Abstract
Tenpay is the exclusive online payments provider of Tencent, one of the
largest and most powerful internet companies in China today. Tencent' s service
reach includes instant messaging, gaming, blogs, and various wireless
value-added services branded under the "QQ" name; also included in the Group' s
umbrella of companies is an online peer-to-peer marketplace called Paipai.
Tenpay, in turn, provides an online payment platform for all of these services
covering over 26 million users, easily ranking them among the top of the list
among third-party payment companies in China.
Key Findings:
- Tenpay is an integral part of Tencent and its main purpose is to
facilitate online payments for the Tencent Group.
- As a stand-alone company, Tenpay has yet to prove it has a viable business
model, as revenues and profitability are being sacrificed for the success of
Tencent and its subsidiaries.
- Tenpay has a fast-growing registered user base currently standing at 26
million, and has direct and exclusive access to serve the payment needs of
Tencent' s 300 million active users.
Companies Profiled:
- China UnionPay
- Union Mobile Pay
- Alipay
- Smartpay
- YeePay
- IPS
- ChinaPay
- 99Bill
- Tenpay
- PayEase
- and more.....
View Cart
