NewsTencent dominates Myanmar’s booming music streaming sceneChinese provider’s Joox service wins fans with local songs and flexible payments. 3 mins read
There are currently more than 800 companies in Tencent’s investment portfolio. NewsTencent bolsters overseas presence in smart retail with investment in Australian payments firm Afterpay2 mins read
Cloud services are set to boom as e-commerce props up SMEs amid post-COVID-19 economic recovery. InsightsAsia’s post-virus economic revival to be built on the back of Chinese cloud services6 mins read
China’s BSN will greatly reduce the barrier to entry for firms looking to leverage blockchain technology and hopes to expand to include global SMEs. InsightsChina’s public blockchain service network to increase accessibility for global SMEs3 mins read
The social giant is not only an investor of Pinduoduo, it is developing its own version of the popular social commerce platform. NewsTencent moves into social commerce, launches group-buying mini program on WeChat2 mins read
The VC/PE firm that backed Tencent and JD.com is reloading USD 13 billion for future investments. Visual StoriesKEY STAT | Hillhouse Capital building one of Asia’s biggest PE pool with USD 13 billion raise2 mins read
However, Yonghui Superstores’ stock dived more than 6% following the announcement. NewsCHINA BRIEF | Supermarket chain backed by Tencent and JD.com reports nearly 40% increase in Q1 net profits1 min read
The game livestreaming industry in China could reshuffle as Tencent assumes a controlling stake in both of the industry’s leaders, Huya and Douyu. Visual StoriesKEY STAT | Tencent to take over China’s game livestreaming market2 mins read
Following the announcement, China Literature’s stock price went up 12.05% to USD 4.62. NewsCHINA BRIEF | Tencent’s VP to lead China Literature after management reshuffle1 min read
