Tencent

Chinese social media and entertainment giant Tencent has purchased the assets of troubled streaming service Iflix to boost its own WeTV streaming service, a spokesman told the Business Times on Wednesday.

Tencent's TiMi Studio has co-developed Pokémon UNITE with GameFreak, which is a team-based, real-time strategy game like DOTA and League of Legends.

Tencent, through its wholly owned subsidiary Huang River Investment Limited, has cut its stake in JD. com to 17.1%, according to JD.com's SC 13D/A filing with the U.S. Securities and Exchange Commission (SEC).

Tencent bought 1.68 million ADSs of Chinese electric car maker Nio through its wholly-owned subsidiary, Yellow River Investment Limited, according to Nio's filing with the U.S. Securities and Exchange Commission.

Tencent Games said today that it upgraded its measures to protect minors from June 17, expanding the application of facial recognition technology to screen users suspected of being minors.

Tencent Holdings plans to become the largest shareholder in iQiyi to cut costs, Reuters said today, citing two people with knowledge of the matter.

Tencent recently announced that it is working with industry chain partners to advance the development of the P2861 international standard for mobile game performance optimization.

Tencent today announced its AI avatar "Ai Ling", claiming that she has an almost lifelike voice based on Tencent AI Lab's AI digital human technology and can sing as emotionally charged as a human.

Tencent Video recently announced a new round of organizational restructuring for its video business that may herald its efforts in rival Bilibili, China’s equivalent of YouTube.

Chinese social media and gaming giant Tencent said it has raised a total of US$6 billion in debt across multiple series of notes.