HONG KONG/NEW YORK (Reuters) – Tencent Music Entertainment launched its hotly-anticipated U.S. initial public offering (IPO) of up to $1.2 billion on Monday after global stock markets were boosted by a truce brokered by U.S. Read more…
TOKYO (Reuters) – Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group and also partner China’s Tencent to offer mobile payment services – plans which saw its stock rise Read more…
TOKYO (Reuters) – Tencent Holdings and Japanese chat app operator Line Corp will tie up to offer mobile payment services for small Japanese retailers aiming to attract business from Chinese tourists, the Nikkei business daily Read more…
BEIJING/SHANGHAI (Reuters) – Chinese tech giant Tencent is cutting the marketing budget for its key gaming division, two sources told Reuters on Thursday, amid a crackdown on the industry in the mainland and a lengthy Read more…
BEIJING (Reuters) – Chinese internet giant Tencent Holdings announced on Sunday its first restructuring in six years, done at a time it faces increased challenges from tighter government regulations. The reshuffle comes as Tencent Holdings, Read more…
JAKARTA/HONG KONG (Reuters) – For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services. Both companies recently launched money-transfer services that Read more…
BEIJING/SHANGHAI (Reuters) – Tencent will shut a popular Texas Hold’Em poker video game, the Chinese tech giant said to its users on Monday, in a further step to comply with intensifying government scrutiny hitting the Read more…
HONG KONG/BEIJING (Reuters) – Tencent Holdings’ market value slumped by around $20 billion on Friday after China intensified a crackdown on online gaming citing rising levels of myopia, heightening regulatory risks for companies in the Read more…
WeChat has announced its launch of WeChat Pay MY in Malaysia, and names KK Super Mart as the first chain store in Malaysia to accept it as a payment option. WeChat Pay MY enables users Read more…
HONG KONG (Reuters) – Chinese regulators have blocked the sale of technology giant Tencent’s blockbuster video game “Monster Hunter: World”, less than a week after it was launched. The game, where players hunted fearsome creatures, Read more…
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