Tencent Holdings

Tencent Holdings Limited is a leading internet service provider based in Shenzhen, China, known for its extensive range of value-added services, including online games, social networking, financial technology, and online advertising. Founded in 1998, Tencent operates major platforms such as WeChat and QQ, which facilitate communication, entertainment, and e-commerce for millions of users. The company is recognized as the world's largest video game publisher, with popular titles like Honor of Kings in its portfolio. In addition to its core services, Tencent is involved in the production and distribution of films and television programs, as well as software development and digital content licensing. With a focus on user-oriented strategies, Tencent continues to adapt and expand its offerings, positioning itself as a vital part of daily life for many consumers in China and beyond.

Hongwei Chen

Executive Director of Investment

Martin Lau

President

Jeffrey Li

Managing Partner

Alvin Liu

Co-Founder

Steven Ma

SVP

Huateng Ma

Co-Founder, Chairman and CEO

Danying Ma

Managing Director

Bo Wang

Vice President, Tencent Games

Ye Wang

Associate Director, Global Data Intelligence and Data Service, IEG

Xiaoguang Wu

Senior Executive Vice President and CEO

Yao Xia

Executive Director

Levin Yao

Managing Director, Tencent Investment

Wenlei Zhuang

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

phil mu

Chief Investment Officer

Dowson Tong

President of Social Network Group, Senior Executive Vice President

Past deals in Media

Wuhan Cuntian Film and Television Culture

Venture Round in 2023
Wuhan Cuntian Film and Television Culture Co., is a film and television producer, focusing on the field of entertainment services, mainly engaged in the production.

Wavarts

Venture Round in 2022
Wavarts Technologies specializes in delivering software and hardware solutions for the audio and video production industries. The company provides a range of technologies that adhere to both domestic and international standards, including AVS, EVD, IEEE, and IEC. Wavarts serves various content production and distribution sectors, encompassing movies, television programs, music, games, and playback devices such as mobile phones, televisions, set-top boxes, earphones, computers, automobiles, and theaters. Through its offerings, Wavarts assists clients in advancing research and development, standardization, and the industrialization of audio technologies.

MD Pictures

Post in 2021
MD Pictures' objective is to be a forerunner in the local film industry and to launch globally by collaborating to develop, create, and consistently deliver high-quality films. The company's vision is for the stories it tells to inspire and remain in the homes, hearts, and memories of people all around the world.

Reddit

Series E in 2021
Reddit, established in 2005, operates as a social news aggregation, web content rating, and discussion website. It facilitates users to submit links, create content, and engage in discussions on a wide array of topics, from gaming and sports to business and cryptocurrency.

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.

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. Originally developed by J2 Interactive, it has grown to become the largest local video platform globally, boasting over 500 million installations, with 350 million users in India alone. The platform not only offers robust offline video viewing capabilities but has also expanded into an over-the-top (OTT) service, allowing users to stream exclusive content. MX Player provides a diverse range of offerings, including movies, TV shows, news, music, and web series, while ensuring high visual quality through multi-core decoding, resulting in efficient file sizes. Since 2012, it has consistently ranked among the top 10 Android applications, highlighting its significant presence in the digital entertainment landscape.

Fen-z Interactive

Series A in 2019
Fen-z Interactive is a comprehensive media company with a pan-quaternary IP incubator development as its core. Its business includes comics IP incubation, content marketing, animation production, and derivative development. Targeting the secondary group, "Molecular Interaction" emphasizes advertising marketing and content production, and positioning "a new form of communication organization that uses social thinking to achieve integrated communication for young people."

Reddit

Series D in 2019
Reddit, established in 2005, operates as a social news aggregation, web content rating, and discussion website. It facilitates users to submit links, create content, and engage in discussions on a wide array of topics, from gaming and sports to business and cryptocurrency.

Wind Fish

Series A in 2019
Established in Mar 2016, Windfish is an IP centric entertainment production company. It has successfully produced a series of heart-warming short-video stories “Call Me Zombie Little Fish”, featuring a distinctively cute zombie boy, his adoptive Papa, and other friends

Zhonglan Media

Series A in 2018
Zhonglan Media is a media and entertainment company that specializes in documentary film production. It focuses on creating large-scale documentaries and short videos, providing a range of services including planning, shooting, and production. Additionally, the company offers virtual reality short videos and panoramic recordings, allowing viewers to experience high-quality visual content. Through its expertise in documentary filmmaking, Zhonglan Media aims to engage audiences with compelling narratives and immersive experiences.

Bilibili

Post in 2018
Bilibili Inc. is an online entertainment platform based in Shanghai, China, that caters primarily to the younger generations. Founded in 2009, it began as a community focused on anime, comics, and gaming (ACG), but has since broadened its offerings to include a wide variety of content such as videos, live broadcasting, and mobile games. The platform emphasizes high-quality content and fosters strong emotional connections among its users, creating a vibrant community. Bilibili generates revenue through multiple channels, including advertising, gaming, live streaming, value-added services, and e-commerce. The company has also formed a strategic collaboration with Tencent for sharing and operating anime and games, enhancing its content library and user experience.

Ximalaya FM

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.

CMC

Series A in 2018
CMC Inc. is a Chinese state-backed media and entertainment conglomerate that produces a diverse array of content, including film, television dramas, financial media, music, and sports. Established in 2010, CMC Capital operates as a private equity and venture capital firm located in Shanghai, focusing on investments across various sectors such as culture, technology, media, entertainment, consumer goods, medical treatment, and telecommunications. The company's multifaceted approach enables it to influence multiple aspects of the media landscape while supporting growth in complementary industries.

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.

L2Studio

Series B in 2018
L2Studio is an animation studio.

Shanghai Youhug Media

Corporate Round in 2017
Shanghai Youhug Media is a media and entertainment management company based in Shanghai, founded in 2012. The company specializes in the production and distribution of television content and films. It is actively involved in the creation, production, and performance of film and television dramas, offering diverse and engaging cinematic experiences to audiences. Through its operations, Youhug Media aims to captivate moviegoers and television enthusiasts with high-quality content.

Luoji Siwei

Series C in 2017
Luoji Siwei operates iGetGet, a mobile application designed to enable users to subscribe and learn from key opinion leaders (KOLs). The platform connects individuals with influential experts across various fields, facilitating knowledge sharing and enhancing personal growth. By leveraging the insights and expertise of KOLs, iGetGet provides users with the opportunity to access valuable information and guidance tailored to their interests. This innovative approach to learning aims to empower users and foster a community of continuous development.

Bilibili

Series D in 2017
Bilibili Inc. is an online entertainment platform based in Shanghai, China, that caters primarily to the younger generations. Founded in 2009, it began as a community focused on anime, comics, and gaming (ACG), but has since broadened its offerings to include a wide variety of content such as videos, live broadcasting, and mobile games. The platform emphasizes high-quality content and fosters strong emotional connections among its users, creating a vibrant community. Bilibili generates revenue through multiple channels, including advertising, gaming, live streaming, value-added services, and e-commerce. The company has also formed a strategic collaboration with Tencent for sharing and operating anime and games, enhancing its content library and user experience.

Utaite

Utaite is a company that operates an entertainment platform. Its core business involves planning, producing, and developing entertainment content to support and promote content creators. The platform aims to enhance creators' self-actualization, improve fan experiences, and facilitate growth on social media. Utaite provides constant support to creators, maximizing opportunities to engage and satisfy their fan base.
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