Kadokawa, a Japanese publishing enterprise, announced on August 31 that FromSoftware, a game subsidiary, will issue new shares to Sixjoy Hong Kong, a subsidiary owned by Tencent, and Sony Interactive Entertainment (SIE) through third-party allotment.
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.
Bitcoin's market cap now stands at $379.39 billion, down 7.52% in the past seven days and overtaken by Chinese tech giant Tencent, as its price continues to fall, according to 8MarketCap.
Forbes China released its 2022 China ESG 50 report on August 23, seeking to highlight the best practices of domestic enterprises in the field of ESG, analyzing and discovering their development status and related future trends.
The Joint Research Institute of Metaverse and Virtual-Real Interaction was formally established by a group of institutions and tech firms recently in Shanghai.
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.
In August, two apps operated by Shenzhen-based tech giant Tencent were officially shut down. Up until August this year, roughly 10 well-known products or applications have been officially given up by Tencent.
This week: Tencent halts sales on its NFT platform Huanhe amid regulatory scrutiny, Huobi founder to sell majority stake in the exchange at a $3 billion valuation, China shuts down 12,000 crypto-related social media accounts, and more.
On August 16, Huanhe, a digital collection platform under Tencent, announced that it had stopped the distribution of digital collections, as the company turns to focus on core strategies.
QQ Music, a subsidiary of Tencent, announced on August 16 that it will provide in-car Dolby Atmos audio services for NIO. This means that QQ Music will become the first music platform in China to provide in-car Dolby Atmos sound to a partner car brand.
According to a report released by Sensor Tower on August 9, a total of 39 Chinese firms were listed in the publisher's top 100 global mobile game revenue list in July. In total, these companies garnered more than $2.03 billion.
On August 1, ByteDance's public welfare platform made a live presentation for its first "DOU Public Welfare Day" event to be held on September 5. However, the announcement has aroused doubts from insiders.
A new-generation four-legged robot developed by Tencent’s Robotics X Lab was released on August 8. Named Max, the new robot shows good maneuverability and can move accurately on complex terrain.
Hou Xiaonan, President of China Literature and Vice President of Tencent's online video division, has reportedly begun to serve as the general manager of Tencent's Animation and Comics Department, reporting to firm COO Mark Ren.
On August 1, China's National Press and Publication Administration released a list of 69 new games that have been formally approved in August for domestic release.