Tencent is in talks with short video app Kuaishou, known as Kwai in English, about investing between $1 billion and $1.5 billion in the platform. Details of a potential deal have already emerged on Chinese financial blog IPO Zaozhidao. Read More
On July 29, NBA and Tencent jointly announced that the two companies will renew their partnership, which will expand Tencent's rights to exclusively live broadcast NBA games in China for another five years. Read More
Tencent’s TiMi Studio Group will team up with Nintendo-backed Pokémon Co. to develop a new Pokémon game, according to a statement Tencent posted on its official Weibo account for games on Monday. Read More
The NBA finals just took place last month and Chinese sports streaming giants have started fighting for its next season's broadcasting rights in China. Read More
Gaming giant Tencent has successfully negotiated a more favorable revenue split with a number of Chinese Android stores for its mobile titles, media outlet GameLook reported. Read More
In Southeast Asia where smartphone is used by a large percentage of the population, the region also becomes a battleground for video streaming platforms, including Netflix and China's Tencent. Read More
South Korean media reported that China's Huayi Tencent Entertainment would finance The Victory (胜利号), a science fiction film starring Song Jung-ki. Read More
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