The two conglomerates have different investment strategies.
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Right off the heels of Google’s announcement of cloud gaming platform Stadia, Tencent has opened its own cloud gaming platform “START” for public testing by users in Shanghai and Gua
Tencent reported financials for the 2018 financial year and Q4 2018. Quarterly revenue reached RMB 84.9 billion (US$12.7 billion) in revenue, up 28% year-on-year, narrowly beating expectations of RMB
The number of monthly active users WeChat reached 1.098 billion at the end of 2018, up 11% from 988.6 million users in 2017, Tencent said at its earnings report for 2018 on Thursday. Driving this grow
Fast-moving consumer goods platform Yijiupi has announced a US$100 million Series D+ round of financing from Warburg Pincus, according to private equity deals tracker Pedaily.cn. Founded in 2014, Yiji
Shenzhen’s metro, taxis, and airport trains are now integrated with an electronic invoicing blockchain built by Tencent and available within the WeChat app, the tech giant revealed. This means p
