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Headquartered in Shenzhen, Tencent is one of China's and the world's largest internet services companies, with interests in media, entertainment, web and mobile communications, advertising, e-commerce and internet banking.
- Naspers, Africa’s largest company, owns Tencent shares valued about US$133 billion
The internet giant capped 2018 with a quarterly profit that missed analysts’ estimates.
The internet giant capped 2018 with a quarterly profit that missed analysts’ estimates.
Tencent capped 2018 with a 39 per cent decrease in net profit for the December quarter to 14.2 billion yuan, missing analysts’ estimates. Revenue was up 5 per cent to 84.9 billion yuan.
Tencent capped 2018 with a 39 per cent decrease in net profit for the December quarter to 14.2 billion yuan, missing analysts’ estimates. Revenue was up 5 per cent to 84.9 billion yuan.
Shenzhen-based Tencent may team up with some investment funds for an offer for the stake in AS Watson, which is a unit of Hong Kong conglomerate CK Hutchison Holdings.
Shenzhen-based Tencent may team up with some investment funds for an offer for the stake in AS Watson, which is a unit of Hong Kong conglomerate CK Hutchison Holdings.
Internet giant Tencent’s shares are still down 22 per cent from an all-time high in January 2018. Ahead of earnings, 55 analysts polled by Bloomberg called it a “buy.”
Internet giant Tencent’s shares are still down 22 per cent from an all-time high in January 2018. Ahead of earnings, 55 analysts polled by Bloomberg called it a “buy.”
Tencent has pledged to promote young talent in a bid to refresh its managerial ranks and maintain dynamism within the social media-to-gaming giant.
Tencent has pledged to promote young talent in a bid to refresh its managerial ranks and maintain dynamism within the social media-to-gaming giant.
China’s internet giants are competing more aggressively, as they seek to offer all-in-one apps to keep users within their ecosystems as much as possible.
China’s internet giants are competing more aggressively, as they seek to offer all-in-one apps to keep users within their ecosystems as much as possible.
TikTok’s rise to international stardom has not been an overnight success story and Bytedance has had to go through a trial and error process to crack overseas markets.
TikTok’s rise to international stardom has not been an overnight success story and Bytedance has had to go through a trial and error process to crack overseas markets.
The mood and messages in praise groups are positive and uplifting as opposed to the denigration and trolling that social media is often criticised for.
The mood and messages in praise groups are positive and uplifting as opposed to the denigration and trolling that social media is often criticised for.
Robin Li’s remarks come after news aggregation app Jinri Toutiao became the latest to join the search fray.
Robin Li’s remarks come after news aggregation app Jinri Toutiao became the latest to join the search fray.
NetEase’s PUBG clone, Knives Out, was 2018’s top-grossing battle royale mobile game in China
NetEase’s PUBG clone, Knives Out, was 2018’s top-grossing battle royale mobile game in China
In China, commerce has been integrated into social media for a decade, so the use of fake social-media accounts to inflate business figures is rife. The trend is warping Chinese ecommerce and eroding trust among consumers.
In China, commerce has been integrated into social media for a decade, so the use of fake social-media accounts to inflate business figures is rife. The trend is warping Chinese ecommerce and eroding trust among consumers.
The NBA has seen success in China since it opened its first office outside of North America in 1992 in Hong Kong
The NBA has seen success in China since it opened its first office outside of North America in 1992 in Hong Kong
Sea founder Li chose his English name after watching the movie ‘Forest Gump’
Sea founder Li chose his English name after watching the movie ‘Forest Gump’
Acts such as DJ Diablo and Los Angeles hip-hop group Far East Movement have decided direct deals with Chinese audio streaming services NetEase and Tencent are the best way to go.
Acts such as DJ Diablo and Los Angeles hip-hop group Far East Movement have decided direct deals with Chinese audio streaming services NetEase and Tencent are the best way to go.
The combined wealth of China’s lawmakers fell 14 per cent to 3.4 trillion yuan, according to data compiled by Hurun Report.
The combined wealth of China’s lawmakers fell 14 per cent to 3.4 trillion yuan, according to data compiled by Hurun Report.
Warning from Tencent founder Pony Ma comes amid efforts by Chinese government to recruit and train more talent for basic science research.
Warning from Tencent founder Pony Ma comes amid efforts by Chinese government to recruit and train more talent for basic science research.
Baidu’s Robin Li Yanhong and Tencent’s Pony Ma Huateng submitted separate proposals on the need for ethical guides on the development of new technology on Sunday
Baidu’s Robin Li Yanhong and Tencent’s Pony Ma Huateng submitted separate proposals on the need for ethical guides on the development of new technology on Sunday
NetEase, China’s second-biggest online games publisher, is one of a wave of technology companies that are laying off employees amid a slowdown in China’s economy.
NetEase, China’s second-biggest online games publisher, is one of a wave of technology companies that are laying off employees amid a slowdown in China’s economy.
She cooked up ‘poisonous chicken soup for the soul’ and profited from ‘selling anxiety’. But the controversy – and fake story – she created in her quest for ‘clickbait’ ultimately did her in.
She cooked up ‘poisonous chicken soup for the soul’ and profited from ‘selling anxiety’. But the controversy – and fake story – she created in her quest for ‘clickbait’ ultimately did her in.
WeChat clean-up is part of China’s overall drive to create a more healthy online environment by forcing operators to self-police content
WeChat clean-up is part of China’s overall drive to create a more healthy online environment by forcing operators to self-police content
China’s top media regulator has stopped accepting new applications for game licences as it struggles to clear a backlog of thousands of titles
China’s top media regulator has stopped accepting new applications for game licences as it struggles to clear a backlog of thousands of titles
The number of people using WeChat to pay their medical expenses saw a 2.9-times year-on-year increase
The number of people using WeChat to pay their medical expenses saw a 2.9-times year-on-year increase
Bytedance said to be contacted by authorities about possible Shanghai tech board list but other funding options also available
Bytedance said to be contacted by authorities about possible Shanghai tech board list but other funding options also available
China’s top content regulator seeks to clear backlog of submissions that have piled up from previous nine-month hiatus, source says.
China’s top content regulator seeks to clear backlog of submissions that have piled up from previous nine-month hiatus, source says.
Alibaba, China’s biggest e-commerce platform, has acquired a 4.84 per cent stake in investment bank China International Capital Corporation to become its third-largest shareholder, according to a Hong Kong stock exchange filing.
Alibaba, China’s biggest e-commerce platform, has acquired a 4.84 per cent stake in investment bank China International Capital Corporation to become its third-largest shareholder, according to a Hong Kong stock exchange filing.
So many people are on WeChat now, especially north of the border. But in Hong Kong fears linger that private information may be misused.