Tencent
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Shares in Tencent plummeted more than seven percent in Hong Kong
Jan 8, 2025Shares in technology giant Tencent plummeted more than seven percent in Hong Kong on Tuesday after it was named by the United States in a list of “Chinese military companies”. Major battery manufacturer CATL, which was... -
Chinese tech giant Tencent dismissed more than 120 employees for violating its anti-fraud rules
Feb 6, 2024Chinese tech giant Tencent said it last year dismissed more than 120 employees for violating its anti-fraud rules, including for corruption and embezzlement. The Hong Kong-listed company is the world’s top video game maker and the... -
Tencent has cut more than 5,000 staff and shut down parts of its business
Aug 18, 2022Chinese tech giant Tencent has cut more than 5,000 staff and shut down parts of its business as it grapples with its first sales fall in its history. Revenue at the firm slipped 3% year-on-year in... -
China’s messaging app WeChat denied “storing chat histories”
Jan 2, 2018WeChat’s privacy policy states that it may need to retain and disclose users’ information in response to a request by the government or law enforcement. In a carefully worded riposte, China’s most popular messaging app WeChat... -
German flying taxi startup Lilium has raised $90 million financing from Tencent
Sep 5, 2017News Hour: Lilium, a German start-up with Silicon Valley-scale ambitions to develop a 5-passenger “flying taxi”, has raised a second, $90 million round of financing from top tech investors, making it one of the best-funded electric... -
WeChat blocked in Russia
May 7, 2017News Hour: Chinese internet giant Tencent said on Saturday its messaging app WeChat had been blocked in Russia, adding it was in touch with authorities to resolve the issue. WeChat, known as Weixin in China, is... -
Tencent to donate 2 percent of its annual profit to charity in the use of mobile internet in China
Sep 25, 2016News Hour: Chinese billionaire Pony Ma Huateng, the founder of internet group Tencent, on Friday said his company would donate 2 percent of its annual profit to charity and flagged growth in the use of mobile...
