NewsTencent is incubating community-based content and e-commerce marketplace on WeChatThe Chinese tech giant is exploring social commerce. 2 mins read
The new app is Tencent’s sixth social networking experiment within four months. NewsTencent resurrects its failed Facebook-clone Pengyou as a mix of everything2 mins read
The company has reportedly beat out rivals Kuaishou, Huya, and Douyu to secure the deal. NewsBilibili shells out USD 113 million for League of Legends World Championship streaming rights in China2 mins read
Dominance of Youku, iQiyi and Tencent Video adds to film industry’s “cold winter,” a state newspaper says. NewsAre video streaming platforms killing film studios in China?3 mins read
Even with a strong backer, China’s first digital bank needs to stand more firmly on its own feet. NewsTencent-backed WeBank partners with China Mobile fintech division to lure new users1 min read
The Japanese games company partners with Tencent to clear regulatory hurdles. NewsNintendo to market Switch console in China1 min read
Tencent would own 20% of Kuaishou after the completion of the deal. NewsTencent leads Kuaishou’s USD 3 billion pre-IPO round with Jack Ma-backed Yunfeng Capital in tow1 min read
When hospitals are treated like marketplaces, is kindness abused? NewsTencent-backed patient-centric crowdfunding platform Shuidichou is under fire for loose sign-up practices3 mins read
Tencent and Huawei’s cloud gaming efforts demand massive speed and bandwidth that 5G is ready to provide. InsightsChina hopes cloud gaming will spur demand for 5G3 mins read