Tencent Archives - Page 3 of 49

NIO and Tencent to Cooperate on Intelligent Driving

Chinese electric vehicle firm NIO and internet giant Tencent signed a strategic cooperation agreement in Shenzhen on November 28. Under the deal, the two sides will carry out in-depth cooperation in the fields of autonomous driving cloud technology, intelligent driving maps and digital ecology.

Tencent and Blizzard Have Weighed Game License Deal for Over a Year

On November 17, Activision Blizzard suddenly announced that its existing agreement with NetEase will expire on January 23, 2023. Multiple Chinese game developers who are negotiating agency rights with Blizzard Entertainment include Tencent, ByteDance's Nuverse, Perfect World and others.

China Resumes New Game Approvals After One-Month Suspension

China's National Press and Publication Administration announced on November 17 an approval list for new online games this month, showing a total of 70 authorized titles. Tencent, which has not obtained approvals since September, attracted wide attention.

Tencent Says Joint Venture With China Unicom Important to Set Up

On November 16, at its third quarter performance meeting, a senior executive of Chinese Internet giant Tencent responded to questions related to the establishment of a joint venture with China Unicom, a Chinese state-owned telecommunications operator.

Game Developer miHoYo Denies Rumors of Licensing Deal with Activision Blizzard

Blizzard Entertainment, a leading game developer and publisher based in California, announced that it will not renew its licensing deal with Chinese game developer Netease. Chinese game company miHoYo was rumored to take over the deal.

Tencent WiFi Manager to Halt Operations on Dec 1

Tencent launched a public hotspot sharing software several years ago called Tencent WiFi Manager, allowing users to quickly connect to public wireless networks without a password. On November 5, the firm's software team announced that it will officially stop services from 0:00 on December 1.

Facing Pressure in China, Tencent Chooses to Increase Overseas Game Business

Faced with the huge uncertainty of the Chinese game industry, the Internet giant Tencent has recently canceled some of its non-core marginal businesses and laid off employees in China while accelerating its investment in the global game industry.

Tencent Sues OPPO Again for Unfair Competition

Chinese tech giant Tencent had added a new court notice. The firm is attempting to sue three companies, including OPPO, for unfair competition.

ByteDance’s Moonton Sues Tencent for Defamation, Compensated $30.8K

A defamation case brought about by Shanghai-based game developer Moonton Technology against Tencent has recently reached a conclusion. Tencent was ordered to compensate Moonton for losses and expenses totaling 220,000 yuan ($30,800).

Halted Acquisition by Tencent May Underpin Layoffs at Gaming Phone Firm Black Shark

Black Shark, a Chinese gaming smartphone brand, has recently been significantly shrinking its number of employees, with layoffs involving various departments and reaching a rate of nearly 50%.

Dissecting Tencent’s Operations in the Automotive Field

Tencent Intelligent Mobility has built a rich auto service ecology with more than 40 car companies such as Mercedes-Benz, BMW and Audi, with more than 150 models. Its auto business is actually progressing quite well.

Trip.com and Tencent Reach Cooperation on Car Rental Services

On September 28, the car rental business unit of China's leading travel booking platform, Trip.com, and Tencent's travel services platform reached a new cooperation agreement, providing one-stop online car rentals and bookings for users of Tencent's travel services in China.