BusinessWeek Logo
No. 9

No. 9

Tencent Holdings

Country: China
Revenue (Millions): 1,041
Revenue Growth: 87%
Return on Equity: 40%
Shareholder Return: 34%

Shenzhen-based Tencent is China's biggest Internet-chatting company. With more than 400 million Chinese youth using its QQ instant-messaging service (QQ is the name of Tencent's mascot, a cuddly penguin), it also has expanded into online games. Those moves have helped drive its Hong Kong-listed stock up 22% over the last year. In the first quarter of 2009, its net income beat analyst expectations, growing 95% to $152 million.