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Tencent

Tencent’s $5.3 billion video games merger gets blocked by Chinese antitrust regulator

DouYu said it "fully respects the regulatory decision and actively cooperates with regulatory requirements to operate in compliance with applicable laws and regulations."China's market...

Tencent: Tencent’s Timi gaming studio generated $10 billion in 2020: Sources – Latest News

Chinese tech giant Tencent's Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of $10 billion...

Tencent reports 28% revenue growth in 2020 – Latest News

Chinese Internet giant Tencent has reported a 28 per cent year-on-year growth in revenue for 2020, raking in around 482 billion yuan (about $73.9...

Rakuten: Rakuten shares jump 24% on Japan Post, Tencent backing – Latest News

Rakuten Inc's shares jumped as much as 24% on Monday after the Japanese e-commerce firm said it would raise $2.2 billion through a stake...

Tencent: ‘Brawl Stars’ unable to fight off sales decline for Tencent’s Supercell – Gaming News

Finland's biggest video game maker Supercell reported a 7% drop in annual sales on Tuesday, squeezed by intense competition even as the COVID-19 pandemic...

smart cars: China’s Geely teams up with Tencent on smart car tech – Latest News

BEIJING/SHANGHAI: China's Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with...

Udaan raises $280 million in funding from Lightspeed Venture Partners, Tencent, others – Latest News

Business-to-business (B2B) e-commerce major Udaan said it has raised $ 280 million (about Rs 2,048 crore) in funding from existing and new investors, including...

huawei: Tencent games reinstated on Huawei app store – Latest News

Tencent's online games were removed and then reinstated on Huawei's app store in a dispute over revenue sharing by the Chinese companies. Huawei was insisting...

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