Fabrie, an online collaboration tool for the global design market, has recently completed a pre-A+ round of financing, led jointly by CDH Investments and Sequoia China Seed Fund, followed by Volcanics Venture and BAI Capital.
Musk's dream of turning Twitter into a 'super-app' like China's WeChat will be an uphill battle.
QQ, a 23-year-old social networking platform operated by Tencent, has been constantly transforming to fit shifting tech trends, and its content and social functions are getting closer to the preferences of young people.
A ByteDance-owned reading tool called "Shiqu" will officially stop all operations and services from December 12. This app, launched by ByteDance in April this year, allows users to subscribe to desired information based on keywords and data sources.
On October 24, news emerged that China Mobile, a multimedia service provider through its nationwide mobile telecommunications network, might take a stake in Chinese tech giant Tencent, which was subsequently denied by Tencent.
Chinese smartphone users have recently discovered a new function within Alipay, Ant Group's payment platform, allowing them to transfer funds to contacts on Tencent's WeChat app. Many netizens said that the function is not as simple as it sounds, and evaluation has been mixed.
The official website of ByteDance-owned online social platform Feiliao has recently been shut down and download channels have been closed, although any official suspension announcement has yet to be made.
Tencent's versatile social media platform WeChat has recently launched a new mini-program enabling palm print payment, giving users yet another way to settle transactions in addition to passwords, fingerprints and facial recognition.
Following the release of a digital mini-game called "Sheep a Sheep," which has recently gone viral in China, a new GameFi version has quietly been launched. Its token price has experienced roller coaster-like fluctuations within a short period of time.
A new pass-through mini game named "Yang Le Ge Yang," translated as "Sheep A Sheep," has become a national online sensation on China's social media in recent days. However, it has aroused controversy over its profitability and game rules.
A recent poster on a hacker forum claims to have obtained TikTok's and WeChat's databases on Alibaba's cloud service platform, which together contain over 2.05 billion user records. However, Tencent, WeChat's parent company, and TikTok denied any security breach.
According to public information on Chinese business data platform Tianyancha, Tencent has recently applied for the registration of several trademarks related to input methods on its WeChat application.
Tencent's Q2 financial report shows the total usage time of WeChat Video Channels, a content recording and creation sub-platform, exceeded 80% of total usage time of WeChat Moments, a social network feature within the app.
Chinese internet giant Tencent logged its first-ever quarterly revenue fall along with declining net profit for the fourth consecutive quarter, according to its second-quarter 2022 results released on August 17.
Chinese smartphone maker vivo announced on July 12 that it will unlock a WeChat smartwatch version at its iQOO 10 series launch event on July 19.
This week: WeChat bans NFT-related accounts, Chinese state media warns Bitcoin price is heading to zero, Hong Kong crypto platforms suspend withdrawals amid global crypto sell-off, and more.
Tencent's social networking software WeChat updated its operating regulations for official accounts on the platform on Monday. The regulations now address virtual currencies and digital collections.
WeChat Pay launched a three-week Low Carbon Q&A Challenge, which encourages users to flexibly apply their own carbon neutral knowledge.
Tencent Cloud announced on Wednesday that many of its internal self-research businesses were fully on the cloud. This means that Tencent's internal businesses, including QQ and WeChat, will be developed and operated based on a public cloud model.