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Tencent Holdings Limited
Tencent
Tencent
Holdings Limited (Chinese: 腾讯控股有限公司; pinyin: Téngxùn Kònggǔ Yǒuxiàn Gōngsī; SEHK: 700) is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, AI and technology both in China
China
and globally.[3] Its twin-skyscrapers headquarters Tencent
Tencent
Seafront Towers (also known as Tencent
Tencent
Binhai Mansion) are based in Nanshan District, Shenzhen.[4] Tencent
Tencent
is the world's biggest investment corporation, one of the largest Internet
Internet
and technology companies, as well as the largest and most valuable gaming ( Tencent
Tencent
Games) and social media company in the world
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List Of Business Entities
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability company and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province
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Traditional Chinese Characters
Traditional Chinese characters
Chinese characters
(traditional Chinese: 正體字/繁體字; simplified Chinese: 正体字/繁体字; Pinyin: Zhèngtǐzì/Fántǐzì) are Chinese characters
Chinese characters
in any character set that does not contain newly created characters or character substitutions performed after 1946. They are most commonly the characters in the standardized character sets of Taiwan, of Hong Kong and Macau
Macau
or in the Kangxi Dictionary
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Payment System
A payment system is any system used to settle financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards, and technologies that make such an exchange possible.[1][2] A common type of payment system is the operational network that links bank accounts and provides for monetary exchange using bank deposits.[3] What makes a payment system a system is the use of cash-substitutes; traditional payment systems are negotiable instruments such as drafts (e.g., checks) and documentary credits such as letters of credit. With the advent of computers and electronic communications a large number of alternative electronic payment systems have emerged. These include debit cards, credit cards, electronic funds transfers, direct credits, direct debits, internet banking, and e-commerce payment systems. Some payment systems include credit mechanisms, but that is essentially a different aspect of payment
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Filmmaking
Filmmaking
Filmmaking
(or, in an academic context, film production) is the process of making a film, generally in the sense of films intended for extensive theatrical exhibition. Filmmaking
Filmmaking
involves a number of discrete stages including an initial story, idea, or commission, through screenwriting, casting, shooting, sound recording and reproduction, editing and screening the finished product before an audience that may result in a film release and exhibition. Filmmaking takes place in many places around the world in a range of economic, social, and political contexts, and using a variety of technologies and cinematic techniques
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Multiplayer Online Game
A multiplayer video game is a video game in which more than one person can play in the same game environment at the same time. Video games are often single-player activities, putting the player against preprogrammed challenges or AI-controlled opponents (which lack the flexibility of human thought). Multiplayer games allow players interaction with other individuals in partnership, competition or rivalry, providing them with social communication absent from single-player games. In multiplayer games, players may compete against two (or more) human contestants, work cooperatively with a human partner to achieve a common goal, supervise other players' activity, co-op, and objective-based modes assaulting (or defending) a control point
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Online Service Provider
An online service provider can, for example, be an Internet service provider, an email provider, a news provider (press), an entertainment provider (music, movies), a search engine, an e-commerce site, an online banking site, a health site, an official government site, social media, a wiki, or a Usenet newsgroup.[clarification needed] In its original more limited definition, it referred only to a commercial computer communication service in which paid members could dial via a computer modem the service's private computer network and access various services and information resources such a bulletin boards, downloadable files and programs, news articles, chat rooms, and electronic mail services. The term "online service" was also used in references to these dial-up services
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Renminbi
The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin:  rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency
Chinese currency
generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit.[4] One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.[5] Until 2005, the value of the renminbi was pegged to the US dollar
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Earnings Before Interest And Taxes
In accounting and finance, earnings before interest and taxes (EBIT), is a measure of a firm's profit that includes all expenses except interest and income tax expenses.[1] It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, operating income is sometimes used as a synonym for EBIT and operating profit.[2]EBIT = revenue – operating expenses (OPEX)Operating income = revenue – operating expenses[1] A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization (EBITDA) and EBIT), and then determines the optimal use of debt vs. equity. To calculate EBIT, expenses (e.g
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Net Income
In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.[1] It is computed as the residual of all revenues and gains over all expenses and losses for the period,[2] and has also been defined as the net increase in shareholders' equity that results from a company's operations.[3] In the context of the presentation of financial statements, the IFRS Foundation
IFRS Foundation
defines net income as synonymous with profit and loss.[1] Net income
Net income
is the same as net profit but a distinct accounting concept from profit
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Asset
In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).[1] The balance sheet of a firm records the monetary[2] value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.[1] One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets.[3] Current assets include inventory, while fixed assets include such items as buildings and equipment.[4] Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace
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Equity (finance)
In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned. It is governed by the following equation: Equity = Assets − Liabilities displaystyle text Equity = text Assets - text Liabilities For example, if someone owns a car worth $15,000 (an asset), but owes $5,000 on a loan against that car (a liability), the car represents $10,000 of equity. Equity can be negative if liabilities exceed assets. Shareholders' equity (or stockholders' equity, shareholders' funds, shareholders' capital or similar terms) represents the equity of a company as divided among shareholders of common or preferred stock. Negative shareholders' equity is often referred to as a shareholders' deficit. Alternatively, equity can also refer to the capital stock of a corporation. The value of the stock depends on the corporation's future economic prospects
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Simplified Chinese Characters
Simplified Chinese characters
Chinese characters
(简化字; jiǎnhuàzì)[1] are standardized Chinese characters
Chinese characters
prescribed in the Table of General Standard Chinese
Standard Chinese
Characters for use in mainland China. Along with traditional Chinese characters, they are one of the two standard character sets of the contemporary Chinese written language. The government of the People's Republic of China
People's Republic of China
in mainland China has promoted them for use in printing since the 1950s and 1960s to encourage literacy.[2] They are officially used in the People's Republic of China
Republic of China
and Singapore. Traditional Chinese
Traditional Chinese
characters are currently used in Hong Kong, Macau, and the Republic of China
Republic of China
(Taiwan)
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Standard Chinese
Standard Chinese, also known as Modern Standard Mandarin, Standard Mandarin, or simply Mandarin, is a standard variety of Chinese that is the sole official language of both China
China
and Taiwan
Taiwan
(de facto), and also one of the four official languages of Singapore. Its pronunciation is based on the Beijing
Beijing
dialect, its vocabulary on the Mandarin dialects, and its grammar is based on written vernacular Chinese. Like other varieties of Chinese, Standard Chinese
Standard Chinese
is a tonal language with topic-prominent organization and subject–verb–object word order. It has more initial consonants but fewer vowels, final consonants and tones than southern varieties
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Artificial Intelligence
Artificial intelligence
Artificial intelligence
(AI, also machine intelligence, MI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals
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Hanyu Pinyin
Hanyu Pinyin
Hanyu Pinyin
Romanization
Romanization
(simplified Chinese: 汉语拼音; traditional Chinese: 漢語拼音), often abbreviated to pinyin, is the official romanization system for Standard Chinese
Standard Chinese
in mainland China
China
and to some extent in Taiwan. It is often used to teach Standard Mandarin Chinese, which is normally written using Chinese characters. The system includes four diacritics denoting tones. Pinyin
Pinyin
without tone marks is used to spell Chinese names and words in languages written with the Latin alphabet, and also in certain computer input methods to enter Chinese characters. The pinyin system was developed in the 1950s by many linguists, including Zhou Youguang,[1] based on earlier form romanizations of Chinese
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