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Thursday, March 04, 2021

Tencent Holdings


WeChat parent Tencent joins Trump ban fight to protect data

November 03, 2020 11:37 am

The court filing Monday marks the first time the Chinese company is publicly engaging in a legal battle that has so far successfully halted the Trump administration’s effort to limit the app’s use by U.S. customers.

Tencent picks Singapore as Asia hub after India, US bans

October 20, 2020 1:16 pm

Singapore in particular is attracting attention as a regional base for both Western and Chinese corporations because of its advanced financial and legal system, and as Beijing tightens its grip on the city of Hong Kong.

Tencent picks Singapore as Asia hub after PUBG Mobile ban in India

September 15, 2020 4:59 pm

Management at China’s largest social media and gaming company had been discussing Singapore as a potential regional hub and geopolitical tensions accelerated its plans, according to people familiar with the matter.

PUBG reportedly looking for Indian partner to cut ties with Tencent

September 11, 2020 10:58 am

PlayerUnknown’s Battlegrounds (PUBG) is looking for an Indian gaming firm to partner and reverse the ban it faced due to its ties with Tencent Games, a Chinese tech major.

China launches initiative for global data security issues

September 08, 2020 4:30 pm

Foreign Minister Wang Yi announced the initiative in Beijing on Tuesday at a seminar on global digital governance. He said mounting risks for cyber security threaten national security, public interests and personal rights.

Tencent shares fall over 2% after India bans PUBG game, other mobile apps

September 03, 2020 4:06 pm

The stock traded 2.2 per cent lower at HK$533 in the afternoon, on track to snap two straight sessions of gain.

Tencent gains $26 billion after US reassures on WeChat ban

August 24, 2020 11:02 am

The WeChat owner jumped as much as 4.2% in Hong Kong Monday after people familiar with matter said the Trump administration is privately seeking to reassure U.S. companies including Apple Inc. that they can still do business with Tencent’s WeChat messaging app in China.

ByteDance readying assault on Tencent’s Mobile gaming kingdom

January 20, 2020 10:40 am

Bytedance, the world’s most valuable startup has rapidly built a full-fledged gaming division to spearhead its maiden foray into hardcore or non-casual games

Qualcomm, Tencent agree to collaborate on gaming devices, 5G

July 30, 2019 4:00 pm

Qualcomm is the largest supplier of mobile phone chips that power many Android devices. With a market capitalization of about $453 billion, Tencent is China's largest mobile software company and owns WeChat, the nearly ubiquitous social network.

Tencent Holdings want a bigger cut of game sales

July 11, 2019 3:59 pm

Tencent Holdings is pressing China’s top smartphone vendors and app stores to boost the cut of revenue it gets from games sold through their platforms, people familiar with the matter said, stepping up efforts to claw back profits as its business slows.