Conglomerate (company) and Tencent

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Difference between Conglomerate (company) and Tencent

Conglomerate (company) vs. Tencent

A conglomerate is the combination of two or more corporations operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

AOL

AOL (formerly a company known as AOL Inc., originally known as America Online, and stylized as Aol.) is a web portal and online service provider based in New York.

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Associate company

An associate company (or associate) in accounting and business valuation is a company in which another company owns a significant portion of voting shares, usually 20–50%.

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BYD Auto

BYD Auto Co., Ltd. is a Chinese automobile manufacturer based in Xi'an, Shaanxi Province, and a wholly owned subsidiary of BYD Company.

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China

China, officially the People's Republic of China (PRC), is a unitary one-party sovereign state in East Asia and the world's most populous country, with a population of around /1e9 round 3 billion.

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Consumer electronics

Consumer electronics or home electronics are electronic (analog or digital) equipments intended for everyday use, typically in private homes.

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Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises.

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Google

Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware.

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Holding company

A holding company is a company that owns other companies' outstanding stock.

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Internet

The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide.

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Ping An Insurance

Ping An Insurance known also as Ping An of China, full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries mainly deal with insurance, banking, and financial services.

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Public company

A public company, publicly traded company, publicly held company, publicly listed company, or public corporation is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets.

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Sony

is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo.

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Subsidiary

A subsidiary, subsidiary company or daughter company"daughter company.

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TCL Corporation

TCL Corporation (originally an abbreviation for Telephone Communication Limited) is a Chinese multinational electronics company headquartered in Huizhou, Guangdong Province.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Wanda Group

Wanda Group, or Dalian Wanda, is a Chinese multinational conglomerate based in Beijing.

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Warner Music Group

Warner Music Group (WMG, also referred to as Warner Music or WEA International) is an American multinational entertainment and record label conglomerate headquartered in New York City.

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