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

China Forces Removal Of Didi From WeChat And Alipay Apps
China Forces Removal Of Didi From WeChat And Alipay Apps
July 07, 2021  |  Ridesharing

Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in...

READ MORE >
China Intensifies Antitrust Scrutiny On Domestic Tech Businesses
China Intensifies Antitrust Scrutiny On Domestic Tech Businesses
June 17, 2021  |  ANTITRUST

Chinese officials are stepping up antitrust probes into numerous domestic technology firms, popping into facilities unannounced, The Wall Street Journal (WSJ) reported. The agencies involved...

READ MORE >
Tencent Ups Spending To Compete With Alibaba
Tencent Ups Spending To Compete With Alibaba
May 20, 2021  |  International

China’s Tencent Holdings said on Thursday (May 20) that it wants to put a greater portion of this year’s incremental profits  into sectors that include...

READ MORE >
Tencent Faces Big Antitrust Fines In China
Tencent Faces Big Antitrust Fines In China
May 03, 2021  |  ANTITRUST

Tencent Holdings will be hit with a big antitrust penalty in China, but it’s not likely to be as much as Alibaba’s record $2.75 billion...

READ MORE >
Chinese Tech Firms Turn To Former Regulators For Help
Chinese Tech Firms Turn To Former Regulators For Help
April 21, 2021  |  International

Alibaba, Tencent, and other Big Tech firms in China are turning to former government regulators to help them maneuver around Beijing’s strengthening technology sector onslaught,...

READ MORE >
Tencent Unconcerned About New Regulatory Impacts
Tencent Unconcerned About New Regulatory Impacts
March 25, 2021  |  Bank Regulation

Tencent doesn’t expect a serious impact to its business if it folds its FinTech business into a financial holding company as recommended by regulators, Bloomberg...

READ MORE >
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 >