BEIJING (Reuters) – Chinese giant Tencent Holdings said it will step up its investment overseas and in industries such as “smart retail”, having already invested in more than 800 companies.

Those firms include 70 listed companies and over 160 are at more than $1 billion, according a made by Tencent President Martin Lau at a conference last week which the company posted on its media account on Monday.

Tencent is known to have stakes in firms such as food delivery giant Meituan Dianping, e-commerce site Pinduoduo and video game companies such as Riot Games and Supercell.

But the company, worth $490 billion and the second-biggest company in by market value after arch-rival Alibaba Group Holdings, gives an overview or discloses details of its investment activities.

“Previously our traditional investment sectors were mostly focused on video games and frontiers of science and technology,” Lau told a gathering of more than 500 Tencent-backed companies.

“However, with the of Tencent’s WeChat mini-app ecosystem and payment platform, we will pay more attention to smart retail and payment platforms in future,” he said.

(Reporting by Pei Li and Brenda Goh; Editing by Edwina Gibbs)