Recent events
Recent events tied to this brand in public sources.
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2021
Tencent announces 2020 annual and fourth-quarter results
Tencent announced its unaudited consolidated results for the fourth quarter of 2020 and audited consolidated results for the year ended December 31, 2020.
2021
Ubitus completes strategic funding round led by Tencent
Ubitus completed a strategic funding round reported as US$40 million, with Tencent leading and Sony Innovation Fund, Square Enix Holdings, and Actozsoft participating. The article also reports an anonymous source's estimate that the amount was at least US$45 million; Ubitus had not disclosed the specific details.
2021
Fenbeitong completes $92.5 million Series C funding
Fenbeitong announced that it had completed $92.5 million in Series C funding. Hillhouse and Tencent jointly led the round, and existing investors IDG Capital, Ribbit Capital, Eight Roads Capital, and Glade Brook Capital also participated.
2021
Evergrande Auto and Tencent affiliate announce joint venture
Evergrande Auto and Tencent affiliate Beijing Wutong Connected Technology signed an agreement to establish a joint venture, contributing 60% and 40%, respectively, to develop an in-vehicle intelligent operating system.
2021
Rakuten announces share placement to Tencent affiliate
Rakuten announced a third-party share placement that included 57.383 million shares allocated to a Tencent subsidiary for 65.7 billion yen.
2021
Chinese regulator fines Tencent and TAL for unreported acquisitions
On March 12, China's State Administration for Market Regulation fined Tencent and TAL Education Group 500,000 yuan each over acquisitions involving Yuanfudao and DaDa Education that the regulator found had been implemented without the required filing. The regulator said the concentrations did not have the effect of eliminating or restricting competition.
2021
Tencent and Rakuten announce strategic cooperation
Tencent announced an investment in Rakuten and said it expected to pursue strategic cooperation with Rakuten in areas including digital entertainment and e-commerce.
2021
Fadada completes Series D funding
Fadada announced that it completed a 900 million yuan Series D funding round led by Tencent, with Zhongwei Capital and Dazheng Capital also participating.
2021
Arctic Vision completes over US$100 million Series B financing
Arctic Vision announced that it completed a Series B financing of more than US$100 million, led by Zhengxin Valley Capital, with Tencent, Octagon Capital and others participating.
2021
Tencent RedMagic 6 and RedMagic 6 Pro unveiled
Nubia and Tencent unveiled the Tencent RedMagic 6 and Tencent RedMagic 6 Pro gaming smartphones. The phones were available for pre-order in China starting March 4, with sales scheduled to begin March 11.
2021
Nubia and Tencent partner on RedMagic 6 smartphones
Nubia partnered with Tencent to unveil the Tencent RedMagic 6 and Tencent RedMagic 6 Pro gaming smartphones in China.
2021
Tencent launches Max quadruped robot
Tencent launched Max, described in the article as its first fully self-developed multimodal quadruped robot combining legged and wheeled movement.
2021
Tencent launches a standalone Peace Elite cloud-game app
Tencent officially launched a standalone cloud-game version of its Peace Elite mobile game, named “和平精英云游戏.”
2021
Court accepts Douyin's appeal in Tencent jurisdiction dispute
Fujian High People's Court decided to docket Douyin's appeal on February 19, challenging the transfer of its unfair-competition case against Tencent to a Shenzhen court.
2021
Yuanxin Technology completes RMB 3 billion Series E financing
Yuanxin Technology announced that it completed a RMB 3 billion Series E financing round, jointly led by Sequoia Capital China Fund and Tencent, with other investors participating.
2021
Court dismisses claim over WeChat friend-relationship data
The Harbin Xiangfang District People's Court dismissed Mr. Wang's claims against Tencent, finding that the WeChat friend relationships he claimed were private did not constitute his privacy and that related user-relationship information could be reasonably used in affiliated products subject to legal requirements.
2021
Tencent denied Douyin’s allegations
Tencent responded to Douyin’s antitrust lawsuit by saying it had not received the relevant materials and that the allegations were untrue and maliciously fabricated. Tencent also said it would continue to file lawsuits over alleged violations by ByteDance and related companies.
2021
MiTu Children's Learning Watch 4Pro adds WeChat for children's watches
MiTu Children's Learning Watch 4Pro added a children's-watch version of WeChat, with features including messaging, photo sharing, and voice and video calls. The article says the feature was launched in collaboration with Tencent.
2021
Court transfers Douyin–Tencent competition case to Shenzhen
The Fuzhou Intermediate People's Court ruled that the case concerning Douyin's unfair-competition lawsuit against Tencent should be heard in Shenzhen, and transferred it to the Shenzhen Intermediate People's Court. The underlying allegations remain allegations in the supplied report.
2021
Tencent discloses anti-fraud investigation findings
Tencent disclosed findings from its anti-fraud investigations, reporting more than 60 cases of violations since the fourth quarter of 2019, over 100 employees dismissed, and more than 40 people transferred to public security authorities on suspicion of crimes. The notice described cases involving employees accused of taking bribes or misappropriating company property.