Published: Sep 04, 2021
WeChat, a dominating instant message platform of Chinese tech company Tencent Holdings, is set to offer paid cloud storage services in China that directly rivals iCloud business of United States tech giant Apple Inc, sources told China Daily.
Published: Apr 09, 2021
At the height of the global pandemic in October, more than 6,000 people packed into a new 25-acre stadium in Shanghai to watch one of the world's biggest sporting contests. Another 45 million tuned in online, about as many as watched the six games of the 2020 NBA Finals on TV. The matchup was the League of Legends world championship -- a watershed moment for competitive gaming and its overseer Tencent Holdings Ltd.
Published: Jan 14, 2021
U.S. officials deliberated but ultimately decided against banning American investment in Alibaba Group Holding Ltd. and Tencent Holdings Ltd., a person familiar with the discussions said, removing a cloud of uncertainty over Asia's two biggest corporations.
Published: Oct 21, 2020
Tencent Cloud, the cloud business of Tencent – a leading provider of value-added services on the net – continues to penetrate Thailand’s cloud market with the introduction of Tencent Cloud Conference (TCC), serving the needs of different organisations.
Published: Sep 04, 2020
Ant Group's late-summer IPO filing drove home why the business -- backed by 711 million monthly users that spent $17 trillion through its platform -- is headed for potentially the world's largest stock debut. Yet investors may do well to focus on the long-term threat to its core businesses from archrival Tencent Holdings Ltd.
Published: May 13, 2020
Tencent Holdings's revenue beat expectations after covid-19 lockdowns propelled gaming sales to their fastest pace of growth since 2017, helping offset shrinking ad budgets and a record Chinese economic contraction.