Recent events
Recent events tied to this brand in public sources.
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2020
Tencent fined for advertising violation involving 看点快报
The Nanshan Market Supervision Administration fined Shenzhen Tencent Computer Systems Co., Ltd. 200,000 yuan for an advertising violation related to a 看点快报 cash-reward promotion. Tencent said the promotion used the absolute advertising wording “立即提现,” which misled users and prompted complaints.
2020
Tencent company fined over alleged advertising violations
The Shenzhen Nanshan Market Supervision Administration fined Shenzhen Tencent Computer System Co., Ltd. RMB 200,000 over alleged false advertising and use of absolute advertising language. The report says the conduct violated the Advertising Law.
2020
OCT Group and Tencent sign strategic cooperation agreement
OCT Group and Tencent signed a strategic cooperation agreement to jointly develop a digital cultural-tourism ecosystem and accelerate digital transformation across the sector. The agreement provides for establishing a joint venture.
2020
Yuanfudao closes US$2.2 billion financing
Yuanfudao announced that it had closed its US$2.2 billion Series G1 and G2 financing rounds, increasing the company’s valuation to US$15.5 billion. The G1 round was led by Tencent and the G2 round by DST Global.
2020
Call of Duty: Mobile released in China via public beta
Call of Duty: Mobile became officially available in China via a public beta test on October 20. The game is licensed by Activision Blizzard and developed by Tencent.
2020
Tencent agrees to transfer its Penguin Esports business to DouYu
Tencent and DouYu signed a restructuring agreement under which Tencent would transfer its Penguin Esports-branded game-streaming business to DouYu for $500 million.
2020
Douyu and Huya merger plan announced
The source reports a plan in which Tencent would transfer its Penguin Esports game-streaming business to Douyu for $500 million, after which Douyu and Penguin Esports would combine with Huya. The source says the combined company would give Tencent 67.5% of voting rights; completion is described as a future step.
2020
Tencent and Sogou reach final privatization agreement
Sogou announced that it had reached a final agreement with Tencent on a privatization transaction under which Sogou would become Tencent's wholly owned subsidiary; the transaction was expected to be completed in the fourth quarter of 2020.
2020
Tencent and Tsinghua University form anniversary cooperation
Tencent and Tsinghua University agreed to cooperate on research, cultural and creative projects, student internships, and youth science education in connection with Tsinghua University's 110th anniversary.
2020
Laobaixing and Tencent deepen strategic cooperation
Laobaixing disclosed that Linzhi Tencent acquired shares representing 1.07% of its total share capital from its controlling shareholder, and that the parties signed a supplemental strategic cooperation agreement to continue their business cooperation.
2020
Court rules in Tencent unfair-competition case
The Shenzhen Intermediate People's Court ruled in Tencent's unfair-competition case against an unnamed company and an individual, ordering the defendants to pay compensation and publish a statement on Tencent's website to eliminate the impact.
2020
Tencent renames WeChat Work as WeCom
Tencent changed the name of its WeChat Work office collaboration app to WeCom.
2020
Tencent completes full ownership of Huya's operating entity
Tencent reportedly completed its full ownership of Huya's operating entity. Corporate records showed that on September 18 the entity changed from another limited liability company to a wholly owned limited liability company.
2020
Evergrande Auto announces HK$4 billion share placement
Evergrande Auto announced a share placement to raise HK$4 billion to support its new-energy vehicle business. The reported investors included Tencent, Sequoia Capital, Yunfeng Fund and Didi.
2020
Tencent and Intel launch a four-socket Xingxinghai server
Tencent and Intel jointly developed and launched Tencent Cloud's first four-socket Xingxinghai server, equipped with third-generation Intel Xeon Scalable processors.
2020
Tencent unveils AR navigation
Tencent unveiled its AR navigation service, which uses lane-level identification and positioning technology. The article says production vehicle models equipped with the navigation are scheduled to launch within the year.
2020
Tencent launches We Transport smart-transport strategy
Tencent announced its We Transport smart-transport strategy and a full-lifecycle solution for the transportation industry, intended to support smarter urban transport.
2020
Tencent responds to incident involving a WeChat account ban
Tencent responded to reports that someone had jumped from a building after a WeChat account was banned, saying the account had violated rules and that company employees had not communicated or interacted with the person.
2020
Razer and Tencent release custom esports bundle
Razer and Tencent released a custom esports bundle comprising four gaming accessories tailored for Tencent esports.
2020
Waterdrop completes $230 million Series D financing
Waterdrop announced that it had completed a $230 million Series D financing, co-led by Swiss Re Group and Tencent, with existing investors including IDG Capital and Enlight Growth Partners also participating.