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Tencent Holdings Ltd is a multinational conglomerate holding company founded in 1998, whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.  Tencent has been credited as one of the world's most innovative companies by numerous media and firms. As of 2018, Tencent has the 5th highest global brand value.

Tencent Media Lab

Tencent Media Lab is committed to research and development of emerging multimedia technologies that can be used for both existing and envisaged applications. Some of the Lab’s notable work focuses on advanced compression of audio, video and volumetric media content, media network transmission and real-time communication, processing, analysis, understanding and quality assessment of multimedia content based on signal processing and deep learning, and system design of end-to-end solutions for immersive media (XR, volumetric, and holographic). In addition, the Lab contributes to the development of international technology standards (e.g., MPEG, 3GPP, IETF, and ITU) in fields such as multimedia data compression, network transmission protocols, multimedia systems, and open-source platforms.

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