Tencent

  • Tencent's investments in public companies added $120 billion in value last year

    Tencent's unrealized gains on its minority investments in about 100 public companies last year amounted to $120 billion, enough to make any venture capitalist jealous.

  • Tencent's Pony Ma regains title of China's richest man as his assets retreat the least

    Pony Ma, CEO of Chinese social media and gaming giant Tencent, has regained the title of China's richest man with $62.6 billion, according to the Forbes Real-time Billionaires List.

  • Tencent launches its biggest recruitment ever

    Chinese social media and gaming giant Tencent has launched its largest internship recruitment ever, hiring more than 8,000 college students graduating in 2022.

  • Tencent, NetEase, miHoYo are top-earning Chinese mobile game developers in February

    MiHoYo's revenue grew 10% in February to become No. 4 globally, behind Tencent, NetEase, and Playrix. Its Genshin Impact and Honkai Impact 3rd saw revenue increases of 6% and 69% respectively compared to January.

  • Tencent unveils Max, its first in-house developed quadruped robot

    The robot can run, jump and leap over obstacles like an animal, and can also glide on wheels like a vehicle on a flat road.

  • FunPlus is highest revenue earner from overseas among Chinese app developers in January

    FunPlus is not widely known in China, but it has popular game titles including the State of Survival, King of Avalon, and Guns of Glory.

  • SAIC-GM-Wuling and its partner report Tencent to market regulator over alleged monopoly

    Tencent said that without its authorization and permission, the app developed by Pateo collected, stored, and uploaded WeChat-related information in the course of use, infringing on the privacy and rights of the personal information of WeChat users.

  • Tencent and TikTok owner ByteDance sue each other

    Beijing-based TikTok owner ByteDance sued Tencent on Tuesday, accusing it of abusing its dominant market position. Tencent responded to the allegations as malicious and said it would file a lawsuit.

  • Tencent is now worth more than China's six largest state-owned banks combined

    At press time, Tencent rose 8.83 percent to HK$752 in Hong Kong, hitting another record high. Its total market capitalization is HK$7.22 trillion, which translates to about 6 trillion yuan.