Tag: Tencent

ByteDance’s Chinese short video app Douyin has filed a complaint with a court in Beijing to sue Tencent Holdings for monopolistic behavior and asked...

China’s central bank has proposed stepping up antitrust measures for companies in the non-bank payments industry, such as Ant Group’s Alipay and Tencent’s WeChat...

Alibaba, Tencent-backed China Literature, and Shenzhen Hive Box Technology were each fined 500,000 yuan (US$76,463) by the State Administration for Market Regulation (SAMR), reported...

Alibaba Group and Tencent have each held separate talks with Baidu to acquire a controlling stake in video streaming service iQIYI, people with knowledge...

Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.” Lau’s comments came when the China-based company registered...

As government regulators in China increase tech industry oversight, Tencent said it will comply with new laws intended to curb antitrust activities and tighten...

Tencent Holdings, widely known for its mobile text and voice messaging service WeChat, is behind extensive talks to merge China’s biggest game-streaming platforms, reported Bloomberg...

Tencent Music Entertainment (TME) is currently under investigation by China’s antitrust authority, according to a report in Bloomberg published August 27, citing people familiar...

Another startup has appeared to challenge Didi in China, and this one has backing by some of the biggest financial names in the industry. TechCrunch...

US-based retail giant Walmart has announced that Flipkart’s minority shareholder Tencent would have the first “right to purchase” if any shareholder of the Indian...