Chinese super pop star Jay Chou’s new song managed to crash the servers of Chinese streaming platform QQ Music due to the heavy traffic it accumulated, a feat that had never occurred before.
Chinese tech giant Tencent is incubating a financial credit product named Fenfu, which functions similarly to a credit card, and is expected to become available through the company’s instant messaging app WeChat.
On September 11, according to WeChat Global, WeChat Pay and LINE Pay announced that they would further deepen their cooperation in the field of mobile payments and begin integrating WeChat Pay with LINE Pay’s merchants in Japan.
Chinese tech giant Tencent and short video platform Kuaishou are negotiating about how the two are going to collaborate.
On August 27, Annie Chen, founder and CEO of Kuaikan, a comic art platform in China, announced in an internal letter that the company has received an investment of $125 million from Tencent Holdings.
Chinese multi-purpose messaging app WeChat introduced a new payment device on August 27 named the “Frog Pro” at the Chongqing Smart China Expo in an effort to upgrade its offline payments.
Tencent unveiled a voice-operated version of its messaging app WeChat for use in vehicles in partnership with Chinese car maker Chang’an Automobile.
The Chinese internet value added services provider Tencent announced its unaudited consolidated results for the second quarter and first half year of 2019 ended June 30, 2019.
PUBG Mobile continues to reign as the king of mobile games based on monthly revenue, according to market research firm Sensor Tower.
The tech industry is used to clashes between corporate rivals. Major conflicts between corporate titans usually result in the emergence of a victorious monopoly like Google, or Facebook.
Due to the large number of mobile users and short video’s virus spread on social media, short video industry is seeing booming growth in China.
In yet another example of machine learning algorithms besting highly skilled players, an artificial intelligence system devised by Tencent’s AI lab named Wukong AI defeated a human team in a five-on-five Honor of Kings match on Aug. 1.
Chinese tech giant Tencent is planning to invest between $1 billion and $1.5 billion in short-video application Kuaishou, known outside of China as Kwai, which has a current valuation of around $25 billion.
Qualcomm and Tencent Games announced on July 29 that they will cooperate on projects that could include optimizing the Chinese tech giant’s video games for devices with Qualcomm’s Snapdragon Elite gaming chips, and creating a 5G version of a Tencent-backed gaming phone.
China’s tech giant Tencent renewed its partnership with the National Basketball Association (NBA) to provide Chinese basketball fans with services such as live-streams, on-demand videos and short videos until 2025.