NewsTencent makes acquisition proposal for Chinese car site BitautoTencent’s proposal is part of its further expansion in other sectors. 2 mins read
A move that may affect rivals such as Alibaba and ByteDance. NewsTencent integrates live streaming into WeChat’s mini program platform to facilitate e-commerce2 mins read
Only 15% of teenagers make public posts on the Tencent-owned platform. InsightsTeens are shunning WeChat, showing shifting tastes in Chinese social media4 mins read
The second fine for Tencent’s arm behind WeChat Pay. NewsChina’s banking authorities fine WeChat’s operator Tenpay for violating payment regulations1 min read
Titles freeze, longer approval processes for IPO are among hindrances faced by small and mid-sized game publishers. InsightsChinese gaming firms tap South Korean capital amid headwinds in home market5 mins read
The Chinese startup is collecting more than USD 1 billion in a pre-IPO round which targets a USD 25 billion valuation. NewsKuaishou seeks US IPO in 2020 as it gears up for overseas expansion2 mins read
The tool could bring extra revenues to the Chinese internet giant. NewsTencent incubates new credit payment product to take on Ant Financial’s Huabei1 min read
Its clients include H&M, Walmart, Amazon, Hugo Boss, Armani. and Calvin Klein. NewsTencent and Sequoia lead Smart Fabric’s USD 100 million Series C1 min read
Tech giants are increasing their presence in the Chinese second-hand trading market. NewsTencent sets bigger bet on second-hand trading unicorn Zhuan Zhuan2 mins read