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Gaming Keeps Tencent Green in Q4

Mar 24, 2021 / Game /

Tencent saw balanced growth across all its core business segments, but its standout was international gaming, which grew by 43 percent. Read More

Why Rakuten’s Tencent Tie Up Is a Game Changer for Content Commerce

Mar 18, 2021 / News /

Tencent will hold a 3.6 percent stake in Rakuten after the Japanese tech giant raises $2.2 billion via a new share sale. Read More

Video Site Operator Mango Plans to Raise $660 Million to Expand Content Library

Sep 29, 2020 / Money /

Mango Excellent Media Co. Ltd., the operator of Chinese online video platform Mango TV, said Monday that it plans to raise 4.5 billion yuan ($660 million) through a share sale that will enable it to expand its content library and establish new technological platforms amid intensifying competition with rivals iQiyi, Youku and Tencent Video. Read More

Headlines from China: Tencent Inks Deal With England’s Premier League to Show Soccer Games in China

Sep 18, 2020 / Headlines From China /

After the contract dispute with Chinese local video streaming site PPTV forced the Premier League to quit the market for a while, the England’s prestigious soccer league finally signed a deal with Internet giant Tencent to play the rest of the season’s games on Tencent’s wide-ranging digital platforms including WeChat, QQ.com and Tencent Video. Read More

Headlines from China: The 13-Minute Gameplay Video of an Locally-Made PC Game is Taking the Chinese Internet by Storm

Aug 26, 2020 / Headlines From China /

While China’s mobile game developers have found global success with mass-market hits like Tencent’s “Honor of Kings,” its studios haven’t produced critically acclaimed premium games yet. However, this might not be true anymore after the release of an upcoming role-playing PC and console game called “Black Myth Wu Kong”. Read More

Tencent Pushes for Merger That Would Create $10 Billion Chinese Twitch

Aug 12, 2020 / Game /

China’s answer to Amazon's Twitch — the wildly popular streaming site where gamers broadcast themselves — is the powerful duopoly of DouYu and Huya. Read More

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

Jul 7, 2020 / 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

Jun 18, 2020 / 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

Jun 17, 2020 / 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

Video Streamer Bilibili Plans to Issue $650 Million in Convertible Bonds

Jun 1, 2020 / Streaming /

New York-listed Chinese video streaming platform Bilibili has announced plans to raise $650 million through the sale of convertible senior notes, as the company seeks more cash to expand its user base. Read More

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