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

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. According to CGTN, the Beijing Intellectual Property Court...

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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. The guidelines...

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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...

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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...

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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...

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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...

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Top 4 Chinese Tech Firms Shed $200 Billion As Regulators’ Alibaba Probe Scares Away Investors
Top 4 Chinese Tech Firms Shed $200 Billion As Regulators’ Alibaba Probe Scares Away Investors
December 28, 2020  |  International

Alibaba led another day of high-octane selling that was driven by fears of further antitrust crackdowns, Bloomberg reported. Large Chinese companies, including Alibaba and rivals...

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Tencent-Backed WeDoctor Still Planning Huge IPO By February
Tencent-Backed WeDoctor Still Planning Huge IPO By February
December 16, 2020  |  IPO

Chinese healthcare technology group WeDoctor is still planning a massive IPO in Hong Kong in the coming months, despite the recent departure of its CFO,...

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China’s Antitrust Regulators Fine Alibaba, Tencent Subsidiary For Past Deals
China’s Antitrust Regulators Fine Alibaba, Tencent Subsidiary For Past Deals
December 14, 2020  |  ANTITRUST

China’s antitrust regulators are taking more strident action in reviewing mergers and other deals made by players in that nation’s booming internet sector. On Monday...

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