Page 2 - Tencent Holdings

PUBG Mobile emerges as top grossing mobile game worldwide for Jan 2022

About 64 per cent of PUBG Mobile's revenue was from China

PUBG owner Tencent plans to take US-listed streaming firm DouYu private

Shares in DouYu, one of Tencent's main platforms for game marketing and China's No. 2 videogame streaming site, surged as much as 17.6% on the news, closing 14% higher on Thursday

Chinese tech stocks plunge on Tencent Holdings sale, fine on Alibaba

The Hang Seng Tech Index fell 4.6%-the most since July-in a third straight day of declines

Tencent Holdings to hand out $16 bn of JD.com shares as dividend

Tencent's handout may buy goodwill with the government, which has pushed for the dismantling of barriers and for tech firms to share the wealth

China fines tech giants Alibaba, Tencent over anti-monopoly violations

Chinese tech giants including Alibaba Group and Tencent Holdings were fined Saturday for failing to report corporate acquisitions

Tencent says Beijing may support metaverse - as long as it obeys China

"The Chinese government will be in support of the development of such technologies as long as the user experience is actually provided under the regulatory framework," said Tencent's Lau

China's internet crackdown pushes Tencent to slowest profit growth in 2 yrs

Revenue climbed 13% to 142.4 billion yuan, slightly below expectations, and was the slowest quarterly growth since the company went public in 2004, Refinitiv data showed

Parents laud Chinese rules aimed at kids' 'unhealthy' gaming

Li Zhanguo's two children, aged eight and four, don't have their own smartphones, but like millions of other Chinese children, they are no strangers to online gaming

Tencent bows to regulator, opens WeChat to rival application links

Tencent had restricted users from sharing content from Douyin. In Feb, Douyin filed a complaint at a Beijing court saying this was monopolistic behaviour

China tech watchdog warns internet firms against blocking rivals

The government has accused a handful of companies of employing blocking and other methods to protect their respective spheres

China tells Alibaba, Tencent to open platforms up to each other: Report

China's industry ministry has told technology companies including Alibaba Group Ltd and Tencent Holdings Ltd to stop blocking each other's website links from their platforms: report

China tech shares rebound on easing investor worry over gaming

The Hang Seng Tech Index advanced 2.9% on Friday, pushing the index up a third straight week.

China tells gaming firms Tencent, Netease to end 'solitary' focus on profit

Tencent, the country's largest gaming company, dived as much as 6.7%, on track for its biggest fall since July, while smaller rival Netease fell as much as 7.7%.

China slashes kids' online gaming time to just three hours a week

The escalating restrictions on Tencent's biggest business are likely to spook investors that had cautiously returned to Chinese stocks in recent days

China expands power in cyberspace with new rules on digital platforms

TSMC overtakes Tencent to become Asia's most valuable company; Alibaba at record low in HK

Tencent Holdings beats estimates with gaming and advertising uplift

Robust demand for games such as "Honor of Kings" and "PUBG mobile" offset a decrease in revenues from its battle royale title "Peacekeeper Elite"

Tencent boss Pony Ma loses $14 billion in crackdown, more than Jack Ma

While Pony has long had a reputation for staying out of the limelight, that hasn't shielded his company from penalties including antitrust fines and the loss of exclusive music streaming rights

China's Tencent shares dive post 'spiritual opium' critique of online games

Tencent joined rivals NetEase Inc. and XD Inc. in a steep selloff after an outlet run by the Xinhua News Agency published a blistering critique of their industry.

Tencent becomes world's worst stock bet with $170 billion wipeout

The firm is one of the key casualties of an official campaign that targets tech behemoths considered a potential threat to China's data security.

China govt targets mobile pop-ups in latest crackdown on tech sector

Pop-ups, often used for advertising, are just the latest targets in a series of government crackdowns that have ranged from antitrust to data security