On May 17, 2019, LinkSure Literature announced the acquisition of the mobile comic app Manman. The company is positioning itself to develop new comic IPs based on popular online literature from its reading platform.
On May 15th, Alibaba Group announced their financial results for the quarter and fiscal year that ended in March 31, 2019. Their announcement coincided with that of Tencent, who also launched the financial results for the first quarter 2019.
PlayerUnknown’s Battlegrounds, a massively popular Chinese mobile game developed by Tencent, was pulled from all app stores on May 9, and promptly replaced by a very similar, yet China-approved, ‘Game for Peace’.
Tencent CEO Pony Ma has stipulated the Chinese tech giant’s new mission statement and vision statement through WeChat yesterday in four words: tech for social good.
Nintendo announced a new deal with Tencent on April 26. The agreement will allow the Nintendo Switch, to finally break into mainland China, the world’s largest game market.
On April 22, Fortune released its chart of 2019 world greatest leaders. Pony Ma, CEO of Tencent, runs the fourth on the list. Bill and Melinda Gates, the cofounders of Gates Foundation are listed as the first.
Elon Musk commended Tencent Keen Security Lab on their work of finding flaws in Tesla’s driver assistance system. The lab found a way to trick a Tesla Model S into entering the lane of oncoming traffic by simply placing stickers on the road.
Chinese Internet giant Tencent will utilize technologies such as 5G and AI to develop the Industrial Internet, as to transform and upgrade industries to be more digital and smart, according to its CEO Pony Ma in IT Summit 2019 in Shenzhen.
On Mar. 21, Razer, the leading global lifestyle brand for gamers, announced a collaboration with Tencent Holdings Limited, the tech giant in China and global publisher of PUBG Mobile and Arena of Valor, to bring the mobile gaming experience to the next level.
The competition is heating up between Chinese tech giants Tencent, owner of WeChat, and the world’s most valuable startup ByteDance, the company behind TikTok.
In episode 38 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma dive into this year’s Battle of the Red Packets. The name refers to the custom of money-giving, which is an important part of the Chinese New Year experience.
As if making a marriage announcement on Feb. 14, Alibaba Group announced that it will be deepening its cooperation with the popular Chinese video platform Bilibili.
American news feed website Reddit received $300 million in total in a new round of financing. Chinese tech giant Tencent is the lead investor, contributing half of the total financing.