Tencent, the Chinese Internet juggernaut was rumored to undergo a major overhaul of its businesses through which the company would be reorganized into six groups, local portal site Sohu reported citing sources.

The six groups include: TEG (Technical Engineering Group, consisted of Tencent Research and operating divisions), SNG (Social Networking Group, consisted by its Internet business lines and some divisions from Tencent Research), CDG (Corp. Development Group, formed by Tencent Guangdong R&D Center and its corporate development arm), IEG (Interactive Entertainment Group, original Interactive Entertainment service), MIG (Mobile Internet Group, consisted of wireless services and some divisions from Tencent Research), and OMG (Online Media Group, namely its portal business).

Local media once cited sources claiming that Tencent has categorized all its services and operations into four business lines which take care of everything ranging from corporate functions, services, security, architectures to operations whilst Line B, or the Line of operations will again be subcategorized into five arms include corporate development, wireless services, Internet services, interactive entertainment and online media.

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Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.