NewsTencent Music moves towards US IPO; Valuation said to double in four-month timeTencent Music operates China’s 3 most popular music-streaming apps. 3 mins read
The company is valued at $5 billion. NewsChinese unicorn UBTECH Robotics raises $820 million from Tencent-led consortium1 min read
Investments in education, consumer, cloud computing and robotics industries. NewsDeals | Deal book: Tencent invests in robotics startup Marble; Knowbox raises $100 million from YF Capital and TAL2 mins read
Toutiao has invested twice in online document tool Shimo in 2017. NewsTencent launches Google Docs-Like tool to rival Alibaba and Toutiao in enterprise services1 min read
Xiaoxiang Huyu is Tencent’s first move in game MCN (Multi-Channel Network) and its third investee in game-streaming after Douyu and Huya. NewsDeals | Tencent invests $4.8M in gaming Influencer agency, completing its game-streaming matrix3 mins read
The market size for short video hit RMB 5.74 billion in 2017 and is expected to grow to RMB 30 billion by 2020, according to iResearch. NewsDeals | Tencent Invests $98M in News Video App to Compete with Toutiao’s Video App Matrix2 mins read
TikTok has been growing in popularity since its inception in 2016. NewsTencent bets on its revived Weishi app to take on TikTok in short-video streaming3 mins read
Tencent works on new retail mainly to promote the expansion of three businesses: financial payment, cloud computing, and advertising. InsightsPony MA: Why Tencent Is Spending so Much Money Purchasing Shares of Offline Retail Enterprises?5 mins read
Tencent and Walmart are all major shareholders in JD.com. NewsWalmart Sides with Tencent; Stops Accepting Alipay in Southwest China Stores2 mins read
FeaturesGancube’s premium puzzle: How a champion turned his passion for the Rubik’s Cube into a global business
