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

Danying Ma

Managing Director

Huateng Ma

Co-Founder, Chairman and CEO

Ye Wang

Associate Director, Global Data Intelligence and Data Service, IEG

Bo Wang

Vice President, Tencent Games

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 Video Streaming

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.

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.

Kuaishou Technology

Series F in 2019
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Bunch

Seed Round in 2019
Bunch Live, Inc. is a technology company that operates the Bunch platform, a party application designed for multiplayer gaming. Established in 2017 and based in New York City, Bunch allows users to engage in games with friends via group video chat, enhancing the social aspect of gaming. The platform also facilitates game developers by enabling integration, which allows players to connect with friends and enjoy live mobile games together. By providing an easy way to discover, play, and share games, Bunch aims to revolutionize the way people interact in the gaming community.

MX Player

Series A in 2019
MX Player is a prominent video playback application based in Mumbai, India, developed by J2 Interactive. It supports advanced hardware acceleration, multi-core decoding, and subtitles, ensuring high-quality playback and efficient file sizes. Initially known for its robust offline video viewing capabilities, MX Player has evolved into a significant over-the-top (OTT) platform, offering a diverse range of content including movies, TV shows, web series, and news. With an extensive user base exceeding 500 million globally, of which over 350 million are in India, MX Player has established itself as the largest local video platform in the world. Since 2012, it has consistently ranked among the top ten Android applications, reflecting its popularity and user engagement.

AntStream Arcade

Series A in 2019
Antstream Ltd, established in 2013 and based in Heathfield, United Kingdom, operates Antstream Arcade, a subscription-based game streaming platform specializing in retro games. The service offers access to over 1,000 classic arcade, console, and computer games, allowing players to enjoy them in their original form or with modern adaptations, including unique social challenges. Users can compete in global tournaments and climb leaderboards, earning gems and recognition as they engage with the platform. Antstream Arcade is designed to be accessible across multiple devices, providing a versatile gaming experience for enthusiasts of vintage video games.

Ulucu

Series C in 2018
Shanghai Ulucu Electronic Technology Co., Ltd. is a provider of cloud-based video and network monitoring services, catering to chain enterprises, logistics firms, educational institutions, and government bodies. The company specializes in comprehensive solutions that encompass research and development, sales, installation, platform operations, after-sales support, and security services for both software and hardware. Ulucu boasts a robust independent research and development team with expertise in various technologies, including embedded hardware, streaming media transmission, P2P transmission, and cloud server technology. The company's innovations have garnered numerous national invention patents, reflecting its commitment to technological advancement. Ulucu is focused on establishing a comprehensive national service system, currently operating over 300 service network stations across all provinces and cities in China. In addition to its monitoring services, Ulucu is developing an artificial intelligence platform aimed at enhancing retail experiences through intelligent marketing, customer identification, and data analysis, enabling businesses to tailor their offerings to individual customer needs.

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.

Douyu TV

Series E in 2018
Douyu International Holdings Limited operates a live streaming platform based in Wuhan, China, focusing primarily on interactive gaming and entertainment content. Founded in 2014, the platform connects various stakeholders, including game developers, professional eSports teams, advertisers, and viewers. Douyu TV features a wide range of live streaming options, encompassing not only video games but also sports, variety shows, music, and travel content. The platform enables users to submit, view, and comment on videos, while also providing features for recording and sharing clips of live broadcasts. Douyu TV plays a significant role in the eSports ecosystem by sponsoring teams and organizing tournaments, positioning itself as a key player in the live streaming and gaming sectors in China.

Kuaishou Technology

Series E in 2018
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

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.

Kuaishou Technology

Series D in 2017
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Douyu TV

Series C in 2016
Douyu International Holdings Limited operates a live streaming platform based in Wuhan, China, focusing primarily on interactive gaming and entertainment content. Founded in 2014, the platform connects various stakeholders, including game developers, professional eSports teams, advertisers, and viewers. Douyu TV features a wide range of live streaming options, encompassing not only video games but also sports, variety shows, music, and travel content. The platform enables users to submit, view, and comment on videos, while also providing features for recording and sharing clips of live broadcasts. Douyu TV plays a significant role in the eSports ecosystem by sponsoring teams and organizing tournaments, positioning itself as a key player in the live streaming and gaming sectors in China.

Baobao

Series B in 2016
Baobao is a digital video streaming social media platform based in Beijing, China, founded in 2014. The company specializes in providing a mobile app that allows users to conduct and watch live video streaming, catering to a growing trend in the Chinese market. Through its platform, users can engage with one another by commenting, offering gifts, and participating in private chats, enhancing the social interaction experience. Baobao's services are designed for both social and commercial purposes, making it a versatile option for various user needs.

You Qingqu

Angel Round in 2016
You Qingqu is a social network for strangers with user-generated content membership. Their team has extensive experience in mobile Internet research, development, operation, and promotion and has successfully created and run a number of live video social apps in the country. It is a program for live dating chat videos, live beauty displays, and live broadcasting platforms.

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 enables users to record and share video content of their gameplay. By utilizing a mobile gameplay software development kit, Kamcord facilitates interaction among users through video, allowing them to engage with and showcase their gaming experiences.

Douyu TV

Series B in 2016
Douyu International Holdings Limited operates a live streaming platform based in Wuhan, China, focusing primarily on interactive gaming and entertainment content. Founded in 2014, the platform connects various stakeholders, including game developers, professional eSports teams, advertisers, and viewers. Douyu TV features a wide range of live streaming options, encompassing not only video games but also sports, variety shows, music, and travel content. The platform enables users to submit, view, and comment on videos, while also providing features for recording and sharing clips of live broadcasts. Douyu TV plays a significant role in the eSports ecosystem by sponsoring teams and organizing tournaments, positioning itself as a key player in the live streaming and gaming sectors 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 enables users to record and share video content of their gameplay. By utilizing a mobile gameplay software development kit, Kamcord facilitates interaction among users through video, allowing them to engage with and showcase their gaming experiences.

Longzhu TV

Series A in 2014
Longzhu TV is a multimedia platform specializing in live streaming services that encompass a wide range of content, including digital games, e-sports, and e-commerce. The company has established strategic partnerships with prominent gaming leagues, such as the Heroes Union Professional League and the CrossFire TV Professional League, securing rights to broadcast major gaming events. Additionally, Longzhu TV has exclusive broadcasting agreements with notable gaming figures, including the renowned player Faker, and top professional teams, enhancing its reputation in the gaming community. By offering interactive experiences for users, Longzhu TV connects audiences with diverse content and streamers, positioning itself as a unique platform in the entertainment landscape.

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 enables users to record and share video content of their gameplay. By utilizing a mobile gameplay software development kit, Kamcord facilitates interaction among users through video, allowing them to engage with and showcase 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 enables users to record and share video content of their gameplay. By utilizing a mobile gameplay software development kit, Kamcord facilitates interaction among users through video, allowing them to engage with and showcase their gaming experiences.
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