhancing its reputation in the industry. The platform offers users access to a wide array of videos from streamers, fostering interaction around live content.

Kamcord

Seed Round in 2013
Kamcord is a social media platform based in San Francisco, California, that specializes in mobile game streaming. The company offers an online gaming platform that allows users to record and share video content of their gameplay. Utilizing an embedded software development kit (SDK), Kamcord enables seamless video capture and sharing, fostering interaction among users through their gaming experiences.

Kamcord

Seed Round in 2012
Kamcord is a social media platform based in San Francisco, California, that specializes in mobile game streaming. The company offers an online gaming platform that allows users to record and share video content of their gameplay. Utilizing an embedded software development kit (SDK), Kamcord enables seamless video capture and sharing, fostering interaction among users through their gaming experiences.
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