Tag: Tencent
Tencent Ups Spending To Compete With Alibaba
China’s Tencent Holdings said on Thursday, May 20, that it wants to put a greater portion of this year's incremental profits into sectors that include games,...
Sony Music Diversifies Digital Distribution In China In Tencent Deal
Sony Music Entertainment (SME) announced Monday, May 17, that it has signed both a new direct China digital distribution deal with NetEase Cloud Music...
China Fines Tutoring Apps Backed By Tencent, Alibaba
China is expanding its far-reaching tech campaign into online education, issuing the maximum penalties to two of the country’s fastest-growing tutoring apps for violating...
Tencent Faces Big Antitrust Fines In China
Tencent will be hit with a big antitrust penalty in China, but it’s not likely to be as much as Alibaba's record $2.75 billion fine last...
Chinese Tech Firms Turn To Former Regulators For Help
Alibaba, Tencent, and other Big Tech firms in China are turning to former government regulators to help them maneuver around Beijing’s strengthening technology sector...
Tencent Boss Meets China Antitrust Regulators Over New Laws
Pony Ma, the founder of Tencent Holdings, China’s biggest social media and video games company, met with antitrust watchdog officials this month to discuss...
Big Tech Faces Regulatory Hurdles In China
Seismic shocks ahead for Big Tech loom — certainly in China, and almost certainly for firms here in the US Bloomberg reported on Friday (March 12)...
China’s Watchdog Fines 12 Firms With New Anti-Monopoly Law
China’s market regulator said Friday that it fined a dozen companies, including games company Tencent Holdings and Chinese search engine firm Baidu, for not...
Chinese Court Accepts ByteDance’s Suit Against Tencent
A lawsuit filed by TikTok parent ByteDance against Tencent Holdings over alleged monopoly practices has been accepted by a court in Beijing, a move...
Short Video App Douyin Sues Tencent For Monopolistic Behavior
ByteDance’s Chinese short video app Douyin has filed a complaint with a court in Beijing to sue Tencent Holdings for monopolistic behavior and asked...
