NewsTencent shells out USD 36.3 million for medtech startup SynyiIt leads in commercializing AI. 1 min read
It can turn informal WeChat conversations into a sales process. NewsTencent invests in a tool that helps sales people bridge the gap between socializing and dealmaking1 min read
While Tencent is chasing domestic carmakers, its major competitor Alibaba holds out olive branches to foreign auto giants. NewsTencent forms strategic partnership with carmaker Dongfeng Motor1 min read
WeChat opens up to more short-form video NewsWeChat makes 30-second Weishi video-sharing integration official1 min read
Technically it’s a rival, but OnTime’s ride-hailing concept differs slightly from Didi’s. NewsDidi invests in its new challenger, the Tencent and GAC-owned ride-hailer OnTime3 mins read
Tencent is focused on growing ad revenue. NewsWeChat upgrades ad platform with expanded ad formats and analytics1 min read
Hangzhou aims to make cross-border e-commerce account for 30% of its foreign trade volume, up from 16.8% in 2018. NewsTencent-backed Shopee wants to lure cross-border sellers in Alibaba’s hometown, Hangzhou2 mins read
Keeps audiences on WeChat, and boosts Kuaishou at Douyin’s expense NewsWeChat reenables direct video sharing from Tencent-backed Kuaishou1 min read
The partnership taps into Southeast Asia’s e-book and online publishing markets. NewsTencent-backed China Literature ties up with Singapore Telecommunications2 mins read
