Tag: Tencent
China urges Alibaba, Tencent to unblock each other’s platforms; Report
China's industry ministry has mandated the technology companies in the country including Alibaba Group and Tencent Holdings to stop blocking each other's website links...
China’s Tencent to buy British video games firm Sumo for 1.27bn
Chinese tech giant Tencent will acquire British videogame developer Sumo in a $1.27 billion worth deal, further expanding the tech company’s presence in the...
Tencent joins growing list of Chinese tech giants planning steep increase...
The Chinese technology conglomerate Tencent Holdings has pledged to sharply increase investments this year, after posting a 25 percent gain in quarterly revenue, aiming...
Sparing no one: Chinese regulator fines Alibaba, Tencent-backed edtech apps
China is expanding its far-reaching tech campaign into online education, issuing the maximum penalties to two of the country’s fastest-growing tutoring apps for violating...
China discreetly threatens Alipay, WeChat Pay with digital yuan
In Shanghai, the commercial hub of China, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying...
PUBG Mobile got 1 billion warriors since 2018
Chinese multinational technology conglomerate Tencent’s action game PlayerUnknown's Battlegrounds (PUBG) Mobile has exceeded 1 billion accumulated downloads outside China, titling it as one of...
Chinese regulators gripping internet sector scrutiny; Summoned 11 firms on ‘deepfake’...
The Chinese regulators have summoned 11 technology companies including Alibaba and Tencent for talks regarding the security of voice software on their content platforms,...
China mounts pressure on Ant and Tencent with new draft regulations
The powerplay between Chinese authorities and the country's two major digital payment platforms, Tencent’s WeChat Pay and Ant Group’s Alipay is set to further...