Tencent Plays in U.S. With California Game Studio Launch

 /  Game  / 
Tech giant Tencent has opened a new studio in California to develop and publish top-notch games as it seeks to move beyond its home China market. Read More

Shares of Baidu-Backed iQiyi Jump After Reuters Reports Tencent Seeking Majority Stake

 /  News  / 
Nasdaq-listed shares of Chinese video streaming service iQiyi closed up 25.9% on Tuesday after a Reuters report revealed that Tencent is looking to buy a stake in the company in which its rival Baidu is currently the majority shareholder. Read More

Headlines from China: Tencent Aims to Become Biggest Shareholder of IQiyi

 /  Headlines From China  / 
According to Reuters, Tencent Holdings Ltd is in talking with video streaming rival iQiyi in order to become its biggest shareholder. Read More

Tencent Targets Japan Anime, Manga to Jump-Start Global Growth

 /  Animations  / 
Tencent Holdings Ltd., spurned in years past by Japan’s guarded entertainment industry, is rekindling its courtship of the country’s fabled anime and manga houses. Read More

Tencent Takes 20% Stake in Japanese Video Game Firm Marvelous

 /  Game  / 
Tencent has reportedly agreed to invest 7 billion yen ($65 million) for a 20% stake in Japanese video game developer Marvelous, the latest sign that the Chinese tech giant is further expanding its video gaming empire overseas. Read More

Headlines from China: Tencent Holdings Posts Better-than-expected First Quarter Earnings

 /  Headlines From China  / 
On Wednesday, Tencent Holdings published its 2020 first-quarter earnings report, showing a $4.1 billion net profit, up 6 percent from a year earlier. Read More

Headlines from China: Tencent Pictures’ CEO Takes Over China Literature Limited

 /  Headlines From China  / 
On Monday, China Literature Limited announced replacement changes to its management team. Mr. Wu Wenhui and Mr. Liang Xiaodong, currently the Co-Chief Executive Officers have decided to step down from their positions. Read More

Tencent’s PUBG Takes Honors as World’s Top Mobile Game in March

 /  Game  / 
Tencent’s battle royale title “PlayerUnknown’s Battlegrounds” (PUBG) Mobile was the world’s highest-grossing mobile game in March, as online entertainment increased during the coronavirus outbreak. Read More

Headlines from China: Internet Giant Tencent’s Busy Investment Season

 /  Headlines From China  / 
A lot of people have noticed that Tencent is moving very quickly in its global investment expansion recently. On 04/03, Tencent purchased about $50 million of Class A ordinary shares in cash of Pinduoduo, one of the leading e-commerce players in China. Read More

Tencent Becomes Majority Shareholder in Chinese Game Live-Streamer Huya

 /  Game  / 
Internet giant Tencent is now the biggest shareholder of Chinese game-centric live-streaming platform Huya after buying an additional stake in the company. Read More

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