In the area of attracting female gamers, perhaps US gaming companies could learn from Tencent. According to recent data, the game King of Glory developed by Tencent has reached the highest percentage of female gamers in hardcore versus games. Based on data provided by internet consulting company Jiguang and supported by IDG，by last May of…
It is reported that according to some analysts, China, the first country that used paper banknote in the history, now with the surge in mobile payments, may become the first country that stops using cash. While two years ago, it was Denmark that was predicted to be the cashless country. So, will China be “the…
Let’s rewind back to the first 20 years of Internet development in China and talk about its business model. What everyone did back then was "Copy to China". We essentially brought successful business models from Europe and US to China. For example: Sohu copied Yahoo Tencent copied ICQ Baidu copied Google Taobao copied eBay Meituan…
Tencent's stock plunged more than 4 percent on the Hong Kong Stock Exchange after it rolled out tough restrictions on King of Glory, its popular online game, on Tuesday. It's estimated the Internet giant lost at least HK $100 billion in the market. Tencent's new rules limit players who are 12 years old or younger…
Li Zhifei has spent his professional career cross-pollinating the world’s two most vibrant innovation ecosystems. Born in central China at the dawn of reform and opening, Li graduated college in China and dove headfirst into the country’s dot com boom of the early 2000s. When that bubble burst, he headed to Johns Hopkins University for…
Tencent Games announced a pilot program for its King of Glory online game that would log out players younger than 12 after one hour of daily gameplay, the company said on July 2. In the most strict anti-addiction measure ever taken in Chinese gaming, King of Glory will count cumulative play time throughout the day,…
BEIJING — What worries you about the coming world of artificial intelligence? Too often the answer to this question resembles the plot of a sci-fi thriller. People worry that developments in A.I. will bring about the “singularity” — that point in history when A.I. surpasses human intelligence, leading to an unimaginable revolution in human affairs.…