Chinese internet giant Tencent said yesterday it had bought some assets of struggling Asian streaming service iflix, in a major expansion of its online video presence in the region.
Tencent is the creator of social media platform WeChat.
Tencent says its net profit fell 13% in the third quarter even as the company’s revenues continue to climb out of a slump.
Tencent shelves plans to invest $150 million to for a Chinese education firm VIPKid.
Digital payment platforms to help prepare Malaysia for the digitisation.
China’s Forestry Admin., with Tencent, to crack down on illegal wildlife trade online.
Chinese police closes 1,100 social media accounts, along with 31 websites, this year.
Alibaba and Tencent launch money-transfer services challenging their US rivals.
Tencent has halved the amount it is seeking to raise in a US listing to about $2 billion.
Alibaba to raise funds for combined business.
Ubisoft is aiming for a tenfold surge in its playing audience in partnership with Tencent.
Alibaba says it would buy the remaining shares of Ele.me, a food delivery platform.
China’s ubiquitous WeChat social media platform has crossed the one billion accounts.
Alibaba and Tencent worth a combined $1 trillion, are on a retail investment binge.
The Byton electric-powered car at the Consumer Electronics Show is touted as a computing device on wheels.
Google announces its new artificial intelligence research centre in Beijing.
Tencent and Alibaba do have a major advantage over American rivals because China severely restricts access to its internet.
Chinese video game giant Tencent is more valuable than Facebook as investors sent the company soaring.
Smartphone smash-hit King of Glory is so popular in China that its maker and internet giant Tencent last month began limiting daily playing times to “ensure children’s healthy development”.
A drive by China’s big technology companies to develop credit scoring platforms is facing growing opposition from regulators.