tencent

Tencent Holdings Limited is a Chinese multinational conglomerate holding company founded in 1998, whose subsidiaries specialise in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Source: tencent.com

Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest $200 Million In Airtel Africa’s Mobile Money Unit
Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest...
March 18, 2021  |  International

In today’s top payments news around the world, Pollinate has notched $50 million to bring its software business to North America and develop its platform...

READ MORE >
China’s Tencent To Host Alibaba’s Bargains App, Taobao Deals
China’s Tencent To Host Alibaba’s Bargains App, Taobao Deals
March 17, 2021  |  eCommerce

Alibaba Group — the biggest eCommerce platform in China — will host its bargains app, Taobao Deals, on Tencent’s WeChat platform, Bloomberg reported, citing sources....

READ MORE >
Big Tech Faces Global Regulatory Blowback
Big Tech Faces Global Regulatory Blowback
March 12, 2021  |  Regulation

Seismic shocks ahead for Big Tech loom — certainly in China, and almost certainly for firms here in the U.S. Bloomberg reported on Friday (March 12)...

READ MORE >
Douyin’s Anti-Competitive Lawsuit Against Tencent Moves Forward In Chinese Court
Douyin’s Anti-Competitive Lawsuit Against Tencent Moves Forward In Chinese Court
February 08, 2021  |  ANTITRUST

China’s Douyin, the Chinese version of TikTok, is suing fellow internet titan Tencent over allegedly monopolistic behavior. Get the Full Story Complete the form to...

READ MORE >
China Clarifies Big Tech Monopoly Rules
China Clarifies Big Tech Monopoly Rules
February 07, 2021  |  ANTITRUST

China’s State Administration for Market Regulation (SAMR) published new guidelines Sunday (Feb. 7) to strengthen anti-monopoly restrictions on Big Tech platforms, Reuters reported. Get the...

READ MORE >
ByteDance Lawsuit Alleges Tencent Violated China’s Antitrust Laws
ByteDance Lawsuit Alleges Tencent Violated China’s Antitrust Laws
February 02, 2021  |  ANTITRUST

ByteDance’s Douyin launched a lawsuit against Tencent Holdings alleging that its WeChat and QQ platforms are in violation of China’s antitrust laws, Bloomberg reported on...

READ MORE >
US Government Won’t Ban Investments In Alibaba, Tencent, Baidu
US Government Won’t Ban Investments In Alibaba, Tencent, Baidu
January 13, 2021  |  International

The U.S. government will allow Americans to keep investing in Chinese tech firms Alibaba, Tencent and Baidu after the economic impact of banning them was...

READ MORE >
China Tightens Scrutiny Of Consumer Lending By Tech Giants
China Tightens Scrutiny Of Consumer Lending By Tech Giants
January 11, 2021  |  Bank Regulation

Ant Group, Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major cash cow for...

READ MORE >
Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies
Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies
January 05, 2021  |  Regulation

President Donald Trump has banned transactions with eight Chinese software applications, including Ant Group‘s Alipay, which will escalate tensions with Beijing as he prepares to...

READ MORE >