Tencent, Line, and Korea Investment Partners set up a consortium in which Tencent contributed $110M. Tencent’s stake in 4:33 Creative Lab comes to 25 percent.
Mobile gaming is huge in China, but it isn't making huge money for anyone just yet. Here's why even China's biggest game company is struggling to monetize mobile.
The newest data from Tencent, China’s social media web giant, shows that its WeChat messaging app now has 468.1 million active users (MAUs) in Q3 2014.
Edaixi, the on-demand laundry app that Tencent invested a US$3.2 million seed round of funding into in July, has already raised a series A round worth US$20 million
Renren Kuaidi, which literally translates to “Everyone Express,” let’s anyone who meets the eligibility requirements sign up to be a courier.
WeChat, while it attracts the brightest spotlight from the west, actually has about half the users as its older PC-born brother, QQ Messenger.
Called MojiMe, it lets you put your face into hand-crafted WeChat stickers.
Recently Chinese tech giant Tencent announced plans to give its support to 100 startups, but that doesn't mean it plans to invest financially. Instead it's giving them something else.
China’s tech giants need to explore new frontiers, but they're running into all sorts of hurdles.
Jack Ma, the founder and CEO of eshopping empire Alibaba, now tops Forbes’ China Rich List. Also: check out China's 5 richest tech entrepreneurs.
Tencent has made a new social play in the same vein as Snapchat to appease China’s “post-90s” youths with a fresh US$20 million series A investment into Blink.
Of the total amount, Tencent pitched in US$145 million for a 10 percent stake in the company.
Quixey, the search engine for apps that Alibaba invested $50 million into, has partnered with the Chinese ecommerce titan to launch deep mobile search in China.
Chinese web giant Tencent has bought a 7.53 percent stake in lottery technology and equipment provider China LotSynergy Holdings for up to $87 million.
Yesterday, China’s Supreme People’s Court handed down what ought to be the final legal decision in a tech industry dispute that dates back to 2010. The 3Q war is over, and Tencent has won. The 3Q war,...
“Now, more Chinese people are understanding the importance of exercise and maintaining a healthy lifestyle" - and that's a huge business opportunity.
Newzoo’s list of top 25 publicly-listed game companies is almost half-filled by Asian companies.