Tencent Grabs More Of Your Headspace In China
China Music Corporation and Tencent Group joint announced that they have reached an agreement to implement a digital music business …
Censorship Is LinkedIn’s China Friend As It Boasts User Milestone
Shen Boyang, LinkedIn’s global vice president and China president, said that the company’s number of users in China has surpassed …
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 […]
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 […]
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 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.
China’s Tencent To Introduce Overseas B2C Services In 2012
Chinese Internet company Tencent will soon launch its Internet shopping platform Buy.qq.com, which plans to introduce an overseas B2C service in 2012.
China’s NetEase.com Launches IM Product For Corporate Users
Chinese Internet company NetEase.com has announced the official launch of its instant messaging product for corporate users.
Tencent To Operate New South Korean Online Game In China
Chinese Internet company Tencent has gained the rights to operate Blade & Soul, a new online game developed by the South Korean company NCsoft, on the Chinese mainland.
China’s Tencent Net Profit Up 56.2% In 2010
Chinese Internet company Tencent has published its annual financial report for 2010, stating that its net profit increased by 56.2% year-on-year to CNY8.054 billion.
China’s Ganji.com Develops Group Buying Internet Service With COFCO
Chinese lifestyle information website Ganji.com has launched a new collective buying product, which will first cooperate with Womai.com owned by COFCO Group in providing group buying deals in Beijing.
Groupon, Tencent Establish Gaopeng.com
Jointly invested by Groupon, Tencent Collaboration Fund and Yunfeng Capital, the collective buying website Gaopeng.com has been launched in China.
Shanda’s Mochi Media Warns Tencent About Game Infringement
Mochi Media, a Flash game development platform owned by Shanda Games, has issued an open letter, claiming that the Chinese Internet company Tencent has pirated its games.
Malware Attacks Don’t Keep Tencent From Generating More China Revenue
Tencent Holdings Limited, one of China’s top Internet firms, announced its unaudited consolidated results for the third quarter ended September 30, 2010.
APAC: 4,000 Fake “Taobao” Websites Closed By July 2010
The Anti-Phishing Alliance of China has announced that by the end of July 2010, the alliance had received 19,817 reports related to phishing websites, and e-commerce websites were the most imitated ones.
Tencent To Acquire Remaining Stake In SZdomain For CNY150 Million
The Chinese Internet company Tencent Holdings Limited has published an announcement, stating that it will acquire the remaining 40% stake in SZdomain, a Shenzhen-based online game developer and operator, for a consideration of over CNY150 million. On the completion of this transaction, Tencent will own the complete stake in SZdomain. Tencent said that it will […]