WeTV, also known as Tencent Video, is a privately owned company headquartered in Taiwan, operating as a subsidiary of Tencent Holdings. Founded in 2018 with approximately 60 employees, the company reported $25.9M in revenue as of 2023, and functions as a tier 2 media tech buyer. The company operates as an international video streaming platform, serving as the primary distribution channel for Tencent's Asian content library outside of mainland China. It specializes in offering Chinese dramas, variety shows, movies, and anime, while also integrating content from other Asian countries including Thailand, South Korea, and Indonesia, often producing its own local WeTV Originals in these markets. The platform operates on a hybrid business model, providing a content library free with advertisements alongside a premium WeTV VIP subscription that offers ad-free viewing, 1080P high-definition quality, and early access to episodes.
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