Tencent's WeChat Channels Accelerates Commercialization
Tencent is currently increasing its investment in WeChat Channels, a video content creation platform.
Tag: #Tencent
Showing 12 of 381 posts with this tag
Tencent Leads VIPKID Series E Financing
Chinese online education giant VIPKID has secured commitment from Tencent to lead the company’s latest round of financing.
10/8/20192 min read
Chinese Digital Audio Platform Ximalaya Applies for Listing in Hong Kong after Retracting US IPO
Ximalaya has submitted an application for listing to the HKEx on Monday after dropping plans to list publicly in the United States. The firm's co-sponsors were Goldman Sachs, Morgan Stanley and CICC.
9/14/20212 min read
Tencent's TiMi Studio Group Establishes New Studio in Montreal to Develop AAA Open World Games
TiMi Studio Group, a subsidiary of Tencent Games, announced on Tuesday that it has established a new AAA game studio TiMi Montréal in Montreal, Canada.
7/20/20212 min read
New WeChat Update Sparks Privacy Concerns — But What Can We Do?
On Dec. 22nd, WeChat launched its IOS 7.0 version on Apple App Store. WeChat is like Facebook, What'sApp, Apple Pay and Uber all in one.
Merger of Huya and Douyu Stopped
On Monday, China's antitrust regulator blocked Internet giant Tencent's plan to merge Huya and Douyu, two major domestic video gaming platforms.
Toutiao Fights Back by Suing Tencent for 90 million
Last week, Tencent filed a lawsuit against Toutiao asking for a token compensation of 1 yuan, or 15 cents USD. A week later on June 1st, Toutiao filed a lawsuit...
MissFresh Partners with Tencent to Accelerate Digitalization for Grocery and FMCG Retailers
MissFresh has recently partnered with Tencent to bolster its Retail Cloud services and ensure that its retail partners would be able to jumpstart their online business and operate more efficiently.
7/27/20213 min read
Douyu Reports Q1 Revenue of 1.04 Billion RMB, a Year-on-Year Decrease of 29.9%
The number of mobile monthly active users decreased from 50.2 million in the same period last year to 45.3 million, and the average number of paying users also decreased from 4.5 million to 3.4 million.
Tencent Reportedly Gives Up Acquisition of Black Shark
News of Tencent's acquisition of Black Shark circulated in the market in January of this year, but the acquisition wasn't approved by relevant government departments, so Tencent has reportedly given it up.
5/12/20222 min read
Tencent's PUBG Mobile Returns to the Top of Overseas Revenue Growth Chart
On April 13th, "PUBG Mobile" by Tencent regained its position at the top of the chart for overseas revenue growth.
Personal Payment Reception QR Codes in China Banned for Business Use
People’s Bank of China (PBoC) previously issued a notice, stipulating that personal payment reception QR codes cannot not be used for business, but can still be used normally for non-business scenarios.