tencent

Exclusive: Tencent scraps plans for VR hardware as metaverse bet falters

Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant…

3 years ago

Exclusive: China to allow Didi apps back online, in latest sign of regulatory thaw

Chinese authorities are set to allow Didi Global's ride-hailing and other apps back on domestic app stores as soon as…

3 years ago

China tech shares sink as U.S. export curbs raise chip sector hurdles

Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by…

3 years ago

EXCLUSIVE Alibaba cuts a third of deals team staff after regulatory crackdown-sources

Alibaba Group (9988.HK) is cutting over a third of staff in its in-house deals team, four people with knowledge of the matter…

3 years ago

Airbnb to shut domestic business in China from July 30

Vacation rental firm Airbnb Inc (ABNB.O) said on Tuesday it will shut down all listings and experiences in mainland China from July…

4 years ago

EXCLUSIVE TikTok plans big push into gaming, conducting tests in Vietnam -sources

TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for…

4 years ago

Tencent posts slowest-ever sales rise; regulation impact set to ease

Revenue at Chinese social media and gaming giant Tencent (0700.HK) grew just 8% in the fourth quarter, the slowest pace since it…

4 years ago

Tencent hands shareholders $16.4 bln windfall in the form of JD.com stake

Chinese gaming and social media company Tencent (0700.HK) will pay out a $16.4 billion dividend by distributing most of its JD.com (9618.HK) stake, weakening…

4 years ago

Analysis: Chinese flock to home-grown brands in golden opportunity for investors

He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the…

4 years ago

Tencent Q1 profit rises 65% as online gaming revenue climbs

Chinese gaming and social media giant Tencent Holdings Ltd (0700.HK) reported a forecast-beating 65% rise in quarterly profit on Thursday,…

5 years ago