Lei Jun’s Internal Letter: Youpin to be Independent as E-Commerce
Xiaomi's CEO Lei Jun announced that Youpin, once belonging to Xiaomi Internet of Things (MIoT) team, will become an independent e-commerce department in an inte...
Tag: #Tencent
Showing 12 of 381 posts with this tag
Tencent Just Angered the Public for Unjust Investment
Tencent recently received furious criticism by netizens after investing 30 million yuan in Chaping, an infamous media company due to its plagiarism history. ...
Tencent Puts Huge Investment in YH Super Species, Strategic Challenge to Alibaba’s Hema
Alibaba is aggressively deploying its new retail business. Fresh Hema has established the entry barrier in terms of business model. JD.com and Meituan are both ...
"Copy to China" Companies that Just Aren't Fitting In Well
Let’s rewind back to the first 20 years of Internet development in China and talk about its business model. What everyone did back then was "Copy to China". We ...
Tencent & BMW Signed Strategic MoU to Promote Integration of Digital Platforms
Tencent Holding Ltd. and BMW Group inked a strategic Memorandum of Understanding (MoU) on Sept. 5 to deepen cooperation in the field of smart mobility. The aim ...
Sensor Tower: April Overseas Revenue of "Genshin Impact" Highest Among Chinese Mobile Games
"Genshin Impact" ranked first on April's revenue list for Chinese mobile games currently operating overseas, followed by "PUBG Mobile" and "State of Survival."
5/13/20222 min read
Tencent Invests in Optical Waveguide Chip Firm OptiArk Semiconductor
On August 8, OptiArk Semiconductor, a Shenzhen-based optical waveguide system provider, changed its registration with China's Industrial and Commercial Administration, adding as a new shareholder a venture capital company under Tencent.
8/10/20222 min read
'King of Glory' Moves to Fight Addiction, Limits U-12 Players to One Hour
Tencent Games announced a pilot program for its King of Glory online game that would log out players younger than 12 after one hour of daily gameplay, the compa...
7/5/20173 min read
Fortune Selected the 2019 Global Greatest Leaders, with Pony Ma Listed Fourth
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.
Ma Worth Another $2.3B, Beating Google's Sergey Brin
The Forbes World's Billionaires Real-Time Ranking shows that Pony Ma, the chairman and CEO of Tencent, gained another $2.3 billion, Pony's personal net wealth i...
Tencent-Backed Social Networking App Soulgate Inc. Halts US IPO Process
Soulgate Inc., the operator of social networking app Soul, has decided to withdraw its F-1 registration declaration document and no longer issue securities, according to documents it filed on Thursday with the United States SEC.
Pinduoduo Plans to Raise a Maximum of $1.87 Billion in U.S. IPO
China’s new e-commerce platform, Pinduoduo, plans to raise a maximum of $1.87 billion through its listing on the NASDAQ Global Select section, according to its ...