Tencent is currently focused on corporate service businesses, which has already become the internet giant's third-largest field of investment.

Two Chinese internet giants have joined forces to support independent musicians and to face Tencent, the superpower in online music streaming.

For Tim Leung, Tencent’s product and technology director, artificial intelligence is the standout technology set to disrupt finance.

Tencent invested the third time into a medical service platform - a hot sector for investors right now.

The social media giant has raised $250 million with eight other investors for its online medical services platform Tencent Trusted Doctor.

Beijing-based IngageApp has received its third investment from Tencent in two years, highlighting the latter's growing focus on Chinese corporate clients.

Tougher days are expected for the likes of NetEase Cloud Music and Baidu Music if Tencent moves forward with a 10% stake purchase in Universal Music Group.

With its online ticketing business Maoyan Entertainment looking to raise $345 million from its IPO, Tencent is set to go head-to-head against Alibaba on the Hong Kong stock exchange.

Mafengwo is ready to challenge traditional players in the travel industry. A hook up with Tencent will give it the funds to provide more customised services.

On the back of Pinduoduo's successful IPO, another Tencent-backed fresh produce site called Meiri Yitao has raised significant Series B funding.