NewsCHINA BRIEF | Tencent is pressing for stock-for-stock merger of Douyu, HuyaDouyu and Huya shares closed significantly lower in US trading on Monday. 1 min read
The two companies have been cooperating on movie production since April 2017. NewsTencent boosts movie and gaming business with acquisition of cartoon studio Byment2 mins read
Both of the White House’s executive orders targeting ByteDance and WeChat will likely be challenged in court. NewsChinese-American lawyers plan to sue US government on behalf of WeChat users2 mins read
Tencent’s Hong Kong-listed shares dived 10% following the news, erasing USD 34.6 billion in market capitalization. NewsByteDance threatens to sue US government on ban ‘issued without any due process’2 mins read
Shangjia Xiaochengxu aims to help the retail sector to upgrade digitally and seek additional revenue growth. NewsWeChat Pay launches feature for brick-and-mortar merchants, takes on Meituan and Ele.me2 mins read
WeChat has little presence in the US, but is an integral communication tool for Chinese people overseas. NewsCHINA BRIEF | Trump signs orders to ban business with ByteDance and Tencent, to take effect in 45 days1 min read
Tencent is reportedly driving discussions to merge China’s two biggest video game livestreaming platforms, Huya and Douyu. NewsHuya-Douyu merger would cement gaming giant Tencent’s position in China, experts say4 mins read
Combining platforms would strengthen two US-listed companies amid economic downturn. NewsTencent pushes USD 10 billion merger of game-streaming units2 mins read
Yipien runs nearly 900 fresh-food neighborhood supermarkets in 17 cities in China. NewsCHINA BRIEF | Grocery chain Yipien Fresh closes USD 359 million Series C round led by Tencent and Today Capital1 min read
InsightsAI applications go global: New report reveals gaps in infrastructure, market readiness, and scenario-based customization