Recent events
Recent events tied to this brand in public sources.
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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.
2021
Douyin files antitrust lawsuit against Tencent
Douyin said it filed an antitrust lawsuit against Tencent at the Beijing Intellectual Property Court, alleging that Tencent restricted sharing of Douyin content through WeChat and QQ and seeking an order to stop the conduct and compensation. The source reports allegations, not a court determination.
2021
Douyin sues Tencent over alleged restrictions on sharing
Douyin said it had sued Tencent, alleging that Tencent used WeChat and QQ to restrict users from sharing Douyin content and asking the court to order Tencent to stop the conduct and pay compensation.
2021
Tencent responds to Douyin lawsuit
Tencent responded to Douyin's lawsuit, saying it had not received the relevant materials and calling ByteDance's allegations false and maliciously fabricated. Tencent also said it would continue to file lawsuits.
2021
ByteDance sues Tencent over alleged monopolistic conduct
ByteDance sued Tencent in Beijing, alleging that Tencent violated Chinese antitrust laws by blocking access to Douyin content on WeChat and QQ. ByteDance sought an order to stop the conduct and 90 million yuan in compensation. Tencent called the accusations false and malicious and said it had not received lawsuit materials.
2021
Douyin filed an antitrust lawsuit against Tencent
Douyin filed an antitrust lawsuit against Tencent in the Beijing Intellectual Property Court, seeking an order for Tencent to stop the alleged monopolistic conduct, publish a statement, and pay 90 million yuan in damages and related costs. The article reports that the court had not yet formally accepted the case or begun a trial.
2021
Yuanxin Technology completes 3 billion yuan Series E funding
Yuanxin Technology announced that it completed a 3 billion yuan Series E funding round, co-led by Sequoia Capital China and Tencent, with other investors participating.
2021
Tencent acquires a majority stake in Klei Entertainment
Tencent purchased a majority stake in Klei Entertainment. The news was revealed by Klei founder Jamie Cheng on the studio’s official forums.
2021
Tencent agrees to acquire a majority stake in Klei
Klei announced that it had reached an agreement for Tencent to acquire a majority stake in the company.
2021
Tencent launches blockchain electronic evidence service
Tencent released a blockchain-based electronic evidence service system.
2021
Geely and Tencent agree to develop smart-car technology
Zhejiang Geely Holding Group said it signed an agreement with Tencent to develop smart vehicle cockpits and autonomous driving. The companies planned to jointly develop smart car cockpits with more mobile and mobility service applications and explore autonomous-driving tests.
2021
Geely and Tencent sign strategic cooperation agreement
Geely Auto Group and Tencent signed a strategic cooperation agreement in Hangzhou covering smart cockpits, autonomous driving, digital marketing and other areas, including plans to establish a carbon-neutral open platform.
2021
Geely and Tencent sign strategic cooperation agreement
Geely Auto Group and Tencent signed a strategic cooperation agreement in Hangzhou covering areas including intelligent cockpits, autonomous driving, digital marketing, digital infrastructure and low-carbon development.
2021
Yunji Technology completes Series C funding
Service robotics company Yunji Technology announced that it had completed a Series C funding round led by Qiming Venture Partners, with CITIC Securities Investment participating and existing shareholders Tencent, Lenovo Capital, Boiling Point Capital and Lanting Capital continuing to invest.
2021
Court rules in Alibaba–Tencent music copyright dispute
A Chinese court ordered Tencent Technology (Shenzhen) and Shenzhen Tencent Computer System to pay Alibaba Culture Media RMB 432,000 for economic losses and reasonable costs of stopping the alleged infringement. The judgment granted the payment claim in part and rejected Alibaba Culture Media's other claims.
2021
U.S. WeChat users sue Tencent over alleged monitoring and censorship
A group of U.S. WeChat users and Citizen Power Initiatives for China sued Tencent, alleging that monitoring and censorship of communications violated privacy rights. The plaintiffs sought a court order allowing them to use the app without political censorship and surveillance. Tencent did not comment on the report.
2021
Tencent affiliate takes a stake in Youlu Interactive
Linzhi Tencent Technology became a shareholder of Xiamen Youlu Interactive Technology, and the report says it holds an 8% stake. The report states that the company's registered capital increased from about RMB 3.0902 million to about RMB 3.3589 million.