NewsTencent president says big tech needs more regulationChinese group beats profit forecast on hit games and fintech. 3 mins read
Douyu and Huya are set to complete a Tencent-orchestrated merger in the first half of next year. NewsChinese Twitch competitors report slower growth as offline entertainment recovers1 min read
TME consolidated its content library during the quarter by forming partnerships with labels including Merlin, Peermusic, and Kobalt. NewsTencent Music Entertainment Q3 revenue surpasses USD 1 billion2 mins read
Bytedance has been investing aggressively in the online reading sector, where Tencent is already a leading player. NewsByteDance injects USD 1 billion in online publisher Zhangyue, main rival of Tencent‘s China Literature3 mins read
The Tencent blockbuster mobile game is also the top-grossing title in the world. NewsKEY STAT | Honor of Kings sets new world record with 100 million daily average players1 min read
This isn’t the first time Miniso’s products were found to have harmful elements. NewsTencent-backed retailer Miniso sets up USD 15 million buyback fund for dangerous recalled products2 mins read
China, Japan, and the US were the top three markets for player spending. NewsGenshin Impact rakes in USD 250 million in its first month, outpacing Honor of Kings and PUBG Mobile2 mins read
The new digital game marketplace specializes in casual and entertaining games. NewsByteDance launches mobile game distribution platform Danjuan2 mins read
Zhenkunhang has scored USD 315 million in its Series E round. NewsJack Ma’s PE firm leads investment round of e-commerce site backed by Tencent2 mins read