Tencent
China’s tech giants Alibaba, Tencent likely to post dull second-quarter earnings
Expectations are high that earning data for the second quarter of China’s tech tyrants will hit a nadir as the sector continues to weather more regulatory crackdowns and blows from the country’s pandemic labyrinth. According to a report by Nikkei Asia on August 1, analysts surveyed by Refinitiv are looking for ...
Tencent may downsize investment and acquisitions after China’s penalty storm
Chinese internet giant Tencent Holdings may choose to divest more and pursue fewer acquisitions this year, as Beijing tightens oversight of the country's Big Tech firms, South China Morning Post reported, citing analysts. During the last year-end meeting, Pony Ma Huateng, the founder and chief executive of Tencent Holdings, said that his ...
Beijing likely to support metaverse if it obeys state rules, says Tencent
Chinese social media giant Tencent Holdings expects the communist country characterized by harsh internet censorship to support the operation of 'metaverse' virtual environment services as long as they comply with state rules, Reuters reported. While welcoming the potential for gaming business opportunities in a post-earnings call on Wednesday, Tencent publicly acknowledged the essential ...
Chinese company leaks alarming information on coronavirus deaths that contrasts with authorities
So far, estimates of the spread of the coronavirus from Wuhan, the epicenter exceed 10,000 infected with more than 200 deaths in China, but the potential for casualties could be comparatively higher if the figures revealed by a Chinese online service provider Tencent are taken into account. On Saturday, Feb. 1, ...
China launches tech hub megalopolis to rival Silicon Valley
Analysts say the possibilities and challenges of the project are both equally challenging and promising

End of content
No more pages to load