NewsTencent and Sequoia lead Smart Fabric’s USD 100 million Series CIts clients include H&M, Walmart, Amazon, Hugo Boss, Armani. and Calvin Klein. 1 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
GoGames builds upon Gojek’s previous entry into mobile gaming through its payments portal. NewsGojek launches GoGames, bringing full ecosystem to Indonesia’s mobile game industry2 mins read
Industry watchers say the move shows Tencent’s confidence in the loss-making auto manufacturer. NewsTencent places bigger bet on struggling EV maker Nio1 min read
The deal is in line with the social giant’s To-B strategy. NewsTencent pours USD 120 million into Xiaoshouyi in China’s largest CRM investment in history1 min read
The social and gaming giant is actually an earlier investor for this startup. NewsTencent-backed Kuaishou invests in comic startup Crossingstar as China’s manga scene grows1 min read
Short video platforms are tapping into e-commerce. NewsTencent-backed Kuaishou sells USD 14 million goods via short video app in 3 days2 mins read
Although the two companies started their business widely differently, they are now quite into each other’s space, influencing the country’s internet economy. Insights10 fields where Alibaba and Tencent compete head to head5 mins read
The edtech startup, valued at USD 2.8 billion, has been struggling to attract fresh capital flow. NewsTencent drops USD 150 million investment plan on Chinese edtech unicorn VIPKid1 min read
