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  • Tencent reports 13 pct revenue growth in Q3

    Chinese internet giant Tencent raked in approximately 142.4 billion yuan (about 22.27 billion U.S. dollars) in total revenue during the third quarter of 2021, up 13 percent year on year, according to a company financial statement released on Wednesday.


  • Chinese authorities summon online game platforms for talks

    Chinese authorities on Wednesday summoned leading online game enterprises and platforms, including Tencent and NetEase, for talks.


  • Tencent reports 23 pct revenue growth in H1

    Chinese internet giant Tencent posted a robust growth of 23 percent in revenue for the first half (H1) of this year, according to a corporate announcement Wednesday.


  • China's market regulator asks Tencent to waive exclusive music rights

    China's top market regulator on Saturday ordered Tencent Holdings Ltd. and its affiliated companies to relinquish exclusive rights to music labels.


  • Chinese regulator blocks Tencent-driven merger of Huya, Douyu streaming sites

    China's market regulator on Saturday announced a block on the Tencent-driven merger of the two streaming sites Huya and Douyu after an anti-monopoly review.


  • Tencent completes investment in Italian mobile payment startup Satispay

    Chinese tech giant Tencent confirmed Thursday that it has completed an investment of 15 million euros (18.3 million U.S. dollars) in Italian fintech startup Satispay in efforts to tap into Europe's growing mobile payment market.


  • Tencent announces 50 bln yuan of investment in public welfare

    Chinese tech giant Tencent announced on Monday that the company will sponsor a public welfare investment initiative worth 50 billion yuan (about 7.66 billion U.S. dollars) to promote "sustainable social value innovation."


  • Tencent reports 28 pct revenue growth in 2020

    Chinese internet giant Tencent on Wednesday reported a 28 percent year-on-year growth in revenue for 2020, raking in around 482 billion yuan (about 73.9 billion U.S. dollars).


  • The Italian Council of Ministers approves the entry of Tencent in the digital payment system Satispay

    The Chinese giant's investment in the startup, together with Square, the company founded by the CEO of Twitter Jack Dorsey, has been approved with conditions on respect for user privacy.


  • Chinese court accepts Douyin's case against Tencent over alleged monopoly

    The Beijing Intellectual Property Court Sunday accepted the case filed by the popular Chinese short-video platform Douyin against the Internet giant Tencent over alleged monopolistic behavior.


  • Tencent, automaker Geely team up on expanding digital service

    Chinese automaker Geely Auto Group and technology giant Tencent signed an agreement on Tuesday to carry out cooperation in various fields, including digital marketing, autonomous driving and low-carbon development.


  • Tencent and Square to invest on Satispay

    The online payments platform reaches a new asset-strengthening of over 90 million, experiencing the entry of the Chinese giant and the Dorsey’s company, Twitter’s founder. TIM is also betting on the business, as well as the family office of the Liechtenstein Royal family.


  • Richard Ginori to enter the Chinese market with WeChat

    Richard Ginori, symbol of the Italian excellence in the high-quality artistic manufacture of pure china, has opened an official account on WeChat, the most important and most used Chinese multifunctional platform worldwide, owned by Tencent.


  • Tencent reports 29 pct revenue growth in Q2

    China's internet giant Tencent on Wednesday posted a 29 percent year-on-year revenue growth in the second quarter (Q2), raking in around 114.88 billion yuan (about 16 billion U.S. dollars).


  • Tencent partners with CIPSH to explore China's digital cultural production

    Chinese tech giant Tencent has teamed up with the International Council for Philosophy and Human Sciences (CIPSH), a non-governmental organization within UNESCO, to explore China's experience in digital cultural production.


  • ​Tencent, BMW announce co-op to boost in-car digital ecosystem

    Chinese tech giant Tencent and German carmaker BMW announced on Monday to enhance digital cooperation by integrating Tencent WeScenario and WeChat into BMW's in-car system, reported Securities Daily Tuesday.


  • Tencent releases new simulation platform for autonomous driving

    China's tech giant Tencent has released TAD Sim 2.0, the new generation of its autonomous-driving simulation platform, to improve the development and testing efficiency of autonomous driving.


  • Pavilion Italia launched to boost e-commerce in China on WeChat

    It is an initiative by ICE, which has signed an ad hoc agreement with Tencent, the owner of the social platform. The companies involved, which can contact ICE for all the details, will be able to open their own showroom on the platform dedicated to Made in Italy.


  • E. China's Jiangsu accelerates construction of industrial internet

    East China's Jiangsu province has recently launched its industrial internet construction project in cooperation with Tencent to promote the upgrading of the province's industrial internet construction and application


  • Tencent to invest 500 bln yuan on new infrastructure in next 5 years

    China's tech giant Tencent announced it will invest 500 billion yuan (about 70.11 billion U.S. dollars) in the next 5 years to develop new infrastructure across the country.


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