Tencent

Alibaba Office Building

US adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list

Online marketplaces operated by China’s Tencent Holdings and Alibaba Group were included on the US government’s latest “notorious markets” list of entities ...

Tencent Holdings

Tencent plans to take US-listed streaming firm DouYu private

Tencent Holdings Ltd plans to take DouYu International Holdings Ltd private amid disagreements over strategy among executives at the Chinese videogame streaming firm, two people wi...

Platform News: Tencent conference and exhibition in China

Tencent raises $3 billion by trimming stake in Shopee-owner Sea

Chinese gaming and social media company Tencent Holdings has raised $3 billion by selling 14.5 million shares at $208 each in Sea, which owns e-commerce firm Shopee, according to a...

Tencent Holdings

China’s Tencent builds stake in UK digital bank Monzo

Chinese gaming and social media company Tencent Holdings has taken a small stake in the UK’s Monzo as part of a fundraising, the digital bank has said, just weeks after it fe...

Platform Industry: Tencent logo at an event

Tencent hands shareholders $16.4 billion windfall in the form of JD.com stake

Chinese gaming and social media company Tencent will pay out a $16.4 billion dividend by distributing most of its JD.com stake, weakening its ties to the e-commerce firm and raisin...

Platform News: Didi

Beijing presses Didi to delist from US over data security fears

Chinese regulators have pressed top executives of ride hailing giant Didi to devise a plan to delist from the NYSE due to concerns about data security, two people with knowledge of...

Alibaba Office Building

China fines tech giants for failing to report 43 old deals

China’s market regulator said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as far back as 2012 to authorities, saying...

Platform News: Baidu search engine in China

Baidu warns of ad revenue slowdown after quarterly results beat

Baidu has beaten quarterly revenue and profit estimates on the strength of its cloud business, but warned that China’s regulatory crackdown and the pandemic would weigh on ad...

Platform Industry: Tencent logo at an event

Tencent asks Douyin to start showing some copyrighted content

ByteDance’s Douyin, the Chinese version of TikTok, said it had received a request from Tencent to allow short videos, based on Tencent’s copyrighted films and TV shows,...

Tencent Music

Tencent Music beats profit estimates as content push brings in listeners

Tencent Music Entertainment Group beat analysts’ estimates for third-quarter profit, as efforts to bolster content attracted more paying users to its Spotify-like music strea...

Tencent Holdings

Tencent’s $1.3 billion Sumo deal comes under US security probe

A US national security panel is investigating Tencent Holdings’ $1.27 billion takeover of Sumo Group, the UK videogame maker has said, in a possible setback to the Chinese in...

Tencent WeChat

Tencent says ‘loophole’ allowed WeChat searches on Google, Bing

WeChat has fixed a glitch that allowed some of its content to be searchable by external search engines, the owner of China’s most popular messaging app has said, raising ques...

Tencent WeChat

WeChat makes content searchable on Google and Bing

WeChat has made its content searchable on some foreign search engines such as Google and Bing, checks have showed, in the latest tearing down of “walled gardens” in Chi...

Tencent WeChat

Newspaper: China regulators should act further to free up apps’ access to rivals’ links

Chinese internet platforms have not gone far enough in unblocking external links, as instructed by authorities, and relevant government bodies should take further action to interve...

Chinese Flag

China to keep up scrutiny of internet sector – Xinhua

China will continue its scrutiny of the internet sector, rooting out practices including the blocking of site links by rival platforms and ensuring smaller players have room to dev...

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