Home > World > Tencent Tops Messaging Apps List in China; Tencent Pictures Collaborates with Lionsgate for 'La La Land' Chinese Release
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Tencent Tops Messaging Apps List in China; Tencent Pictures Collaborates with Lionsgate for 'La La Land' Chinese Release

By January 25, 2017 at 10:06 am
Ma Huateng (Photo : VCG/Getty Images)

Amid all the controversies that spearheaded Tencent Holdings Ltd.'s year, the Chinese app giant is back in the game. Its messaging apps are still top in the list of China's most used mobile apps in 2016. The company's film branch is also up for some Hollywood collaboration.

Tencent Dominates Chinese App Universe

According to Bloomberg, Tencent-owned messaging service WeChat is still the most used app in China last year. Almost 80 percent of the Chinese people have been using the network for communication, statistics reveal. Another Tencent messaging app, QQ, was second in the list. Alibaba's Taobao followed behind.

Tencent's Beginnings

The company's official website details how Tencent started back in 1998. In 1999, QQ was launched, followed by the web portal of the messaging service in 2003. The next year, Tencent was listed on the Hong Kong Stock Exchange's main board. Qzone was then unleashed in 2005, and the biggest year in the company followed in 2007, with the opening of the Tencent Foundation.

By 2010, QQ's PCU already surpassed 100 million and in 2013, Tencent's market capitalization was reported to have reached $100 billion. Since then, the company has soared various heights amid some falls and a number controversies.

Tencent Opens Doors to Hollywood

Meanwhile, The Hollywood Reporter says Tencent Pictures has decided to collaborate with Lionsgate for the release of "La La Land" in the country. Tencent is expected to help boost the interest of Chinese moviegoers in the Ryan Gosling and Emma Stone starrer.

This is not the first time Tencent teamed up with a filmmaker. Last year, the Chinese app giant partnered with Legendary Entertainment to help with the launch of "Warcraft." The movie is considered as the second largest film that was rolled out in China from the U.S. With "La La Land," it is expected that Tencent will once again utilize its immensely popular apps and platforms for promotion purposes.

Check out other platforms and apps under Tencent Holdings Ltd. below:

QQ

WeChat

Qzone

Tenpay

WeChat Pay

QQ Wallet

Tencent/QQ Games

Tencent Comics

QQ Music

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