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Sources: Tencent is in early talks to acquire Nexon, the South Korean gaming giant behind Dungeon & Fighter Mobile; Tencent pursued a Nexon acquisition in 2019
(
www.bloomberg.com
)
3 days ago
Korea
Mobile
Tencent
Tencent Music agrees to buy podcasting startup Ximalaya for $1.3B in cash, plus some stock, in a bid to become China's Spotify; Ximalaya had 303M MAUs in 2023
(
www.bloomberg.com
)
6 days ago
China
Startup
Tencent
Spotify
Alibaba, Tencent, and other Chinese AI companies temporarily disabled chatbot functions like image recognition during China's annual college entrance exams
(
www.bloomberg.com
)
7 days ago
China
Alibaba
AI
chatbot
Tencent
Sources say Alibaba, Tencent, Baidu, and other Chinese companies are testing domestic alternatives as they deal with a dwindling stockpile of Nvidia processors
(
t.co
)
17 days ago
China
Alibaba
Tencent
Nvidia
Tencent reports Q1 revenue up 13% YoY to ~$25B, above ~$24.3B est., net profit up 14% YoY to ~$6.6B, below ~$7.3B est., driven by gaming business growth
(
www.cnbc.com
)
2025-5-14
Tencent
Sources: Nvidia told ByteDance, Alibaba, Tencent, and others that it is tweaking its AI chips so they can be sold in China without breaching US export rules
(
www.theinformation.com
)
2025-5-2
China
Alibaba
AI
Tencent
Nvidia
Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal
(
www.bloomberg.com
)
2025-4-26
China
Startup
Tencent
Source: ByteDance, Alibaba, and Tencent asked Nvidia to ship ~1M H20s, ideally by the end of May, but the actual number delivered fell short due to new US curbs
(
asia.nikkei.com
)
2025-4-23
Alibaba
Tencent
Nvidia
Sources: ByteDance, Alibaba, Tencent, and other Chinese companies placed $16B+ in orders for Nvidia's H20 chips in Q1 2025, ahead of a potential US sales ban
(
www.theinformation.com
)
2025-4-3
China
Alibaba
Tencent
Ban
Nvidia
Ubisoft Spins Out Subsidiary With a Billion-Dollar Investment From Tencent
(
slashdot.org
)
2025-3-28
Tencent
Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity
(
www.bloomberg.com
)
2025-3-28
Tencent
Since DeepSeek-R1's debut, Chinese companies like Baidu, DeepSeek, Tencent, Ant, and Alibaba have been flooding the market with low cost AI services and models
(
www.bloomberg.com
)
2025-3-26
China
Alibaba
AI
Tencent
Tencent unveils Hunyuan T1, which leverages large-scale reinforcement learning to rival DeepSeek's R1 in both performance and pricing
(
www.scmp.com
)
2025-3-23
Tencent
Tencent says it has slowed the pace of its GPU rollout since implementing DeepSeek, and that most of its GPU capex goes toward its ad and gaming businesses
(
www.theregister.com
)
2025-3-21
Tencent
Tencent reports Q4 revenue up 11% YoY to ~$23.9B, vs. ~$23.4B est., profit up 90% YoY to ~$7B, vs. ~$6.3B est., and domestic game revenue up 23% YoY to ~$4.6B
(
www.cnbc.com
)
2025-3-19
Tencent
4Q
Tencent releases five AI tools to turn text or images into 3D visuals and graphics, based on Hunyuan3D-2.0, and plans to integrate DeepSeek's R1 into WeChat
(
www.bloomberg.com
)
2025-3-18
AI
WeChat
Tencent
Sources: Ubisoft explores selling a stake in a new entity holding IP like Assassin's Creed to investors including Tencent, at a higher valuation than Ubisoft
(
www.bloomberg.com
)
2025-3-15
Tencent
Tencent releases new AI model, says replies faster than DeepSeek-R1
(
indianexpress.com
)
2025-2-28
AI
Tencent
Tencent releases Hunyuan Turbo S, an AI model designed to respond instantly, saying it is competitive against DeepSeek's V3 model in commonly used AI tests
(
www.bloomberg.com
)
2025-2-27
AI
Tencent
Lasso: 20,000+ once-public GitHub repositories from Microsoft, AWS, Google, IBM, Tencent, and 16,000+ other companies are still accessible via Copilot
(
techcrunch.com
)
2025-2-26
Google
Microsoft
IBM
Tencent
GitHub
Sources: Tencent, Alibaba, ByteDance, and other Chinese companies are ramping up orders for Nvidia's H20 AI chip due to booming demand for DeepSeek's models
(
www.reuters.com
)
2025-2-25
China
Alibaba
AI
Tencent
Nvidia
Tencent is testing DeepSeek for search in its messaging app Weixin, while Baidu plans to fully connect its search engine to DeepSeek and its own LLM Ernie
(
www.reuters.com
)
2025-2-17
Tencent
Sources: China's President Xi will chair a symposium on February 17 to boost private sector sentiment, with Tencent CEO Pony Ma and other tech execs attending
(
www.reuters.com
)
2025-2-15
China
Tencent
Tencent's Supercell reports 2024 revenue up 77% YoY to almost $3B from its six titles and EBITDA up ~77% to $900M+; Squad Busters made $100M+ in revenue
(
www.bloomberg.com
)
2025-2-11
Tencent
China's “mini-drama” industry grew 35% YoY to ~$6.91B in 2024, surpassing the country's box office and forcing iQiyi and Tencent to embrace short-form dramas
(
www.bloomberg.com
)
2025-2-7
China
Tencent
China's mini-drama industry grew 35% YoY to ~$6.91B in 2024, surpassing the country's box office and forcing iQiyi and Tencent to embrace short-form dramas
(
www.bloomberg.com
)
2025-2-6
China
Tencent
Chinese esports companies, including Tencent and Huya, face growth challenges in China, the world's biggest esports market; the industry earned ~$3.8B in 2024
(
t.co
)
2025-1-27
China
Tencent
Tencent unveils Hunyuan3D 2.0, an AI system that turns single images or text prompts into 3D models in seconds, and open sources it on HuggingFace and GitHub
(
venturebeat.com
)
2025-1-22
AI
Tencent
GitHub
Akamai plans to end its CDN services in China on June 30, 2026, saying customers can move to an Akamai CDN outside China or use local providers like Tencent
(
www.theregister.com
)
2025-1-8
China
Tencent
Tencent repurchased 3.93M Hong Kong shares worth $193M on January 7, its largest buyback since April 2006, following its addition to a US blacklist
(
www.bloomberg.com
)
2025-1-8
Hong Kong
Tencent
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