NewsTencent-backed insurance service Waterdrop raises USD 360 million in US IPOThe firm counted 19.2 million paying customers at the end of 2020. 1 min read
Investment apps like Ajaib and Pluang have already collected tens of millions of venture funds this year. NewsIndonesian robo-advisor Bibit raises new funds from Sequoia India, Tencent2 mins read
Employment is increasingly shifting from traditional industries like manufacturing to the online services sector. NewsKEY STAT | WeChat ecosystem becomes job machine as digital economy booms1 min read
App-based keyboards can have data trackers built in. Tencent is moving to plug the leak. NewsTencent tests new WeChat keyboard to curb data leakage2 mins read
The walls of China’s tech gardens are slowly being torn down. NewsThanks to China’s internet crackdown, Alibaba is finally on Tencent’s WeChat1 min read
Tencent’s investment arm has been the most active VC in China in the first quarter. NewsKEY STAT | Tencent is investing in a video game company every three days1 min read
Tencent abandoned plans to acquire iQiyi due to tightened anti-monopoly regulations. NewsTencent merges video teams to draw eyeballs away from Douyin and Kuaishou2 mins read
Tencent outspent its Chinese peers on strategic investments last year, now with over 1,200 portfolios under its wings. InsightsInside Tencent’s USD 17 billion foreign investment gamble7 mins read
The new facility adds to the long list of global companies building digital infrastructure in Indonesia. NewsTencent Cloud opens first data center in Indonesia2 mins read
