∗Tencent Archives

US Department of Justice Lawsuit Against Apple: The Implication for Super Apps and Market Dominance

Last Thursaday, the United States Department of Justice (DOJ) initiated a significant lawsuit against Apple Inc., leveling allegations such as suppressing the growth of cloud gaming services and the burgeoning sector of "super apps".

Tencent’s Various Products Are Increasing Investment in Short Dramas

Chasing after Douyin and Kuaishou, Tencent's various products are intensifying their efforts in short drama content.

Digital Red Packets Drive Record Online Transactions on Chinese New Year’s Eve

On Chinese New Year's Eve, as the clock struck midnight, the peak of online payment transactions processed by NetsUnion Clearing Corporation and China UnionPay reached a record high.

miHoYo’s ‘Zenless Zone Zero’ Surpasses 20 Million Pre-registrations, Set for Console/PC/Mobile Release This Year

On Tuesday morning, miHoYo confirmed that their upcoming game "Zenless Zone Zero" has surpassed 20 million pre-registrations across all platforms. The game, which is set for release in 2024, had already secured its license in October 2023.

Hasbro Seeks to Sell IP “DND” and Has Had Preliminary Contact with Tencent

American toy company Hasbro is seeking to sell its well-known IP "Dungeons & Dragons", and Tencent is one of the potential buyers.

Tencent CEO Pony Ma’s Annual Conference Speech Exposed

On January 29th, Pony Ma, the CEO of Tencent, reviewed the development of various businesses under Tencent in the past year and proposed plans for the future at the annual meeting.

Tesla Is Testing Lane-Level Navigation in China, Collaborating with Baidu Maps

Tesla plans to launch lane-level navigation in China, collaborating with Baidu Maps, and is expected to go live with the update during the Spring Festival.

The News States that the Cooperation Between Tencent and Meta Has Been Terminated

There is news that Tencent has received notification from Meta, stating that they will temporarily suspend their collaboration on this generation of XR hardware.

Honor of Kings Will Reopen Douyin Live Streaming, Tencent and ByteDance Break the Wall

According to the official Weibo account of Honor of Kings, starting from January 21st, the Honor of Kings Douyin live streaming will be fully open.

Tencent Responds to the Collective Server Crash of Popular Games in the Early Morning

On the early morning of January 12th, multiple popular game servers under Tencent experienced issues simultaneously, resulting in a large number of online players being disconnected.

Tencent NOW Live Ceases Operation and Is Kaken Down Today

On December 27th at 11 o'clock (Beijing time), Tencent's live streaming + short video + social platform - NOW Live has completely ceased operations and been taken down.

Super Apps: The Inevitable Future of Integrated Platforms in the Digital Age

The astounding success of super apps like WeChat in China suggests that this model could potentially gain ground in the West as both consumers and businesses increasingly gravitate towards comprehensive platforms that cater to their multifaceted needs.

WeChat Pay Launches ‘Learn First, Pay Later’ Feature

WeChat Pay launched the 'Learn First, Pay Later' feature. As long as your WeChat Pay score exceeds 600 points, you can 'attend classes first and pay later'.

Tencent Released Q3 Financial Report, Showing a 39% Net Profit Growth

On November 15th, Tencent Holdings Ltd. released its third-quarter financial report, showing a revenue of 154.63 billion yuan, a year-on-year increase of 10%, and a net profit (Non-IFRS) of 44.92 billion yuan, a year-on-year increase of 39%.

Pony Ma’s Keynote at Tencent’s 25th Anniversary Celebration

On November 11th, Tencent held its 25th anniversary celebration, with Pony Ma and other Tencent executives having an internal communication with employees.

ERNIE Bot Offers A Premium Monthly Subscription for 59.9 Yuan, Multiple LMs Now Available for Paid Access

On November 1st, ERNIE Bot officially launched its membership service.

Tencent’s Q2 Net Profit Jumps 33%, Video Account Usage Time Almost Doubles

Tencent's net profit in the second quarter increased by 33% year-on-year, and the usage time of video accounts nearly doubled.

Tencent Hunyuan AI Large Model Starts Internal Testing

Tencent's self-developed 'Tencent Hunyuan AI Large Model' has entered the internal testing phase. Several Tencent employees have reported receiving internal emails inviting them to experience the Tencent Hunyuan AI Large Model through webpages or mini-programs. Multiple Tencent business units have also integrated the Tencent Hunyuan AI Large Model for testing.

Tencent Backs Large-Scale AI Models with Investment in MiniMax

Tencent has reportedly made its first investment in large-scale AI models, contributing to a new $250 million financing round for startup MiniMax, which values the firm at over $1.2 billion.

Tencent CEO Pony Ma’s WeChat Message Sparks Discussions on Social Media

A screenshot of a WeChat conversation involving Tencent CEO Pony Ma went viral today, trending on Weibo and sparking discussions among industry insiders and netizens alike. According to the chat record, Ma shared an article titled “Discussing Layoffs” in a WeChat group, and noted, “The challenges of the upcoming environment seem quite large, you should […]

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