Tencent Music Becomes Exclusive Distributor Of Universal Music In Mainland China

Tencent Music Entertainment Group and Universal Music Group signed a deal under which Tencent Music will become Universal Music’s exclusive …

QQ Music Announces Business Restructuring, Personnel Changes

Chinese Internet company Tencent announced business restructuring and personnel changes for its QQ music business line. The company revealed that …

Avaya Reaches Strategic Cloud Communications Deal With Tencent

mobile advertisingAvaya (Shanghai) Enterprise Management Co., Ltd. and Tencent Cloud Computing (Beijing) Co., Ltd. signed a strategic cooperation agreement to implement …

EMS Links Its Courier Network To Tencent’s Messaging Services

WeChat and EMSChina Postal Express & Logistics Company Limited announced that they have reached a full strategic cooperation with the Chinese Internet …

Wanda Group Awakens Social Media With We-Media Coalition

Wanda We-media CoaltionChina-based Wanda Group announced that they will cooperate with 100 social We-media providers to establish the “Wanda We-media Coalition”. This …

Starwood Names Last Concubine As KOL For China Push

Westin China KOL Brand Ambassador Liu TaoU.S.-based Starwood Hotels and Resorts is taking its brand message online to Chinese consumers with the introduction of actress Liu …

Tencent’s New Quarterly Results Show Strong Growth In Cloud Computing

tencentTencent Holdings recorded gross revenue of RMB35.691 billion (US$5.382 billion) during the second quarter, a 52% increase over the same …

Tencent Grabs More Of Your Headspace In China

musicChina Music Corporation and Tencent Group joint announced that they have reached an agreement to implement a digital music business …

Tencent Unveils Social CRM Service In China

tencent-qidianChinese Internet company Tencent has launched a customer relationship management product named Tencent Qidian that integrates the company’s various social …

Censorship Is LinkedIn’s China Friend As It Boasts User Milestone

LinkedIn Censorship in ChinaShen Boyang, LinkedIn’s global vice president and China president, said that the company’s number of users in China has surpassed …

Tencent Gains Exclusive Sports Content Resources From ESPN

ESPNChinese Internet giant Tencent announced that the company has reached a deal with U.S.-based ESPN to become its exclusive sports …

China’s Tencent Invests In Another American Mobile Game Firm

Tencent reportedly invested USD60 million in the acquisition of a 20% stake in Pocket Gems, a start-up mobile game company in America. Tencent will gain one position on the board of directors at Pocket Gems, according to reports in foreign media. Founded in 2009, Pocket Gems is headquartered in San Francisco and the company is […]

Is China Mobile Now Competing With Whatsapp And Wechat?

Chinese information technology solutions provider Ultrapower’s wholly-owned subsidiary is helping China’s biggest mobile provider compete with instant messaging apps like Facebook’s Whatsapp, Tencent’s Wechat, and Apple’s iMessage.

Tencent Makes USD70 Million Bet On Chinese Healthcare Social Networking

Tencent Holdings Limited is investing USD70 million into Ting Ting Group, the owner of Chinese online healthcare service community DXY.cn. Tencent gains a minority equity stake of DXY on a fully diluted and as converted basis, and the deal is expected to close soon. DXY plans to invest the capital into developing healthcare products for […]

Microsoft Ceases World’s Final MSN Holdout In China

Microsoft will officially close its instant messaging service MSN in China on October 31, 2014. Microsoft already shut down MSN services worldwide in March 2013, with the exclusion of the Chinese mainland market; and the company started promoting its other communications product Skype. According to Microsoft, Chinese MSN services will be shut down on October […]

Xbox One Starts China Sales Via JD.com’s Social Media Channels

With a newly-minted IPO under its belt, Chinese e-commerce giant JD.com Inc. announced today that is now taking pre-orders for Microsoft’s Xbox One gaming console. As part of an agreement between the companies, JD.com will have the exclusive right to accept pre-orders for Xbox One in China from July 28-30, 2014, through JD.com’s Mobile QQ […]

Tencent Appoints New VP For E-commerce Business

Chinese Internet company Tencent sent an internal email to announce that Bu Guangqi, chief executive officer of Yixun.com, has been appointed new vice president of Tencent.

Tencent Cuts Staff In North American Game Studio

Chinese Internet company Tencent recently completed its staff layout in its North American office, and about 20 employees were dismissed during this adjustment, accounting for 40% of its total employees in North America.

Tencent’s Internet Advertising Revenue Up 58.3%

Chinese Internet company Tencent published its financial report for the fourth quarter and the entire year of 2012.

Tencent Adjusts E-commerce Subsidiary Structure In China

According to an internal email reportedly sent by Bu Guangqi, chief executive officer of Tencent’s e-commerce subsidiary 51buy.com, the company will implement a structural adjustment, aiming at sales of CNY15 billion to CNY20 billion in 2013.

Former AdChina COO Jumps To Tencent

Chinese Internet company Tencent revealed that Zheng Jingwei, former chief operating officer of AdChina, has joined Tencent as general manager for the advertising platform unit of the networking media group.

Alibaba, Tencent, Ping An Join Hands For Insurance JV In China

Ma Mingzhe, chairman of Ping An Insurance (Group) Company of China, Ltd, confirmed to Chinese local media that the company has cooperated with Alibaba Group and Tencent Group in the establishment of a new insurance joint venture for Chinese consumers.

China’s Tencent Invests USD1 Billion In E-commerce Subsidiary

Ma Huateng, chairman and chief executive officer of Tencent, has announced plans to invest USD1 billion in its independently operated e-commerce holding company.

China’s Tencent Invests CNY400 Million In South Korean Mobile Chat Application

Chinese Internet company Tencent revealed in its financial report for the first quarter of 2012 that the company acquired a 13.84% stake in KakaoTalk, a South Korean mobile communication application, for CNY403 million.

Chinese Companies Form Video Content Group

Chinese Internet video providers Sohu video, Tencent video, and Iqiyi.com have together established an organization named Video Content Cooperation to implement deeper cooperation in resource sharing, platform development, copyright protection and broadcasting sector growth.

360buy.com Offers Interest-free Loans To Employees

Chinese B2C e-commerce website 360buy.com has announced plans to offer interest-free housing and car loans to employees, and the total amount available will reach several hundred million Renminbi.

Renren.com Announces Social Travel Website In China

Chinese social networking site operator Renren.com has announced the launch of a new social travel platform Fengche.com, which has already been running for a few months.

China’s Tencent, Kingsoft Form Game Alliance

Chinese tech titans Tencent and Kingsoft will soon begin operating their online games together.