Tencent

Platform Industry News: Amazon

Amazon’s video game unit cancels Lord of the Rings game

Amazon.com Inc’s video game division has cancelled an online role-playing game based on the fantasy series Lord of the Rings, which was announced in 2019, an Amazon spokeswom...

Tencent Holdings

Tencent Holdings raises $4.2 billion in its second major bond deal in a year

Tencent has raised over $4 billion today in its second major bond deal in less than a year as global investors were enticed by its attractive pricing and overlooked a regulatory cr...

Platform Industry: Tencent logo at an event

Tencent boss meets China antitrust officials as scrutiny widens

Pony Ma, the founder of Tencent Holdings met with antitrust watchdog officials this month to discuss compliance at his group, three people with direct knowledge of the matter told ...

Platform Industry: ByteDance China company building

ByteDance says it will acquire Mooton Technology

China’s ByteDance has said its video games unit Nuverse has agreed to acquire Shanghai-based Mooton Technology, as it seeks to further expand into the video games sector.

Platform News: Tencent conference and exhibition in China

Tencent hit with fresh anti-monopoly complaint in China

Tencent has become the target of another anti-monopoly complaint to regulators, this time from a supplier of smart vehicle technology and a General Motors Co China venture.

Platform Industry: China's Tencent

Douyin sues Tencent for monopolistic behaviour

ByteDance’s wildly popular short-video app Douyin has filed a complaint with a court in Beijing to sue Tencent for monopolistic behaviour and asked compensation, ByteDance ha...

Platform News: Ant Group and the FinTech sector in China

China to push its tech giants to share consumer credit data

China intends to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to prevent excess fraud and borrowing, two individuals with knowledge of the i...

Platform News: Delivery Services across the world

Gojek, Tokopedia in $18 billion merger talks for Indonesia’s biggest deal

Indonesian ride-hailing and payments company Gojek and e-commerce leader Tokopedia are in advanced talks to secure a $18 billion merger before a possible dual listing in Jakarta an...

Platform News: Tencent conference and exhibition in China

Tencent games reinstated on Huawei app store

Tencent’s online games were removed and then reinstated on Huawei’s app store in a rolling dispute over revenue sharing by the Chinese companies.

Platform Industry: Tencent logo at an event

China to crank up anti-trust heat on Big Tech after unprecedented fines

China’s unprecedented anti-trust squeeze onto its technology giants isn’t only just beginning.

Paytm

Ant considers Paytm stake sale amid tensions with India

Chinese fintech giant Ant Group is considering selling its 30% stake in Indian electronic payment chip Paytm amid tensions between the two Asian neighbours and a toughening competi...

iQIYI

Sources: Alibaba and Tencent put talks to buy iQIYI stake on hold

Alibaba Group Holding Ltd and Tencent Holdings Ltd have every held separate talks with Baidu Inc to obtain a controlling stake in movie streaming service iQIYI Inc, people with kno...

Platform Industry: Tencent logo at an event

Tencent’s Honor of Kings reports 100 million daily users

Honor of Kings, Tencent’s flagship video game, declared a record 100 million daily active users globally and said it was expanding into other genres and forming a tie-up with...

Tencent WeChat

Appeals court in the US rejects immediate WeChat ban

A US appeals court has rejected a Justice Department request it allow the authorities to immediately ban Apple and also Google from offering WeChat for downloading from US app stor...

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