5 Most Valuable Platform Companies in the World

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In this article, we discuss the 5 most valuable platform companies. If you want to read our detailed analysis of these companies, go directly to 15 Most Valuable Platform Companies in the World.

5. Tencent Holdings Limited (HKSE:0700.HK)

Tencent (HKG: 0700), founded in 1998, globally markets various online services including entertainment, finance, and advertisement. Increasingly becoming an important player as an internet-services provider, Tencent (HKG: 0700) is the world’s largest e-sports vendor, with the highest gaming revenue of nearly $20 million in 2018, while also taking the lead as one of the largest global social media corporations.

The company’s Platform and Content Group (PCG) is responsible for integrating QQ, Tencent’s (HKG: 0700) multi-faceted app, with traffic platforms such as the Tencent App Store and content platforms encompassing sports, news, and entertainment. PCG promotes cross-platform development of the internet protocol, creating connections between content producers and its users. QQ, created as just an instant messaging app, now includes music streaming, online gaming, dating services, and a Facebook-like social networking site called Qzone. The application is extremely popular, holding the Guinness World Record for the highest number of simultaneous online users, a feat it achieved in 2014. As of 2021, it has nearly 650 million monthly active users.

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