PRESENTATION BY:

WEI ZHU

PRODUCTS

FINANCIAL OVERVIEW

2012 2011 2010

Revenue $ 6.98 B $ 4.52 B $ 2.96 B

Gross Profit $ 4.08 B $ 2.94 B $ 2.01 B

Net Income $ 2.46 B $ 1.94 B $ 1.22 B

’S HISTORY

Year Event

1998 Founded by Huateng Ma and Zhidong Zhang

1999 Launched instant messaging software OICQ

2001 Renamed OICQ to QQ. Reached 50 M users

2003 Launched QQ Game, Tencent TM

2004 IPO in Hongkong. QQ Game reached 1M users

2008 Reached 430 M users

2009 Over 400 patents

2013 100 B Market capitalization

ALWAYS

LEARNING

’S PORTFOLIO

Tencent Product

Learned From

Tencent Product

Learned From

OICQ / QQ ICQ Qzone Myspace

Tencent TM MSN Taotao.com Twitter

WeChat Kik, WhatsApp

Soso.com Google Search

QQ Game OurGame, Steam

Paipai.com Taobao, Ebay

QQLive PPLive Tenpay Paypal

QQ Music ITunes Gaopeng.com

Groupon.com

… … … …

SHAMELESS is the Key to Success

NUMBER MATTERS

USER MATTERS

THE HOT

Tencent’s Market Cap reaches $100B

WeChat going global

Competition Continues …

ENEMY OF THE STATE