• Sat
  • Dec 20, 2014
  • Updated: 12:09am

Tencent

Founded in November, 1998, Tencent has grown into one of China’s largest Internet service portals. Its platforms include QQ (QQ Instant Messenger), QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay, and span communication, information, entertainment, e-commerce and others. As of September 30, 2011, it said its active QQ user accounts for QQ IM stood at 711.7 million. Tencent listed in Hong Kong in 2004.

Tencent kicks off mobile games testing for WeChat

Tencent's WeChat app has almost 400 million users.

Tencent, China's largest listed internet company, has begun testing a much-anticipated mobile games platform for its popular WeChat and Wireless QQ communications applications.

Thursday, 11 July, 2013, 4:29am

Tencent wants to cash in on WeChat popularity

Tencent wants to cash in on WeChat popularity. Photo: Reuters

Tencent, the mainland's largest listed internet firm, is poised to introduce payment systems in WeChat and its other wireless services to transform popular free-to-use platforms into revenue-generating businesses.

4 Jul 2013 - 3:48am

Tencent to woo more developers for its services

Tencent steps up appeal for apps. Photo: Bloomberg

The Shenzhen-based company, in which South African media group Naspers is a major shareholder, is hosting its application developer conference in Beijing today, with the theme "Open & Revolution".

3 Jul 2013 - 4:48am

Tencent first quarter profit rises 37pc on-year, driven by online games

Tencent first quarter profit rises 37pc on-year, driven by online games

Net profit jumped to four billion yuan (HK$5.05 billion), from 2.9 billion yuan a year earlier. Revenue increased 40.4 per cent to 13.5 billion yuan.

16 May 2013 - 3:53am

Sina, Alibaba resurrect tie-up talks

Alibaba would be looking to offer its popular e-commerce services to Sina Weibo's 500 million registered users. Photo: Reuters

It looks like I may have been premature in declaring last month that talks for a tie-up between leading web portal Sina and e-commerce leader Alibaba were dead.

29 Apr 2013 - 10:55am

China Mobile hit by bad Wi-fi bet

China Mobile complains that Tencent's popular WeChat mobile instant messaging service is hogging up capacity on its network. Photo: Reuters

I was a bit surprised by the latest quarterly results from cellular crybaby China Mobile, which I expected to contain abundant evidence supporting its grievances in an ongoing battle with Internet giant Tencent.

23 Apr 2013 - 10:15am

China Unicom sides with Tencent over WeChat

Smartphones are displayed at a China Unicom retail shop in Beijing. Photo: Reuters

A new memo that has been reportedly leaked from China's second largest mobile carrier, China Unicom, shows the nation's three telcos may not be nearly as united as many may think in their approach to Tencent's popular WeChat mobile app.

2 Apr 2013 - 10:19am

Xi Jinping wraps up Africa tour and Guangdong admits to pension fund debt

Xi Jinping and Denis Sassou Nguesso, the president of the Republic of Congo, inaugurate the China-Republic of Congo Friendship Hospital in Brazzaville, March 30, 2013. (Photo: Xinhua)

EconomyCaijingGuangdong says its pension fund is riddled with massive hidden debt.Financial Times

29 Aug 2013 - 4:13am

Tencent prevails in anti-trust suit

Tencent headquarters is seen at Nanshan Hi-Tech Industrial Park in the southern Chinese city of Shenzhen. Photo: Reuters

I've often wondered these last few months about what happened to an anti-trust lawsuit filed against Tencent (0700.HK) by security software firm Qihoo 360 (NYSE: QIHU) about a year ago.

29 Mar 2013 - 10:51am

Chairman adds to holdings in Dah Sing amid active trading

David Wong Shou-yeh

Buying rose for a fourth week while selling among directors was high for a third week, with 22 companies that recorded 86 purchases worth HK$541 million, against 10 firms with 44 disposals worth HK$49 million.

25 Mar 2013 - 3:37am

New WeChat platform attracts indie publishers, and censorship may be close behind

The CMS side of WeChat's public platform.

Political writers have repurposed Tencent's new WeChat enterprise accounts as mobile publishing platforms.

22 Mar 2013 - 2:20pm

Business Digest, March 1, 2013

RBS triples its loss, boss keeps bonus

Yuan deposits in Hong Kong climbed in January to within 0.5 per cent of a record as investors revived bets on the currency's appreciation given an improving outlook for economic growth on the mainland. 

1 Mar 2013 - 5:17am

Business Digest, February 23, 2013

Tencent stock hit after firm seeks user details

The euro-zone economy will shrink in back-to-back years for the first time as governments, consumers and firms curb spending, the European Commission said.

23 Feb 2013 - 6:36am

Former Google China chief banned from microblogging sites

Kai-Fu Lee

Former Google China president Kai-Fu Lee says he was temporarily banned from posting items on two of the mainland's most popular microblogging platforms. Without saying why he was banned, Lee posted a message on Twitter on Sunday saying: "I am silenced on Sina and Tencent [microblogs] for three days, so everyone can find me here."

19 Feb 2013 - 5:05am 1 comment

'Tis the season to reorganize

Tencent Holdings Limited Chairman & CEO Pony Ma at a results announcement in Hong Kong on March 16, 2011. Photo: SCMP

Bottom line: The wave of reorganisations sweeping major Chinese web firms is likely to result in a period of management turmoil, resulting in less innovation on the Internet.

30 Jan 2013 - 12:13pm