Recent events
Recent events tied to this brand in public sources.
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2020
Tencent sues Laoganma over unpaid advertising fees
Tencent said it sued Laoganma in a service-contract dispute, alleging that Laoganma had not paid advertising fees due under their agreement despite Tencent fulfilling its obligations. The case was still being heard by the court in the supplied reports.
2020
CICC and Tencent establish Jinteng Technology
CICC and Tencent Digital (Shenzhen), a wholly owned subsidiary indirectly held by Tencent, jointly established Jinteng Technology Information (Shenzhen) Co., Ltd. on June 24, 2020. CICC holds a 51% stake. The company was intended to provide technology-platform development and digital-operation support for CICC’s wealth-management and retail-brokerage businesses.
2020
Tencent releases TAI 3.0
Tencent released TAI 3.0, an updated version of its connected-car product, with four core service capabilities.
2020
Tencent reportedly considers buying shares in iQIYI
Reuters reported that Tencent had approached Baidu, which owned 56.2% of iQIYI, about buying iQIYI shares. The reported plan was at an early stage and could change; the potential purchase size was unclear.
2020
Tencent-led consortium agrees to take Yiche private
Yiche announced that Tencent and Hammer Capital had signed a privatization agreement to acquire Yiche shares at a premium of about 15%; the transaction was expected to complete in the second half of 2020.
2020
HNA Group, Tencent and Donica sign strategic cooperation agreement
HNA Group, Tencent and Donica signed a strategic cooperation agreement in Haikou. The parties said they would work to build “smart aviation + free trade port” and a digital aviation services platform.
2020
Tencent-Hammer Capital buyer group agrees to privatize Yiche
A buyer group consisting of Tencent and Hammer Capital signed a merger agreement with Yiche's controlling shareholder to privatize Yiche at US$16 per American depositary share. If the transaction is completed, the buyer group is to make a mandatory general offer for the relevant Yixin shares; the deal had not yet been completed in the report.
2020
Linzhi Tencent added as a shareholder of Shanghai Huake
Shanghai Huake Information Technology Co., Ltd. added Linzhi Tencent Investment Management Co., Ltd. as an investor, holding a 5.05% stake.
2020
Tencent acquires majority stake in Bohemia Interactive
Tencent purchased 70%–80% of Czech game developer Bohemia Interactive for about $260 million, becoming its largest shareholder.
2020
China Unicom and partners launch the One Code Tour Guizhou platform
China Unicom and Guizhou Province launched the One Code Tour Guizhou comprehensive smart-tourism platform, developed by Yun Jing Cultural Tourism Technology, which was jointly funded by China Unicom and Tencent.
2020
Honda China and Tencent sign strategic cooperation memorandum
Honda China and Tencent signed a strategic cooperation memorandum to explore applying Tencent's TAI in-car connectivity solution to Honda vehicles.
2020
Tencent makes strategic investment in Tims Coffee in China
Tims Coffee announced that it had received an exclusive strategic investment from Tencent; the investment amount was not disclosed.
2020
Launch of the Guangfa-Tencent co-branded Visa credit card
Visa, Tencent, and Guangfa Bank jointly released the Guangfa-Tencent co-branded Visa credit card. The card offers digital services through Tencent platforms and benefits for online overseas shopping and cross-border travel.
2020
Visa, Tencent and Guangfa Bank announce co-branded card partnership
Visa announced a partnership with Tencent and Guangfa Bank to jointly launch the Guangfa-Tencent co-branded Visa credit card, combining Tencent's digital services with Visa's payment network.
2020
Tencent investment in Tims Hortons China completed
Tencent completed an investment of several hundred million yuan in Tims Hortons China; the exact amount was not disclosed.
2020
Suiyuan Technology completes Series B funding
Suiyuan Technology announced that it had completed a RMB 700 million Series B financing round, led by SummitView Capital, with Tencent, Shanghai Shuangchuang, Haisong Capital, All Things Capital, Dattai Capital, and Redpoint China participating.
2020
Tencent completed acquisition of a 5% stake in Afterpay
Tencent said it had purchased a 5% stake in Australian payments technology company Afterpay; an exchange filing said the transfer was completed between late March and April.
2020
China Unicom launches a large-scale commercial MEC network
China Unicom announced the launch of what the article describes as the world's first large-scale commercial MEC network, alongside a white paper on MEC platform architecture and commercial practice.
2020
Tencent, Loong Airlines and Donica sign strategic cooperation agreement
Tencent, Zhejiang Loong Airlines and Shenzhen Donica Aviation Electronics signed a strategic cooperation agreement covering cabin Wi-Fi, aviation safety, big data, cloud computing and other areas.
2020
Tencent launches Tencent Zuoye Jun education service
Tencent launched the Tencent Zuoye Jun education app and a companion WeChat mini program, offering online assignment creation, distribution, submission, grading, and results statistics.