In a recent announcement, Tencent Holdings Ltd had surpassed the USD100 billion mark, just ten years after it was listed publicly. The continued growth to become Asia's biggest Internet company hinges in the Chinese market's surging demand in online gaming as well as messaging.

Shares of Tencent jumped 2.2% in Hong Kong this week, lifting its overall market value to HKD780.6 billion or USD101 billion. This places the company headed by billionaire Pony Ma is now part of that exclusive USD100 billion club of companies listed on the Hang Seng Index, such as PetroChina and China Mobile.

The revenues of the Shenzhen based firm had doubled in the past two years because of the online population of China had grown seven times since Tencent's IPO back in 2004. In 2016, the online gaming sales are expected to reach CNY130 billion or USD21.2 billion when 2016 comes around. This is a 100% increase from last years CNY66.2 billion. The numbers were confirmed by IResearch.