Chinese social and gaming giant Tencent reported strong Q3 financial results on Thursday, generating a revenue of 125.5 billion yuan ($18.9 billion), up 29% year-on-year and ahead of analysts’ expectations.
Tencent Music Entertainment Group (TME) on Nov. 10 released its unaudited financial results for the third quarter ended Sep. 30, 2020.
The Shanghai Stock Exchange (SSE) and Hong Kong Stock Exchange (HKEX) both on Nov. 3 announced to halt the IPO process of Ant Group.
Tencent Games announced on Nov. 1 during a live-streamed celebration of the game’s 5th anniversary that its star mobile game Honor of Kings has obtained an average DAU of 100 million.
Executives and experts from China’s top Internet companies gathered in central China's Zhengzhou city in Henan Province to discuss the development of the global Internet ecosystem and how to push the industry further in the inland province of Henan.
Chinese esports production company Versus Programming Network (VSPN) announced today that it has raised close to $100M USD in a Series B funding round, led by Chinese conglomerate Tencent Holdings.
Tencent’s mobile game Honor of Kings generated over $240 million in total revenue in September, becoming the top revenue generator of worldwide mobile games, according to a report by Sensor Tower.
NYSE-listed video game livestreaming platform Huya Inc. announced on Oct. 12 to buy DouYu International Holdings Ltd., which is expected to delist from the Nasdaq, creating a $10 billion livestream mammoth.
Chinese internet giant Tencent Holdings Ltd. teamed up with research associations and launched an AI initiative to help the hearing impaired on Sunday.
A federal judge halted US President Trump's executive order banning all new downloads of the popular Chinese app WeChat on Sunday morning.
The English Premier League announced it had signed a one-year streaming deal for $10 million with Tencent Sports on Sept. 16. Tencent Sports will broadcast all the remaining 372 Premier League matches for the 2020/21 season.
On Sept. 15, Evergrande Automobile (HK.0708) announced that it had raised HK$4 billion in investment through the placement of new shares to support its new energy vehicle development.
Tencent on Sept. 4 announced to officially terminate the service and operation of its microblogging website Tencent Weibo at 11:59 pm on Sept. 28, Beijing local time.
Allan Zhang unveiled at the Tencent Global Esports Summit that one of the companies has signed partnership deals with four non-endemic brands.
If you ask me, one of the most curious happenings of recent months, is just how quickly “banning TikTok” went from a “fringe movement” to “quite acceptable”.