On December 19, Irish boyband Westlife livestreamed their first-ever online concert on Chinese social app WeChat's short video and livestreaming platform, WeChat Channels.
Tencent Music Entertainment Group (TME), the online music subsidiary of Chinese internet giant Tencent, announced on Friday that it would officially launch TMELAND, the first Chinese virtual music festival.
Chinese internet giant Tencent on Thursday announced that it will distribute about 460 million shares of China's largest retailer JD.com to shareholders in the form of interim dividends.
Tencent recently increased its claim amount for the "Soul Land" copyright dispute with ByteDance's Douyin from 61.6 million yuan ($9.7 million) to 800 million yuan.
In December, people's social media was flooded with two explosive pieces of news: the massive layoffs within China’s Big Tech and the improvement of employees’ welfare.
Recently, Tencent issued a notice to official account developers, requesting them to look into an issue whereby consumers are required to follow official WeChat accounts in order to order food by scanning a QR code.
According to a survey report from mobile app data analysis firm Sensor Tower, as of December 16, eight mobile games worldwide have generated more than $1 billion globally from the app store and Google Play so far in 2021.
Yang Dazhi, the former general manager of Tencent Kandian, has transferred to Tencent's Cloud and Smart Industry Group (CSIG) as the Deputy General Manager of Hong Kong, Macao, Taiwan and the International Business Department.
On Friday, QQ Music's iOS version began to allow upgrades to version 11.0.5 through the app store. The development follows China's MIIT's introductions of new restrictions on Tencent in November this year.
Tencent's game "QQ Tang" announced on Thursday that it will cease operations in the Chinese mainland on April 20, 2022 due to a shift in strategic planning with its project team.
Shen Dou, Executive Vice President of Chinese internet technology firm Baidu, said the firm fully supports interconnection and is open to its partners in infrastructure, technical capability and service ecology.
At the 2021 China Game Industry Annual Meeting today, Tencent revealed for the first time its counter-measures and changes after the government's recent policy regarding the prevention of minors from indulging in online games.
Recently, news emerged that an employee of Tencent in Shenzhen died unexpectedly. Tencent confirmed on Tuesday that Mao Xingyun, an employee of TiMi F1 Studio, passed away unexpectedly on December 11th.
In last week’s China VC news, local coffee brand Nowwa Coffee bags $31.51 million in its Series B and B+ Rounds, supermarket chain T11 rakes in $100 million in its latest financing round led by Alibaba and more.
Tencent is negotiating a new deal that would boost its stakes in Supercell, a Finnish smartphone game developer, at a valuation of roughly $11 billion.
The development of eSports in China makes a case of the ways the government, corporate enterprises, critical public and the eSports community interact, compete and cooperate with each other to facilitate the rise of an industry plagued by public controversy.
