Tencent Holdings

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Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

Mainland Chinese brands have been the most aggressive non-local entrants into the Hong Kong retail market so far this year,…

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ByteDance cracks down on corruption, bribery amid 125 cases reported in first half of 2024

The hardline stance by the world’s largest unicorn shows the lengths it is taking to retain and attract talent, as…

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Guangdong’s AI industry reaches US$25 billion as province competes with Beijing, Shanghai

The artificial intelligence (AI) industry in China’s southern Guangdong province grew to 180 billion yuan (US$25 billion) in 2023, according…

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Byte-sized bandits: AI is levelling-up scammers but also helping Hongkongers fight back

Details of the deal began to unravel fast. Friends reached out on WeChat, the Chinese messaging platform owned by Tencent…

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TikTok owner ByteDance revs up nascent market for Sora-style services with Jimeng AI app

A screenshot of sample videos generated by ByteDance’s Jimeng artificial intelligence service from a mainland app store. Photo: SCMP The…

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Meet Yang Zhilin: Moonshot AI founder builds business in the mould of ByteDance, OpenAI

Yang is considered “an entrepreneur with potential”, said Cao Xi, founding partner at Hong Kong investment company Monolith Management and…

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Tencent beefs up range of content on super app WeChat by adding breaking news alerts

According to screenshots cited in the reports, some WeChat users received breaking news alerts on weather, finance, politics and the…

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Tencent closes WeChat Pay in Malaysia as it shifts focus to Chinese tourists

Tencent Holdings is shutting down WeChat Pay Malaysia, the Chinese technology giant’s six-year old local e-wallet service, as it seeks…

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Chinese auto chip designer Black Sesame to raise up to US$143 million in Hong Kong IPO

Based in Wuhan, capital of central Hubei province, Black Sesame plans to float 37 million shares at a price range…

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Tencent, NetEase win big with Rainbow Six and Marvel video game approvals in China

China’s video game regulator has approved another 15 foreign-developed titles for the local market, bringing this year’s total to 75,…

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