Tencent

New Business

China’s southern megacities dealt contrasting economic fortunes as hi-tech Shenzhen thrives

The tech hub of Shenzhen, though, revealed a glowing report card as its economy expanded by 5.9 per cent to…

Read More »
Tech

Alibaba’s ‘Romance of the Three Kingdoms’ hit sees it make a play for lucrative gaming market

Alibaba’s cloud gaming platform was revealed at the company’s annual Apsara conference last week, and was described as a business…

Read More »
Tech

AI race: Alibaba, Tencent quickly adopt Meta’s new Llama 3.1 model amid excitement

Alibaba Cloud, the e-commerce giant’s online computing platform, was among the first to include the latest open-source Llama family of…

Read More »
New Business

China’s Guangdong, once a major economic driver, lags national growth average

Authorities in coastal regions, traditionally the most reliable centres for growth as industrial and trade hubs, have taken steps to…

Read More »
Tech

China’s market regulator flexes muscles, signalling Wild West era of unchecked Big Tech growth is over

The cases involve Alibaba’s past equity investments in major Chinese mall operator Intime, China Literature’s acquisition of film studio New…

Read More »
Tech

US shelves bid to blacklist China’s Ant Group after phone call by Alibaba president, sources say

But the Commerce Department, which oversees the blacklist, shelved the proposal after Alibaba president Michael Evans urged Commerce Secretary Wilbur…

Read More »
Tech

Shenzhen tech giants deepen rift as Huawei app store list snubs Tencent’s video games

Multiple video game titles from Tencent Holdings have disappeared from the top lists of the app store of smartphone maker…

Read More »
New Business

Hong Kong stocks slide after China’s third plenum underwhelms, geopolitical angst weighs

Hong Kong stocks tumbled on Friday after investors were underwhelmed by China’s third plenum announcement, with eyes now on further…

Read More »
Tech

Alibaba antitrust investigation: what is the ‘picking one from the two’ practice that triggered an official probe?

Chinese regulators have long warned about the practice, although until the State Administration for Market Regulation (SAMR) announced its probe…

Read More »
Tech

Tencent-backed video-sharing app Kuaishou wins green light from Hong Kong to raise up to US$6 billion

Beijing-based Kuaishou Technology, the world’s second-largest video-sharing app, has won the green light from Hong Kong to raise roughly US$5…

Read More »
Back to top button