{ "schemaVersion": "1.4.0", "language": "en", "slug": "tencent", "brandKey": "tencent", "canonicalName": "Tencent", "canonicalUrl": "https://brand.com/brand-wiki/tencent", "jsonUrl": "https://brand.com/brand-wiki/tencent/json", "markdownUrl": "https://brand.com/brand-wiki/tencent/md", "name": "Tencent", "oneLiner": "A Chinese technology conglomerate whose ecosystem spans social networking, digital content, video games, fintech, cloud computing, advertising, and investment.", "summary": "Tencent Holdings is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen. Founded in 1998, it developed from an instant-messaging business into one of the most diversified internet groups in the world. Its principal consumer platforms include QQ and WeChat, while its broader businesses cover online and mobile games, music, video, news, advertising, payment services, cloud computing, artificial intelligence, enterprise software, and digital content.\n\nThe company’s first major product was OICQ, an instant-messaging service launched in 1999 and later renamed QQ after a naming dispute involving ICQ. Tencent initially monetized QQ through advertising, premium memberships, mobile value-added services, and virtual goods. A major strategic shift came through the development of Weixin, launched in 2011 and subsequently marketed internationally as WeChat. WeChat combined messaging with social feeds, payments, mini-programs, commerce, public accounts, media, and business services, turning it into a highly integrated platform rather than a conventional messaging application.\n\nGaming became another central pillar. Tencent operates internal studios and publishes games developed by affiliated companies around the world. It has held or acquired significant interests in studios including Riot Games, Supercell, Epic Games, and other developers, making it one of the most influential companies in the global games industry. Its games portfolio includes competitive multiplayer, mobile, casual, and massively multiplayer titles, while its investment model has generally allowed portfolio companies substantial operating autonomy.\n\nTencent also operates Tencent Video, QQ Music and related music services, Tencent Cloud, WeBank-related financial technology services, advertising systems, and enterprise communication and productivity products. Its investment arm has taken positions in hundreds of technology, entertainment, e-commerce, mobility, media, and gaming businesses. These investments have extended Tencent’s reach beyond China while also giving it access to international intellectual property, distribution capabilities, and technical expertise.\n\nThe company is incorporated in the Cayman Islands through its listed holding structure and trades on the Hong Kong Stock Exchange. Its largest reported strategic shareholder has historically been Prosus, the international investment group descended from Naspers’s Tencent investment. Tencent remains active in China and internationally, although its operations are shaped by Chinese rules concerning gaming, data, financial technology, competition, online content, and platform governance. Its present identity is therefore both that of a consumer internet brand, centered on WeChat and QQ, and a technology holding company with extensive investments and enterprise infrastructure businesses.", "aliases": [ "腾讯控股有限公司", "Tencent Holdings Limited", "Tencent Inc.", "Tencent Holdings Ltd", "Tencent Holdings", "腾讯控股" ], "entityType": "corporate_brand", "l1Slug": "communication-services", "l1": "Communication Services", "l2Slug": "media-entertainment", "l2": "Media & Entertainment", "l3Slug": "entertainment", "l3": "Entertainment", "l4Slug": "video-games", "l4": "Game Developers & Studios", "country": "China", "headquarters": "Tencent Binhai Mansion, Nanshan District, Shenzhen, Guangdong, China", "operatingMarkets": [ "China", "Global" ], "foundedYear": 1998, "founder": "Ma Huateng (Pony Ma) · Zhang Zhidong · Xu Chenye · Chen Yidan (Charles Chen) · and Zeng Liqing", "website": "https://www.tencent.com", "websiteHost": "tencent.com", "parentCompany": "Tencent Holdings Ltd.", "owner": "Tencent Holdings Ltd.", "groupOrHouse": "Tencent Group", "listedStatus": "public", "ticker": "0700.HK", "status": "active", "enrichmentStatus": "wiki_ok", "typicalProducts": [ "WeChat", "QQ", "Tencent Games", "Tencent Video", "Tencent Cloud", "QQ Music", "WeChat Pay", "Tencent Meeting", "Tencent News", "Tencent AI services" ], "flagshipOfferings": [ "WeChat", "QQ", "Tencent Games", "WeChat Pay", "Tencent Cloud" ], "positioning": "A broad digital ecosystem combining social communication, entertainment, financial technology, advertising, cloud infrastructure, and strategic technology investment.", "sameAs": [ "https://www.tencent.com" ], "claimStatus": "unverified", "wikiVerified": false, "updatedAt": "2026-11-03T13:16:17.321Z", "generatedAt": "2026-10-07T13:44:05.115Z", "executives": [ { "name": "Martin Lau Chi-ping", "title": "President", "isCurrent": true, "startYear": 2006, "endYear": null }, { "name": "Ma Huateng (Pony Ma)", "title": "Co-founder, Chairman and Chief Executive Officer", "isCurrent": true, "startYear": 1998, "endYear": null }, { "name": "Zhang Zhidong (Tony Zhang)", "title": "Co-founder and former Chief Technology Officer", "isCurrent": false, "startYear": 1998, "endYear": 2014 } ], "news": [ { "headline": "Companies jointly release an agent-development self-discipline convention", "year": 2026, "eventDate": "2026-11-04", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "At the 2026 World Internet Conference Wuzhen Summit, Tencent, Ant, Alibaba and Douyin, among other agent-ecosystem participants, jointly drafted and released the Agent Development Self-Discipline Convention under the organization of the China Federation of Internet Societies and other organizations.", "tags": [], "isScandal": false, "sourceUrl": "https://tech.caijing.com.cn/20261104/5191812.shtml" }, { "headline": "Oracle abandons Tencent AI deal", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-11-04", "publishedDatePrecision": "day", "summary": "Reuters reported, citing the Financial Times, that Oracle abandoned a $7 billion AI deal with Tencent under pressure from the Trump administration.", "tags": [], "isScandal": false, "sourceUrl": "https://news.google.com/rss/articles/CBMivgFBVV95cUxNZWJQOGRuTGwyaDdhNm9pUkwxSTdndmhaLTI1MTAzYUdpd0EyNE1YT2xGeFNVbGNKRXhOa1Fob3QyOS05RnJReHJ6N3BhWlNBNXJXaU5XN3hzcllGUzRHbGVfTU9sUlNZNlNwd3FvMHA5VE9CcDRoQXJFNGQ3X29ZeDJEbXliRHB5a2FGVVBpUklwLTBfaG05UC1iR1VLd3kxNDFlVnlvV05LZDVvaVN5VUFaNm1PVDBmZVN6V2h3?oc=5" }, { "headline": "Tencent partners with Cyberlite India on gaming-career research", "year": 2026, "eventDate": "2026-11-03", "datePrecision": "day", "publishedAt": "2026-11-03", "publishedDatePrecision": "day", "summary": "Tencent partnered with Cyberlite India to support a multi-city research programme exploring students', parents' and educators' perspectives on careers in the video game industry.", "tags": [], "isScandal": false, "sourceUrl": "https://economictimes.indiatimes.com/tech/technology/tencent-partners-with-cyberlite-india-to-support-research-programme-on-gaming-career/articleshow/135507762.cms" }, { "headline": "Marvis launches on Tongxin UOS", "year": 2026, "eventDate": "2026-11-03", "datePrecision": "day", "publishedAt": "2026-11-03", "publishedDatePrecision": "day", "summary": "Tencent's AI assistant Marvis launched on Tongxin UOS, with support for its community, education, and professional editions.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/discovery/2026-11-03/doc-inixmnqa6769590.shtml" }, { "headline": "Tencent launches Buddy One", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": "2026-10-29", "publishedDatePrecision": "day", "summary": "Tencent launched Buddy One, a cross-application AI collaboration system for individual users that connects WorkBuddy, Tencent Docs, Tencent Meeting, Tencent Drive and ima, with shared account access, AI points and some service benefits.", "tags": [], "isScandal": false, "sourceUrl": "https://tech.ifeng.com/c/8xcQElLpVFu" }, { "headline": "Tencent and Visa expand payments partnership", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": "2026-10-29", "publishedDatePrecision": "day", "summary": "Tencent and Visa signed an agreement to expand cooperation in cross-border payments, AI-powered commerce and international money transfers.", "tags": [], "isScandal": false, "sourceUrl": "https://www.cnbc.com/2026/10/29/tencent-visa-citi-mastercard-.html" }, { "headline": "Tencent launches Buddy One", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Tencent announced and launched Buddy One, a cross-app AI collaboration system for individual users that connects Tencent collaboration products and shares the WorkBuddy Agent foundation, account and points system.", "tags": [], "isScandal": false, "sourceUrl": "https://www.yangtse.com/news/ch/202610/t20261029_407364.html" }, { "headline": "Tencent launches Buddy One", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": "2026-10-29", "publishedDatePrecision": "day", "summary": "Tencent announced Buddy One, a cross-application AI collaboration system for individual users that connects Tencent office collaboration products, shares a WorkBuddy Agent foundation, and provides a unified account and points pool.", "tags": [], "isScandal": false, "sourceUrl": "https://original.ifeng.com/c/8xc7CpnUCIW" }, { "headline": "Tencent launches cloud storage for agent applications", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": "2026-10-29", "publishedDatePrecision": "day", "summary": "Tencent launched a cloud storage service for agent applications to provide unified storage for work-related context and generated outputs.", "tags": [], "isScandal": false, "sourceUrl": "https://tech.ifeng.com/c/8xcQElLpVFu" }, { "headline": "Tencent introduces Buddy One and Tencent Cloud Disk", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": "2026-10-31", "publishedDatePrecision": "day", "summary": "At the 2026 Tencent Global Digital Ecosystem Summit, Tencent introduced the Buddy One office collaboration suite and the new Tencent Cloud Disk product, and further opened WorkBuddy platform capabilities.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/roll/2026-10-31/doc-inixcfyq4797210.shtml" }, { "headline": "Tencent launches Tencent Cloud Drive", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Tencent formally launched Tencent Cloud Drive, a memory-space product designed to provide unified storage for the WorkBuddy suite and preserve and retrieve context and outputs generated by agents.", "tags": [], "isScandal": false, "sourceUrl": "https://www.yangtse.com/news/ch/202610/t20261029_407364.html" }, { "headline": "Tencent launches Buddy One", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": "2026-10-29", "publishedDatePrecision": "day", "summary": "Tencent announced Buddy One, a cross-application AI collaboration system for individual users that connects several Tencent office and collaboration products and shares the WorkBuddy Agent foundation.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/digi/2026-10-29/doc-iniwwiew6073368.shtml" }, { "headline": "Tencent announces upcoming Hy4 model", "year": 2026, "eventDate": "2026-10-29", "datePrecision": "day", "publishedAt": "2026-10-29", "publishedDatePrecision": "day", "summary": "At the Global Digital Ecosystem Summit on October 29, 2026, Tencent announced that its new large language model Hy4 would be released soon. The article says Hy4 adds visual understanding and improves performance in areas including long-horizon task processing and productivity applications.", "tags": [], "isScandal": false, "sourceUrl": "https://ai.zol.com.cn/1266/12663552.html" }, { "headline": "DeepSeek raises approximately RMB 100 billion", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-10-22", "publishedDatePrecision": "day", "summary": "Bloomberg reported that DeepSeek raised approximately RMB 100 billion in a new funding round, with CATL and Tencent among the largest investors.", "tags": [], "isScandal": false, "sourceUrl": "https://www.zaobao.com.sg/news/china/story20261022-9876022" }, { "headline": "Tencent-led consortium acquires stake in Universal Music Group", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-10-19", "publishedDatePrecision": "day", "summary": "A Tencent-led consortium, joined by Tencent Music Entertainment Group and global financial investors, acquired a 10% equity stake in Universal Music Group from Vivendi.", "tags": [], "isScandal": false, "sourceUrl": "https://www.marketing-interactive.com/tencent-led-consortium-acquires-10-of-universal-music-group-from-vivendi" }, { "headline": "WorkBuddy education public-benefit version launches", "year": 2026, "eventDate": "2026-10-19", "datePrecision": "day", "publishedAt": "2026-10-19", "publishedDatePrecision": "day", "summary": "Tencent launched the WorkBuddy education public-benefit version for in-service teachers nationwide, offering 12 months of points free.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/roll/2026-10-19/doc-inivtpwq0902228.shtml" }, { "headline": "Tencent becomes a shareholder of Aifei Zhiyao (Beijing) Technology", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-10-15", "publishedDatePrecision": "day", "summary": "A business registration change shows Aifei Zhiyao (Beijing) Technology Co., Ltd. added new shareholders including Shanghai Qishan Investment Co., Ltd., a Tencent subsidiary, and Tianjin Xinglian Jianrong Haihe Venture Capital Fund Partnership (Limited Partnership), and its registered capital increased from RMB 10 million to RMB 12 million.", "tags": [], "isScandal": false, "sourceUrl": "https://www.163.com/dy/article/L99R000I0550WHYR.html" }, { "headline": "DeepSeek's second funding round nears completion with proposed raise increased to about 100 billion yuan", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-10-14", "publishedDatePrecision": "day", "summary": "DeepSeek's second funding round is nearing completion; the proposed raise has been increased from 50 billion yuan to about 100 billion yuan while the pre-money valuation remains about 500 billion yuan. New and existing shareholders are each proposed to invest about half; new investors include Shixi Capital (石溪资本), Zhongxin Juyuan (中芯聚源), CPE Yuanfeng (CPE 源峰), Legend Capital (君联资本) and Geely (吉利), while existing shareholders including CATL (宁德时代) and Tencent (腾讯) continue to participate.", "tags": [], "isScandal": false, "sourceUrl": "https://www.163.com/dy/article/L96G80FM0511B8LM.html" }, { "headline": "Tencent raises over US$5.7 billion in bond issuance to fund AI investment expansion", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Tencent issued more than US$5.7 billion in bonds to raise funds for its AI investment expansion, as stated in the briefing's headline and summary.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.eastmoney.com/a/202610143894795943.html" }, { "headline": "Manus completes funding round exceeding $500 million", "year": 2026, "eventDate": "2026-10-08", "datePrecision": "day", "publishedAt": "2026-10-08", "publishedDatePrecision": "day", "summary": "Manus's parent company Butterfly Effect announced that Manus had completed a funding round exceeding $500 million, with Boyu Capital and IDG leading the round and Tencent, Sequoia China, and ZhenFund participating. The post-money valuation reached $4 billion.", "tags": [], "isScandal": false, "sourceUrl": "https://www.zaobao.com.sg/finance/china/story20261008-9806401" }, { "headline": "Tencent leases 100,000 chips from Oracle to accelerate AI push", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-10-01", "publishedDatePrecision": "day", "summary": "A Financial Times report carried by Reuters says that China's Tencent is leasing 100,000 chips from Oracle to accelerate its AI push.", "tags": [], "isScandal": false, "sourceUrl": "https://news.google.com/rss/articles/CBMiuwFBVV95cUxNR3F1ZTMtVFZsOVNXOEU4X09jTTI0RDVYNUJmQUNVVUhJQkV6YlRmdldFaWwyVzU1UnZLQl9Ia0tqTHlBZ09SUXZ6VC1kcEx6bjQyQlgxXzI1YVpwYldSV3NwNXZRRkFPSWQzclhFbE04anBtbnRZV2FwRUlIMmU2eVV3M0VscEE1Znd5bU5rNEhwWVVXdlR0c2tIbnlnald3VVBJdVFiTDZMUmhqV0x1bE1jVVR2STZ5bHdF?oc=5" }, { "headline": "Sharpa raises over 4.5 billion yuan in funding", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-08-29", "publishedDatePrecision": "day", "summary": "Sharpa, an AI robotics company focused on dexterous manipulation, has completed a funding round of more than 4.5 billion yuan, according to Yicai. Investors include Alibaba, Meituan, Tencent, JD.com and Transsion, along with Sequoia China, Qiming Venture Partners, Meituan Dragon Ball and Guanghe Ventures; the funds will go to core technology R&D and talent.", "tags": [], "isScandal": false, "sourceUrl": "https://www.ifanr.com/1676877" }, { "headline": "Tencent releases Hy4 Preview AI model", "year": 2026, "eventDate": "2026-08-28", "datePrecision": "day", "publishedAt": "2026-11-04", "publishedDatePrecision": "day", "summary": "Tencent released Hy4 Preview, a low-cost, open-weight AI model, on August 28, 2026. It is available through Tencent Cloud, OpenRouter, Tencent AI applications, and supported model repositories.", "tags": [], "isScandal": false, "sourceUrl": "https://propakistani.pk/2026/11/04/tencent-unveils-its-most-powerful-ai-model-at-extremely-low-cost/" }, { "headline": "Tencent reports Q2 2026 financial results", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-08-13", "publishedDatePrecision": "day", "summary": "Tencent Holdings released its Q2 2026 financial results, reporting revenue of RMB 204.79 billion, with value-added services revenue of RMB 98.41 billion.", "tags": [], "isScandal": false, "sourceUrl": "https://www.163.com/dy/article/L46S8JHE05119FMA.html" }, { "headline": "Tencent releases Q2 2026 financial results", "year": 2026, "eventDate": "2026-08-12", "datePrecision": "day", "publishedAt": "2026-08-12", "publishedDatePrecision": "day", "summary": "Tencent Holdings released its Q2 2026 financial report on August 12, 2026, reporting revenue of RMB 204.785 billion, up 11% year over year, net profit attributable to equity holders of RMB 56.022 billion, up 0.7%, and non-IFRS net profit attributable to shareholders of RMB 68.415 billion, up 9%.", "tags": [], "isScandal": false, "sourceUrl": "https://www.163.com/dy/article/L45O8QSR055040N3.html" }, { "headline": "Tencent embeds Xiaowei AI agent into WeChat ecosystem", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-08-12", "publishedDatePrecision": "day", "summary": "Tencent has begun small-scale prototype testing of its AI agent \"Xiaowei\" inside WeChat, with some users experiencing the feature since June. Built on Tencent's self-developed WeLM large model, Xiaowei is positioned as an ecosystem-orchestrating agent integrated into WeChat's existing product system, supporting text and voice interaction for tasks such as group chat summaries, copywriting, and schedule reminders, and can trigger mini-programs for services like food delivery, travel, and registration.", "tags": [], "isScandal": false, "sourceUrl": "https://ai.zol.com.cn/1231/12312854.html" }, { "headline": "Tencent plans to release Hunyuan Hy4 model soon", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-08-12", "publishedDatePrecision": "day", "summary": "Tencent said its larger-parameter Hunyuan Hy4 model is planned for release in the near future, after Hunyuan Hy3 completed rapid iteration from preview to official version.", "tags": [], "isScandal": false, "sourceUrl": "https://www.163.com/dy/article/L45H2QRK055284JB.html" }, { "headline": "Meta's over $2 billion acquisition of Manus terminated; Manus regains independence", "year": 2026, "eventDate": "2026-08-11", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "On the evening of August 11, 2026, AI startup Manus announced via an open letter on its official website that it would restore its independent company status and continue serving millions of users globally. The move follows the termination of Meta's planned acquisition of Manus, after which existing shareholders including Tencent and ZhenFund bought back Manus equity. Manus said data generated by some users on or after December 29, 2025 would be deleted between August 23 and 24 Singapore time to meet regulatory requirements in certain regions, and that affected users should back up data in advance, with data restoration available from August 25 at no charge.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.jrj.com.cn/2026/08/13014658092750.shtml" }, { "headline": "Unitree Robotics prices Shanghai IPO", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2026-08-07", "publishedDatePrecision": "day", "summary": "Unitree Robotics priced its Shanghai initial public offering at 150.8 yuan per share, valuing the company at RMB 61 billion. The offering includes a strategic placement to corporate investors, including DeepSeek.", "tags": [], "isScandal": false, "sourceUrl": "https://chinaeconomicreview.com/unitree-robotics-prices-shanghai-ipo-as-rmb-61-bn/" }, { "headline": "Tencent Music completes acquisition of Ximalaya stake", "year": 2026, "eventDate": "2026-05-18", "datePrecision": "day", "publishedAt": "2026-08-21", "publishedDatePrecision": "day", "summary": "Tencent Music Entertainment Group announced on May 18 that the acquisition of Ximalaya was formally completed, following the State Administration for Market Regulation's conditional approval on May 12.", "tags": [], "isScandal": false, "sourceUrl": "https://www.zaobao.com.sg/news/china/story20260821-9554019" }, { "headline": "China's SAMR conditionally approves Tencent's acquisition of Ximalaya", "year": 2026, "eventDate": "2026-05-12", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "China's State Administration for Market Regulation conditionally approved Tencent Holdings' acquisition of Ximalaya on 2026-05-12, attaching five restrictive conditions to address competition concerns in China's online audio and online music streaming platform markets.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.jrj.com.cn/2026/08/21162158202824.shtml" }, { "headline": "China's market regulator conditionally approves Tencent's acquisition of Ximalaya stake", "year": 2026, "eventDate": "2026-05-12", "datePrecision": "day", "publishedAt": "2026-08-21", "publishedDatePrecision": "day", "summary": "China's State Administration for Market Regulation conditionally approved Tencent's acquisition of an equity stake in Ximalaya on May 12, attaching five restrictive conditions aimed at preserving competition in China's online audio and online music streaming platform markets.", "tags": [], "isScandal": false, "sourceUrl": "https://www.zaobao.com.sg/news/china/story20260821-9554019" }, { "headline": "Tencent Aurora P2 projector launch", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2022-03-26", "publishedDatePrecision": "day", "summary": "Tencent introduced the Aurora P2 projector shortly after the 2022 Spring Festival, according to the article.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2022-03-26/doc-imcwipii0648309.shtml?finpagefr=p_114" }, { "headline": "Tencent invests in Studio MayDay", "year": 2022, "eventDate": "2022-03-17", "datePrecision": "day", "publishedAt": "2022-03-17", "publishedDatePrecision": "day", "summary": "Tencent invested in New Zealand developer Studio MayDay and took a minority ownership stake; the investment amount was not disclosed.", "tags": [], "isScandal": false, "sourceUrl": "https://www.gamesindustry.biz/studio-mayday-rebrands-as-riffraff-games-after-tencent-investment" }, { "headline": "Tencent takes majority ownership of Tequila Works", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2022-03-16", "publishedDatePrecision": "day", "summary": "Tequila Works confirmed that Tencent became its majority owner and main shareholder.", "tags": [], "isScandal": false, "sourceUrl": "https://www.eurogamer.net/tencent-acquires-majority-ownership-of-tequila-works-developer-of-rime" }, { "headline": "Lunar raises €70 million in funding", "year": 2022, "eventDate": "2022-03-10", "datePrecision": "day", "publishedAt": "2022-03-10", "publishedDatePrecision": "day", "summary": "Lunar announced that it raised €70 million as an extension to its Series D funding round; the article reports that the round closed at €280 million in total.", "tags": [], "isScandal": false, "sourceUrl": "https://techcrunch.com/2022/03/10/lunar-the-nordic-neo-bank-raises-77m-at-a-2b-valuation-and-launches-crypto-trading-platform-and-b2b-payments/" }, { "headline": "Tencent and China’s Automotive Data Center agree to cooperate on intelligent connected vehicle technology", "year": 2022, "eventDate": "2022-03-05", "datePrecision": "day", "publishedAt": "2022-03-07", "publishedDatePrecision": "day", "summary": "Tencent announced that it had inked a cooperation agreement with China’s Automotive Data Center for intelligent connected vehicle technology development. The partners will work on autonomous simulation validation and application, simulation evaluation, autonomous driving cloud aspects, and co-development of products and technologies.", "tags": [], "isScandal": false, "sourceUrl": "https://autonews.gasgoo.com/articles/icv/70019854" }, { "headline": "Tencent acquires a majority stake in 1C Entertainment", "year": 2022, "eventDate": "2022-03-01", "datePrecision": "day", "publishedAt": "2022-03-01", "publishedDatePrecision": "day", "summary": "A report published on March 1, 2022, said 1C Entertainment announced that it had been acquired by Tencent. The companies had reached a deal in November 2021 for Tencent to buy all shares held by 1C, 1C Entertainment's previous parent, giving Tencent a majority stake in 1C Entertainment and its subsidiaries.", "tags": [], "isScandal": false, "sourceUrl": "https://www.vgchartz.com/article/452704/tencent-acquires-1c-entertainment/" }, { "headline": "Scalapay raises $497 million in Series B funding", "year": 2022, "eventDate": "2022-02-25", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Buy-now-pay-later provider Scalapay raised $497 million in Series B funding. The round was led by Tencent and Willoughby Capital, with participation from other investors.", "tags": [], "isScandal": false, "sourceUrl": "https://financialit.net/news/fundraising-news/scalapay-raises-497m-series-b-funding" }, { "headline": "Tang Ji sues Tencent over alleged online infringement", "year": 2022, "eventDate": "2022-02-24", "datePrecision": "day", "publishedAt": "2022-02-24", "publishedDatePrecision": "day", "summary": "Tang Ji sued Tencent and Liu Hu over alleged online infringement related to an article published on the WeChat public account “巴蜀独立评论”; the allegations and claims described in the article are not presented as a court determination.", "tags": [], "isScandal": true, "sourceUrl": "https://finance.sina.com.cn/tech/2022-02-24/doc-imcwiwss2686899.shtml" }, { "headline": "Tencent acquires Inflexion", "year": 2022, "eventDate": "2022-02-23", "datePrecision": "day", "publishedAt": "2022-02-23", "publishedDatePrecision": "day", "summary": "Tencent acquired game studio Inflexion, which had been formed by former BioWare developers. Improbable had been working on selling the studio since summer 2021.", "tags": [], "isScandal": false, "sourceUrl": "https://www.kitguru.net/gaming/joao-silva/tencent-acquires-new-studio-formed-by-ex-bioware-veterans/" }, { "headline": "Tencent acquires Inflexion Games", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2022-02-22", "publishedDatePrecision": "day", "summary": "Tencent announced that it had acquired Inflexion Games from Improbable, which sold its entire stake in the studio to Tencent.", "tags": [], "isScandal": false, "sourceUrl": "https://www.vgchartz.com/article/452662/tencent-acquires-nightingale-developer-inflexion-games/" }, { "headline": "Court rules in Tencent trademark and unfair competition case", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "A court found that the defendant game-store operator infringed Tencent’s trademark and engaged in unfair competition, and ordered it to stop selling the counterfeit game consoles and pay compensation and reasonable rights-protection expenses. The supplied text does not state the ruling date.", "tags": [], "isScandal": true, "sourceUrl": "http://www.chinaz.com/2022/0217/1365123.shtml" }, { "headline": "Tencent reportedly plans to acquire Black Shark", "year": 2022, "eventDate": "2022-01-10", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "A report said Tencent planned to acquire gaming-phone company Black Shark; the article described the proposed deal as reported rather than confirmed.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.jrj.com.cn/2022/01/10154634141609.shtml" }, { "headline": "China’s market regulator penalizes companies over unreported business concentrations", "year": 2022, "eventDate": "2022-01-05", "datePrecision": "day", "publishedAt": "2022-01-05", "publishedDatePrecision": "day", "summary": "China’s State Administration for Market Regulation announced administrative penalties against Tencent, Harmony Auto, Alibaba Venture Capital, Bilibili and other companies in cases involving business concentrations implemented without required filings.", "tags": [], "isScandal": true, "sourceUrl": "http://finance.people.com.cn/n1/2022/0105/c1004-32324550.html" }, { "headline": "China's market regulator fines Bilibili, Tencent and Alibaba", "year": 2022, "eventDate": "2022-01-05", "datePrecision": "day", "publishedAt": "2022-01-05", "publishedDatePrecision": "day", "summary": "China's State Administration for Market Regulation imposed a 500,000-yuan fine each on Bilibili, Tencent Holdings and Alibaba Group for violating the Anti-Monopoly Law. The regulator said the companies had failed to declare concentrations of business operators as required by law.", "tags": [], "isScandal": true, "sourceUrl": "https://europe.chinadaily.com.cn/a/202201/05/WS61d52236a310cdd39bc7f36d.html" }, { "headline": "Tencent Fined for Implementing an Unreported Concentration", "year": 2022, "eventDate": "2022-01-05", "datePrecision": "day", "publishedAt": "2022-01-05", "publishedDatePrecision": "day", "summary": "China’s State Administration for Market Regulation fined Tencent RMB 500,000 for implementing its acquisition of a 15% stake and joint control of Yonghui Yunchuang without filing in advance. The authority said the transaction had no effect of eliminating or restricting competition.", "tags": [], "isScandal": true, "sourceUrl": "http://finance.ce.cn/stock/gsgdbd/202201/05/t20220105_37230790.shtml" }, { "headline": "ORVIBO completes a new funding round", "year": 2022, "eventDate": "2022-01", "datePrecision": "month", "publishedAt": "2022-01-17", "publishedDatePrecision": "day", "summary": "ORVIBO announced that it had completed a new funding round with a total investment of 1 billion yuan. The article says the investors included an internet company, Huaxing New Economy Fund, Sophia, Markor Furnishings, and Pingxiang state-owned capital; it identifies the internet company as Tencent based on publicly available shareholder information.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2022-01-17/doc-ikyakumy0867820.shtml" }, { "headline": "China fines Tencent over unreported acquisition of Niannian Fenxiang", "year": 2021, "eventDate": "2021-12-31", "datePrecision": "day", "publishedAt": "2022-01-05", "publishedDatePrecision": "day", "summary": "China's market regulator fined Tencent 500,000 yuan for implementing its acquisition of a 15% stake and joint control of Niannian Fenxiang without prior filing. The regulator concluded that the concentration had no effect of eliminating or restricting competition.", "tags": [], "isScandal": true, "sourceUrl": "https://finance.sina.com.cn/tech/2022-01-05/doc-ikyakumx8423923.shtml" }, { "headline": "Remedy and Tencent announce Vanguard partnership", "year": 2021, "eventDate": "2021-12-29", "datePrecision": "day", "publishedAt": "2021-12-29", "publishedDatePrecision": "day", "summary": "Remedy announced a long-term partnership with Tencent on Vanguard, a cooperative multiplayer title. Tencent is to support Remedy internationally and lead operations in Asia and mobile markets.", "tags": [], "isScandal": false, "sourceUrl": "https://stevivor.com/news/remedy-tencent-vanguard-multiplayer/" }, { "headline": "Tencent acquires Turtle Rock Studios' parent company", "year": 2021, "eventDate": "2021-12-17", "datePrecision": "day", "publishedAt": "2021-12-17", "publishedDatePrecision": "day", "summary": "Tencent acquired Slamfire Inc., the parent company of Turtle Rock Studios. The article says the acquisition's financial details were not released publicly.", "tags": [], "isScandal": false, "sourceUrl": "https://www.destructoid.com/tencent-acquires-back-4-blood-developer-turtle-rock-studios/" }, { "headline": "Tencent acquires Turtle Rock Studios", "year": 2021, "eventDate": "2021-12-17", "datePrecision": "day", "publishedAt": "2021-12-17", "publishedDatePrecision": "day", "summary": "Tencent acquired Turtle Rock Studios. The studio said it would retain independent operations.", "tags": [], "isScandal": false, "sourceUrl": "https://www.playstationlifestyle.net/2021/12/17/tencent-turtle-rock-studios" }, { "headline": "Tencent and the China Soong Ching Ling Foundation launched season two of Master Lectures for Children", "year": 2021, "eventDate": "2021-12-16", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Tencent and the China Soong Ching Ling Foundation launched the second season of Master Lectures for Children, with content first recommended in the youth modes of ten products, including WeChat, QQ and Tencent Video.", "tags": [], "isScandal": false, "sourceUrl": "https://www.donews.com/news/detail/1/3186145.html" }, { "headline": "TymeBank International secures $180 million investment", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2021-12-08", "publishedDatePrecision": "day", "summary": "TymeBank International said it secured investments from Tencent and CDC Group to complete its Series B capital raise. The article reports that the funding is intended to support digital infrastructure and expansion into additional markets.", "tags": [], "isScandal": false, "sourceUrl": "https://www.dailymaverick.co.za/article/2021-12-08-tymebank-international-secures-180m-investment-from-tencent-and-cdc-group/" }, { "headline": "Tencent appoints Yin Yu to lead smart education", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Tencent announced that company vice president Yin Yu would transfer to CSIG to lead the smart education industry, responsible for Tencent’s overall strategy and planning in smart education.", "tags": [], "isScandal": false, "sourceUrl": "http://www.chinaz.com/2021/1203/1336767.shtml" }, { "headline": "Tencent announces two vice-presidents’ role changes", "year": 2021, "eventDate": "2021-12-01", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Tencent announced that vice-president Yin Yu would move to lead the CSIG smart education industry role, while vice-president Qie Xiaohu would take over as head of PCG’s information platform and services line.", "tags": [], "isScandal": false, "sourceUrl": "https://www.donews.com/news/detail/1/3184062.html" }, { "headline": "China fines technology companies over undeclared acquisitions", "year": 2021, "eventDate": "2021-11-20", "datePrecision": "day", "publishedAt": "2021-11-20", "publishedDatePrecision": "day", "summary": "China's State Administration for Market Regulation fined Alibaba, Tencent, Baidu, JD.com and Suning for failing to report 43 corporate acquisitions over the past eight years. Each violation carries a penalty of 500,000 yuan.", "tags": [], "isScandal": true, "sourceUrl": "https://www.dw.com/en/china-fines-alibaba-tencent-in-anti-monopoly-crackdown/a-59890545" }, { "headline": "GoTo completes $1.3 billion pre-IPO funding round", "year": 2021, "eventDate": "2021-11-11", "datePrecision": "day", "publishedAt": "2021-11-11", "publishedDatePrecision": "day", "summary": "GoTo Group said it completed a $1.3 billion pre-IPO funding round. The company said the new funds would be used to expand its customer base and broaden its payments and financial services products.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2021-11-11/doc-iktzscyy4943377.shtml" }, { "headline": "Xiaohongshu completes a $500 million funding round", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2021-11-08", "publishedDatePrecision": "day", "summary": "According to multiple independent sources cited by 36Kr, Xiaohongshu recently completed a $500 million funding round led by Temasek and Tencent, with existing investors also participating; the post-money valuation was reported at $20 billion. Xiaohongshu said the round was mainly composed of additional investment from existing shareholders.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2021-11-08/doc-iktzqtyu6125375.shtml" }, { "headline": "Tencent launches three self-designed chips", "year": 2021, "eventDate": "2021-11-03", "datePrecision": "day", "publishedAt": "2021-11-03", "publishedDatePrecision": "day", "summary": "Tencent unveiled three self-designed chips: the Zixiao artificial intelligence chip, Canghai video transcoding device, and Xuanling network interface controller.", "tags": [], "isScandal": false, "sourceUrl": "https://www.techspot.com/news/92067-tencent-launches-three-custom-arm-based-chips-signaling.html" }, { "headline": "Court orders 8868 rental platform to stop services and pay Tencent", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2021-11-02", "publishedDatePrecision": "day", "summary": "A Chinese court ordered the operators of the 8868 rental platform to stop providing platform services for renting accounts in Tencent-operated games and to pay Tencent 300,000 yuan. The court found that the platform’s conduct constituted unfair competition.", "tags": [], "isScandal": true, "sourceUrl": "https://finance.sina.com.cn/tech/2021-11-02/doc-iktzqtyu4979354.shtml" }, { "headline": "Court finds infringement of QQ trademarks", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "A court found that the defendants’ prominent use of “QQ乐” on the websites infringed Tencent’s registered trademark rights, and that using “qq” with other terms in domain names constituted unfair competition.", "tags": [], "isScandal": true, "sourceUrl": "https://finance.jrj.com.cn/2021/11/01153433797314.shtml" }, { "headline": "Tencent and KADOKAWA announced a business alliance", "year": 2021, "eventDate": "2021-11-01", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Tencent and KADOKAWA announced a business alliance to work together across areas including anime, games and books, and to expand the global reach of KADOKAWA's existing intellectual property and create new works.", "tags": [], "isScandal": false, "sourceUrl": "http://www.chinaz.com/2021/1101/1323322.shtml" }, { "headline": "Tencent announced acquisition of a stake in KADOKAWA", "year": 2021, "eventDate": "2021-11-01", "datePrecision": "day", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Tencent announced that it would acquire 6.86% of KADOKAWA for 30 billion yen, becoming its third-largest shareholder.", "tags": [], "isScandal": false, "sourceUrl": "http://www.chinaz.com/2021/1101/1323322.shtml" }, { "headline": "Court rules in Tencent’s unfair-competition case", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2021-10-21", "publishedDatePrecision": "day", "summary": "Nanjing Intermediate People’s Court ruled that a company providing a platform for buying and selling WeChat accounts constituted unfair competition against Tencent and ordered it to pay Tencent RMB 1.09 million and publish a statement on its website.", "tags": [], "isScandal": true, "sourceUrl": "https://finance.sina.com.cn/tech/2021-10-21/doc-iktzscyy0950685.shtml" }, { "headline": "Tencent Ethereal Audio Lab and MED-EL unveil hearing aid app", "year": 2021, "eventDate": "2021-09-26", "datePrecision": "day", "publishedAt": "2021-09-27", "publishedDatePrecision": "day", "summary": "Tencent Ethereal Audio Lab and MED-EL unveiled a hearing aid app combining hearing tests, AI-assisted hearing enhancement and remote rehabilitation services. The app was co-developed by the two organizations.", "tags": [], "isScandal": false, "sourceUrl": "https://www.prnewswire.com/news-releases/tencent-ethereal-audio-lab-partners-with-med-el-to-launch-the-worlds-first-multifunction-hearing-aid-app-301385273.html" }, { "headline": "Tencent completes merger with Sogou", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": "2021-09-23", "publishedDatePrecision": "day", "summary": "Sogou announced that its merger with Tencent was completed. Sogou became an indirect wholly owned subsidiary of Tencent Holdings and was to delist while continuing to operate as the surviving company.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2021-09-24/doc-iktzqtyt7734233.shtml" }, { "headline": "Tencent and Sogou complete merger", "year": 2021, "eventDate": "2021-09-24", "datePrecision": "day", "publishedAt": "2021-09-24", "publishedDatePrecision": "day", "summary": "Sogou announced that it had completed its merger with Tencent and would become an indirectly wholly owned subsidiary of Tencent Holdings while continuing to operate as the surviving company. Sogou also said its ADS trading had been suspended and its outstanding shares were acquired at $9 per ADS. Sohu confirmed the equity transaction was complete and that it would receive $1.18 billion and retain no Sogou equity.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2021-09-24/doc-iktzqtyt7798244.shtml" }, { "headline": "Guangzhou Metro and Tencent release SuTeng OS 2.0", "year": 2021, "eventDate": "2021-09-23", "datePrecision": "day", "publishedAt": "2021-09-24", "publishedDatePrecision": "day", "summary": "Guangzhou Metro Group and Tencent released SuTeng OS 2.0, a new version of their rail-transit operating system. The report describes upgrades to its connectivity, workflow orchestration, data processing, algorithm training and component services.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2021-09-24/doc-iktzscyx6149134.shtml" }, { "headline": "Sogou completes merger with Tencent", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Sogou announced that its merger with Tencent was completed; Sogou would continue as the surviving company and become an indirect wholly owned subsidiary of Tencent Holdings, and it completed its delisting.", "tags": [], "isScandal": false, "sourceUrl": "https://www.nbd.com.cn/articles/2021-09-24/1923744.html" }, { "headline": "Tencent and Dunhuang Academy launch “Sound, Animation and Words”", "year": 2021, "eventDate": "2021-09-06", "datePrecision": "day", "publishedAt": "2021-09-06", "publishedDatePrecision": "day", "summary": "Tencent and Dunhuang Academy launched the “Sound, Animation and Words” cultural interactive experience in the “Digital Dunhuang” WeChat Mini Program, featuring animated explanations of murals from Mogao Cave 156 and cultural quiz participation.", "tags": [], "isScandal": false, "sourceUrl": "https://www.ifanr.com/digest/1439378" }, { "headline": "Tencent acquires 90% of Wake Up Interactive group", "year": 2021, "eventDate": "2021-09", "datePrecision": "month", "publishedAt": "2021-11-11", "publishedDatePrecision": "day", "summary": "Bloomberg reported that Tencent acquired 90% of Japanese company Wake Up Interactive group in September for around 5 billion yen ($44 million).", "tags": [], "isScandal": false, "sourceUrl": "https://www.nintendolife.com/news/2021/11/tencent-acquires-studio-behind-samurai-jack-and-ninjala" }, { "headline": "Khatabook raises $100 million in Series C funding", "year": 2021, "eventDate": "2021-08-24", "datePrecision": "day", "publishedAt": "2021-08-24", "publishedDatePrecision": "day", "summary": "Khatabook said it raised $100 million in an oversubscribed Series C funding round led by Tribe Capital and Moore Strategic Ventures, with participation from other investors.", "tags": [], "isScandal": false, "sourceUrl": "https://www.business-standard.com/article/companies/khatabook-raises-100-mn-funding-announces-esop-buyback-worth-10-mn-121082400367_1.html" }, { "headline": "Tencent and Guangyu Mingdao sign strategic cooperation agreement", "year": 2021, "eventDate": "2021-08-24", "datePrecision": "day", "publishedAt": "2021-08-24", "publishedDatePrecision": "day", "summary": "Tencent and Guangyu Mingdao signed a strategic cooperation agreement in Chongqing to collaborate in areas including the industrial internet ecosystem and industrial intelligent collaboration.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2021-08-24/doc-ikqciyzm3296901.shtml" }, { "headline": "Kuaikan completes $240 million funding round", "year": 2021, "eventDate": "2021-08-23", "datePrecision": "day", "publishedAt": "2021-08-23", "publishedDatePrecision": "day", "summary": "Kuaikan announced that it had completed a $240 million funding round, with CCB International, One Store, Tencent, Coatue and Tiantu Capital among the investors.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2021-08-23/doc-ikqcfncc4500226.shtml" }, { "headline": "Douyin removes videos following Tencent copyright complaint", "year": null, "eventDate": null, "datePrecision": "unknown", "publishedAt": null, "publishedDatePrecision": "unknown", "summary": "Douyin said it promptly took down more than 8,000 videos complained about by Tencent after Tencent submitted relevant exclusive copyright documentation.", "tags": [], "isScandal": true, "sourceUrl": "http://www.chinaz.com/2021/0822/1294356.shtml" }, { "headline": "Tencent Music ends exclusive music licensing deals", "year": 2021, "eventDate": "2021-08-23", "datePrecision": "day", "publishedAt": "2021-09-01", "publishedDatePrecision": "day", "summary": "Tencent Music said its exclusive licensing deals with labels had ended as of August 23, following a government mandate. The company said it would continue working with partners on non-exclusive deals; some deals with independent musicians and new releases were excepted.", "tags": [], "isScandal": true, "sourceUrl": "https://www.scmp.com/tech/big-tech/article/3147132/tencent-ends-exclusive-music-partnerships-bowing-regulators-rivals" }, { "headline": "Kuaikan announces completion of $240 million funding round", "year": 2021, "eventDate": "2021-08-23", "datePrecision": "day", "publishedAt": "2021-08-23", "publishedDatePrecision": "day", "summary": "Kuaikan announced that it had completed a $240 million funding round, with investment from CICC, One Store, Tencent, Coatue, and Tiantu Capital. The article describes it as the largest single funding round in Kuaikan's history.", "tags": [], "isScandal": false, "sourceUrl": "https://finance.sina.com.cn/tech/2021-08-23/doc-ikqciyzm3074045.shtml" }, { "headline": "Procuratorate files public-interest lawsuit concerning WeChat Youth Mode", "year": 2021, "eventDate": "2021-08-06", "datePrecision": "day", "publishedAt": "2021-08-06", "publishedDatePrecision": "day", "summary": "The Haidian District People's Procuratorate in Beijing announced that it had filed a civil public-interest lawsuit against Tencent concerning WeChat's Youth Mode.", "tags": [], "isScandal": true, "sourceUrl": "https://finance.sina.com.cn/tech/2021-08-06/doc-ikqcfncc1387776.shtml" } ], "encyclopedia": { "history": "Tencent was established in November 1998 by Ma Huateng, Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing. The company’s first widely distributed product, OICQ, appeared in 1999. After concerns surrounding the name, it was renamed QQ. The service initially faced financial difficulty and remained unprofitable during its early years, but Tencent gradually developed revenue from advertising, premium memberships, mobile services, virtual goods, and character licensing.\n\nA major early corporate event occurred in 2001, when South African media group Naspers acquired a substantial stake. Tencent listed on the Hong Kong Stock Exchange in 2004 and became a Hang Seng Index constituent in 2008. During the 2000s it expanded from messaging into online games, digital entertainment, and mobile services. It licensed and distributed successful games from overseas developers while also building internal development capabilities.\n\nTencent launched Weixin in January 2011. The product, known internationally as WeChat, became the foundation of a large mobile ecosystem. It combined person-to-person communication with social networking, public accounts, payments, media, commerce, mini-programs, and enterprise functions. This platform strategy allowed Tencent to connect advertising, content, financial technology, and cloud services around a very large user base.\n\nFrom 2011 onward, Tencent pursued an extensive investment and acquisition program. It increased control of Riot Games, invested in Epic Games, and developed positions in companies involved in games, e-commerce, search, logistics, music, mobility, media, and online services. Transactions involving JD.com, Dianping, Sogou, Didi, Supercell, Tesla, and other businesses illustrate the breadth of the strategy. Tencent generally presented many portfolio companies as independently operated while providing capital, distribution, technical resources, and access to its ecosystem.\n\nTencent’s business continued to broaden during the second half of the 2010s. It expanded WeChat search and news-feed functions, introduced mini-programs, developed Tencent Cloud and artificial-intelligence initiatives, and promoted esports infrastructure. It also participated in international entertainment and technology partnerships, including work involving the NBA, HBO, Lego, Carrefour, and global game developers.\n\nThe group’s growth has occurred alongside increasing regulatory attention. Chinese authorities have scrutinized online games, minors’ play time, financial technology, data practices, platform competition, online content, and the relationship between large internet platforms and smaller businesses. Tencent has consequently adjusted product controls, gaming safeguards, compliance systems, and strategic priorities. Today it remains a major Chinese digital-platform company and global gaming investor, with consumer services centered on WeChat and QQ and institutional activities spanning cloud computing, fintech, advertising, content, and technology investment.", "milestones": [ { "year": 1998, "title": "Tencent is founded", "summary": "Tencent is established in November by Ma Huateng, Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 1999, "title": "OICQ launches and becomes QQ", "summary": "Tencent launches its instant-messaging service OICQ and subsequently changes its name to QQ.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2001, "title": "Naspers becomes a major shareholder", "summary": "South African media company Naspers acquires a substantial interest in Tencent.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2004, "title": "Hong Kong listing", "summary": "Tencent Holdings lists on the Hong Kong Stock Exchange.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2007, "title": "Tencent establishes its charity foundation", "summary": "Tencent establishes a charitable foundation and expands its corporate social-investment activities.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2011, "title": "Weixin launches", "summary": "Tencent launches Weixin, later marketed globally as WeChat.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2016, "title": "Supercell investment", "summary": "Tencent agrees to acquire a controlling interest in Supercell.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2018, "title": "Tencent crosses a major market-value threshold", "summary": "Tencent becomes the first Asian technology company reported to surpass US$500 billion in market value.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" } ], "products": [ { "name": "WeChat", "category": "Social networking and messaging", "description": "Tencent’s mobile communications platform combines messaging, voice and video calls, social feeds, public accounts, payments, commerce, media, mini-programs, and enterprise tools. Its integrated design makes it a central access point for many digital activities in China and a significant international communications product.", "launchedYear": 2011, "status": "active" }, { "name": "QQ", "category": "Instant messaging and social media", "description": "QQ is Tencent’s long-running instant-messaging and social platform. It helped establish the company’s early consumer internet business through premium memberships, virtual goods, advertising, mobile services, and a large range of community and entertainment features.", "launchedYear": 1999, "status": "active" }, { "name": "Tencent Games", "category": "Video games", "description": "Tencent Games includes internally developed and published titles across mobile, PC, console, competitive multiplayer, casual, and massively multiplayer categories. The business is also connected to Tencent’s extensive global investments in studios and publishers.", "launchedYear": 2004, "status": "active" }, { "name": "Tencent Cloud", "category": "Cloud computing", "description": "Tencent Cloud provides computing, storage, networking, database, artificial-intelligence, security, media, and developer services to businesses and public-sector customers. It extends Tencent’s infrastructure and platform capabilities beyond consumer applications.", "launchedYear": null, "status": "active" }, { "name": "WeChat Pay", "category": "Digital payments", "description": "WeChat Pay is the payment layer integrated into WeChat. It supports consumer payments, transfers, merchant transactions, and other financial technology functions, making payments part of Tencent’s wider social and commercial ecosystem.", "launchedYear": null, "status": "active" }, { "name": "Tencent Video", "category": "Online video", "description": "Tencent Video is Tencent’s online video and streaming service, offering licensed and original audiovisual content and connecting video distribution with the group’s advertising, membership, and digital-content businesses.", "launchedYear": 2011, "status": "active" } ], "campaigns": [ { "year": 2015, "name": "Tencent NBA streaming partnership", "markets": [ "China" ], "summary": "Tencent announced a major agreement to stream NBA games in China, strengthening its position in sports video, digital advertising, and online fan communities.", "outcome": "The partnership increased Tencent’s role in Chinese digital sports distribution; the reference material also identifies BYD as a later corporate sponsor.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2018, "name": "Tencent–Lego digital partnership", "markets": [ "China" ], "summary": "Tencent and the Lego Group announced cooperation on online games and potential social products for children.", "outcome": "The agreement extended Tencent’s children’s and family-oriented digital entertainment initiatives.", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" } ], "scandals": [ { "year": 2023, "title": "Tencent's Tenpay payment business fined and confiscated approximately 2.99 billion yuan", "summary": "In July 2023, Tencent announced that its Tenpay subsidiary received a notice from the People's Bank of China that its past regulatory non-compliant conduct in mainland China payment services was subject to a fine and confiscation of approximately 2.99 billion yuan. The specific entity involved is Tenpay Payment Technology Co., Ltd.", "sourceUrl": "https://www.yicai.com/news/101802282.html", "sourceUrls": [ "https://www.yicai.com/news/101802282.html", "https://www.eeo.com.cn/2023/0707/597469.shtml" ] }, { "year": 2010, "title": "3Q software conflict forced users to choose; subsequent lawsuits decided separately", "summary": "In 2010, the software dispute between Tencent and Qihoo 360 escalated, with QQ stopping service to users who had installed 360 software, triggering controversy over choice and compatibility. In related litigation, in 2014 the Supreme People's Court found that 360's Koukou Bodyguard constituted unfair competition and ordered compensation of 5 million yuan to Tencent; in a separate case, it rejected 360's appeal in its antitrust suit against Tencent. The conclusions of the two cases must not be conflated.", "sourceUrl": "https://www.yicai.com/news/1119544.html", "sourceUrls": [ "https://www.yicai.com/news/1119544.html", "https://www.thepaper.cn/newsDetail_forward_1271408?commTag=true", "https://media.people.com.cn/n/2014/0225/c40606-24453895.html" ] }, { "year": 2020, "title": "Fake Lao Gan Ma advertising contract triggers Tencent payment-recovery suit, then withdrawal", "summary": "In 2020, Tencent sued Lao Gan Ma over advertising fees and applied for property preservation; Lao Gan Ma denied signing the contract; police later investigated persons suspected of impersonating employees and forging seals. Tencent withdrew the lawsuit and apologized to Lao Gan Ma, and the two sides communicated and settled. This entry concerns a brand incident arising from contract verification and fraud and does not establish that Lao Gan Ma owed the fees.", "sourceUrl": "https://www.caixin.com/2020-07-10/101578366.html", "sourceUrls": [ "https://www.caixin.com/2020-07-10/101578366.html" ] }, { "year": 2019, "title": "Tencent affiliate sues Jolly Culture and affiliates over advertising fees", "summary": "Beijing Tencent Culture Media sued Tianjin Dianwo over unpaid advertising fees and sought joint liability from Meishengyuan and Jolly Culture. The Shenzhen Intermediate People's Court accepted the case; it had not yet gone to trial.", "sourceUrl": "https://finance.sina.com.cn/stock/relnews/hk/2019-10-24/doc-iicezuev4715953.shtml", "sourceUrls": [ "https://finance.sina.com.cn/stock/relnews/hk/2019-10-24/doc-iicezuev4715953.shtml" ] }, { "year": 2020, "title": "Tencent responds to former employee's termination allegation", "summary": "A former employee alleged that Tencent used forceful measures during his termination. In response, Tencent told a reporter that the employee's work performance and conduct had not met the role's requirements, and said he had repeatedly been absent and had seriously violated labor rules. The article also reports that an arbitration committee and a court supported Tencent's decision to terminate the employment relationship.", "sourceUrl": "https://finance.sina.com.cn/chanjing/gsnews/2020-01-02/doc-iihnzahk1549090.shtml", "sourceUrls": [ "https://finance.sina.com.cn/chanjing/gsnews/2020-01-02/doc-iihnzahk1549090.shtml" ] }, { "year": 2020, "title": "Tencent sues over alleged cloud distribution of its games", "summary": "Tencent reportedly sued an unnamed Guangzhou-based technology company in China, accusing it of making Tencent games available through a cloud gaming service without permission and alleging unfair competition. Tencent sought damages of more than 9.6 million RMB.", "sourceUrl": "https://www.gamesindustry.biz/tencent-sues-tech-company-for-putting-its-games-on-rival-cloud-service-without-permission", "sourceUrls": [ "https://www.gamesindustry.biz/tencent-sues-tech-company-for-putting-its-games-on-rival-cloud-service-without-permission" ] }, { "year": 2020, "title": "Tencent sues author of Morning Wind QQ Bot", "summary": "Tencent sued the author of the Morning Wind QQ Bot, alleging illegal intrusion into computer systems. According to the report, the author was summoned across provincial lines. The report also states that the case prompted robot developers to shut down their services. The event was reported in 2020.", "sourceUrl": "https://tech.sina.com.cn/roll/2020-08-07/doc-iivhvpwx9741507.shtml", "sourceUrls": [ "https://tech.sina.com.cn/roll/2020-08-07/doc-iivhvpwx9741507.shtml" ] }, { "year": 2020, "title": "Tencent responds to incident involving a WeChat account ban", "summary": "Tencent responded to reports that someone had jumped from a building after a WeChat account was banned. According to the company's response, the account had violated rules, and company employees had not communicated or interacted with the person involved. The response addressed the reported incident by stating the account's rule violation and denying any prior contact between staff and the individual. No further details about the person, the specific rules violated, or the outcome were provided in the available statement.", "sourceUrl": "https://tech.sina.com.cn/roll/2020-08-28/doc-iivhvpwy3495125.shtml", "sourceUrls": [ "https://tech.sina.com.cn/roll/2020-08-28/doc-iivhvpwy3495125.shtml" ] }, { "year": 2020, "title": "Court rules in Tencent unfair-competition case", "summary": "In a ruling reported on September 21, 2020, the Shenzhen Intermediate People's Court decided an unfair-competition case brought by Tencent against an unnamed company and an individual. The court ordered the defendants to pay compensation and to publish a statement on Tencent's website to eliminate the impact of the conduct at issue. The report did not identify the defendants or specify the amount of compensation. The decision addressed Tencent's claims of unfair competition and imposed both a monetary remedy and a public-statement requirement on the defendants.", "sourceUrl": "https://finance.sina.com.cn/tech/2020-09-21/doc-iivhuipp5666145.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2020-09-21/doc-iivhuipp5666145.shtml" ] }, { "year": 2020, "title": "Tencent and Lao Gan Ma issue joint response to dispute", "summary": "Tencent and Lao Gan Ma stated that they had clarified their misunderstanding. According to the joint response, Tencent said it had applied to withdraw its lawsuit and property-preservation application, apologized to Lao Gan Ma in person, and would improve related processes. The parties also said they would actively explore future formal cooperation. The statement addressed the dispute between the two companies without providing further details on its origins or resolution.", "sourceUrl": "https://www.donews.com/news/detail/1/3103020.html", "sourceUrls": [ "https://www.donews.com/news/detail/1/3103020.html" ] }, { "year": 2020, "title": "Tencent's Quanmin K Ge Responds to Content Enforcement with Rectification Measures", "summary": "Following action by Guangdong authorities over obscene and vulgar content and shortcomings in the youth mode on the Quanmin K Ge app, Tencent stated that the app would undergo 30 days of rectification. Tencent also stated that it would remove the \"friend-making and paid companionship\" feature and take additional content and account-control measures. The company's response addressed the content enforcement by outlining these corrective steps for the app.", "sourceUrl": "http://www.chinaz.com/2020/1116/1208870.shtml", "sourceUrls": [ "http://www.chinaz.com/2020/1116/1208870.shtml" ] }, { "year": 2020, "title": "Tencent company fined over alleged advertising violations", "summary": "In a controversy noted in 2020, 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. According to the report, the conduct was found to violate the Advertising Law. The event concerns a regulatory penalty against the Tencent-affiliated entity and centers on advertising compliance issues.", "sourceUrl": "https://news.zol.com.cn/756/7568340.html", "sourceUrls": [ "https://news.zol.com.cn/756/7568340.html", "https://tech.hexun.com/2020-11-18/202451023.html" ] }, { "year": 2020, "title": "China fines Alibaba and a Tencent unit over past deals", "summary": "Chinese regulators fined Alibaba Group and a Tencent Holdings unit 500,000 yuan each for failing to declare past acquisitions under the country's anti-monopoly laws. According to the report, Alibaba should have sought approval before increasing its stake in Intime Retail Group to 73.79% in 2017. The fines concern undeclared past deals rather than the merits of the transactions themselves.", "sourceUrl": "https://www.thestar.com.my/aseanplus/aseanplus-news/2020/12/14/china-fines-alibaba-tencent-for-flouting-rules-in-past-deals", "sourceUrls": [ "https://www.thestar.com.my/aseanplus/aseanplus-news/2020/12/14/china-fines-alibaba-tencent-for-flouting-rules-in-past-deals" ] }, { "year": 2020, "title": "Tencent sues operators of OK WeChat Manager", "summary": "In a dispute reported in December 2020, Tencent sued the companies operating the software known as “ok微信管家” (OK WeChat Manager). Tencent alleged that the operators violated the Anti-Unfair Competition Law and sought 10 million yuan in damages. According to the report, Tencent claimed that the software was capable of accessing WeChat users' information and private data. The report did not specify the court's ruling or any final outcome of the litigation.", "sourceUrl": "https://finance.sina.com.cn/tech/2020-12-08/doc-iiznctke5440715.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2020-12-08/doc-iiznctke5440715.shtml" ] }, { "year": 2021, "title": "Court rules in Alibaba–Tencent music copyright dispute", "summary": "A Chinese court issued a judgment in a music copyright dispute involving Alibaba Culture Media and Tencent entities. The 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. The ruling addressed only the claims before the court and did not extend to matters outside the dispute.", "sourceUrl": "https://www.donews.com/news/detail/8/3133365.html", "sourceUrls": [ "https://www.donews.com/news/detail/8/3133365.html" ] }, { "year": 2021, "title": "U.S. WeChat users sue Tencent over alleged monitoring and censorship", "summary": "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.", "sourceUrl": "https://www.epochtimes.com/gb/21/1/13/n12684731.htm", "sourceUrls": [ "https://www.epochtimes.com/gb/21/1/13/n12684731.htm" ] }, { "year": 2020, "title": "Chinese courts issue injunctions in Nintendo Switch modification cases", "summary": "According to a report, the Yuexiu District People's Court in Guangzhou and the Zhonglou District People's Court in Changzhou ordered local shops to stop making or selling non-genuine modified Nintendo Switch consoles. Tencent had sued the shops in both cities after discovering the sales, the report stated. The courts issued injunctions requiring the shops to cease the production and sale of these modified consoles.", "sourceUrl": "https://finance.sina.com.cn/tech/2020-12-31/doc-iiznezxs9932181.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2020-12-31/doc-iiznezxs9932181.shtml" ] }, { "year": 2021, "title": "China prohibits Tencent's Douyu–Huya merger", "summary": "In a review of the proposed Douyu–Huya concentration, China's State Administration for Market Regulation prohibited the merger. The regulator found that the transaction could strengthen Tencent's dominance and restrict competition. The decision was reported on July 10, 2021. Tencent was associated with the proposed merger of the two livestreaming platforms. The prohibition prevented the concentration from proceeding as proposed.", "sourceUrl": "https://finance.sina.com.cn/tech/2021-07-12/doc-ikqcfnca6290565.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2021-07-12/doc-ikqcfnca6290565.shtml" ] }, { "year": 2021, "title": "China prohibits Huya–Douyu merger", "summary": "China's State Administration for Market Regulation prohibited the proposed merger of Huya and Douyu. The regulator found that the transaction could further strengthen Tencent's dominant position in the game-livestreaming market and could have effects that exclude or restrict competition.", "sourceUrl": "http://finance.people.com.cn/n1/2021/0711/c1004-32154285.html", "sourceUrls": [ "http://finance.people.com.cn/n1/2021/0711/c1004-32154285.html" ] }, { "year": 2021, "title": "Tencent named in China's penalty for undeclared acquisitions", "summary": "In November 2021, China's State Administration for Market Regulation fined Alibaba, Tencent, Baidu, JD.com and Suning for failing to report 43 corporate acquisitions over the past eight years. Each violation carried a penalty of 500,000 yuan. Tencent was among the companies penalized in the action, which concerned undeclared acquisitions rather than other conduct.", "sourceUrl": "https://www.dw.com/en/china-fines-alibaba-tencent-in-anti-monopoly-crackdown/a-59890545", "sourceUrls": [ "https://www.dw.com/en/china-fines-alibaba-tencent-in-anti-monopoly-crackdown/a-59890545" ] }, { "year": 2021, "title": "Court orders 8868 rental platform to stop services and pay Tencent", "summary": "A Chinese court ordered the operators of the 8868 rental platform to stop providing platform services for renting accounts in Tencent-operated games and to pay Tencent 300,000 yuan. The court found that the platform's conduct constituted unfair competition. The ruling addressed the platform's role in facilitating the rental of game accounts operated by Tencent, and it required both the cessation of those services and the payment of the stated amount. The decision was reported on November 2, 2021.", "sourceUrl": "https://finance.sina.com.cn/tech/2021-11-02/doc-iktzqtyu4979354.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2021-11-02/doc-iktzqtyu4979354.shtml" ] }, { "year": 2022, "title": "Tang Ji sues Tencent over alleged online infringement", "summary": "Tang Ji sued Tencent and Liu Hu over alleged online infringement related to an article published on the WeChat public account “巴蜀独立评论”; the allegations and claims described in the article are not presented as a court determination.", "sourceUrl": "https://finance.sina.com.cn/tech/2022-02-24/doc-imcwiwss2686899.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2022-02-24/doc-imcwiwss2686899.shtml" ] }, { "year": 2022, "title": "Court rules in Tencent trademark and unfair competition case", "summary": "A court found that the defendant game-store operator infringed Tencent’s trademark and engaged in unfair competition, and ordered it to stop selling the counterfeit game consoles and pay compensation and reasonable rights-protection expenses. The supplied text does not state the ruling date.", "sourceUrl": "http://www.chinaz.com/2022/0217/1365123.shtml", "sourceUrls": [ "http://www.chinaz.com/2022/0217/1365123.shtml" ] }, { "year": 2022, "title": "Tencent Fined for Implementing an Unreported Concentration", "summary": "China’s State Administration for Market Regulation fined Tencent RMB 500,000 for implementing its acquisition of a 15% stake and joint control of Yonghui Yunchuang without filing in advance. The authority said the transaction had no effect of eliminating or restricting competition.", "sourceUrl": "http://finance.ce.cn/stock/gsgdbd/202201/05/t20220105_37230790.shtml", "sourceUrls": [ "http://finance.ce.cn/stock/gsgdbd/202201/05/t20220105_37230790.shtml", "https://europe.chinadaily.com.cn/a/202201/05/WS61d52236a310cdd39bc7f36d.html", "http://finance.people.com.cn/n1/2022/0105/c1004-32324550.html", "https://finance.sina.com.cn/tech/2022-01-05/doc-ikyakumx8423923.shtml" ] }, { "year": 2021, "title": "Court finds infringement of QQ trademarks", "summary": "A court found that the defendants’ prominent use of “QQ乐” on the websites infringed Tencent’s registered trademark rights, and that using “qq” with other terms in domain names constituted unfair competition.", "sourceUrl": "https://finance.jrj.com.cn/2021/11/01153433797314.shtml", "sourceUrls": [ "https://finance.jrj.com.cn/2021/11/01153433797314.shtml" ] }, { "year": 2021, "title": "Court rules in Tencent’s unfair-competition case", "summary": "Nanjing Intermediate People’s Court ruled that a company providing a platform for buying and selling WeChat accounts constituted unfair competition against Tencent and ordered it to pay Tencent RMB 1.09 million and publish a statement on its website.", "sourceUrl": "https://finance.sina.com.cn/tech/2021-10-21/doc-iktzscyy0950685.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2021-10-21/doc-iktzscyy0950685.shtml" ] }, { "year": 2021, "title": "Douyin removes videos following Tencent copyright complaint", "summary": "Douyin said it promptly took down more than 8,000 videos complained about by Tencent after Tencent submitted relevant exclusive copyright documentation.", "sourceUrl": "http://www.chinaz.com/2021/0822/1294356.shtml", "sourceUrls": [ "http://www.chinaz.com/2021/0822/1294356.shtml" ] }, { "year": 2021, "title": "Procuratorate files public-interest lawsuit concerning WeChat Youth Mode", "summary": "The Haidian District People's Procuratorate in Beijing announced that it had filed a civil public-interest lawsuit against Tencent concerning WeChat's Youth Mode.", "sourceUrl": "https://finance.sina.com.cn/tech/2021-08-06/doc-ikqcfncc1387776.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2021-08-06/doc-ikqcfncc1387776.shtml" ] }, { "year": 2021, "title": "Court orders compensation in Tencent-related WeChat system dispute", "summary": "A civil second-instance judgment in an unfair competition dispute found that Lianluoyi and Dengtang had used the WeChat software name and logo in promotion of a system, and ordered Lianluoyi to pay Tencent Technology (Shenzhen) and Tencent Computer Systems 10 million yuan in damages and reasonable expenses; Dengtang was jointly liable for 3 million yuan of that amount.", "sourceUrl": "https://finance.sina.com.cn/tech/2021-07-20/doc-ikqciyzk6553286.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2021-07-20/doc-ikqciyzk6553286.shtml" ] }, { "year": 2021, "title": "Tencent sued over Honor of Kings content", "summary": "Beijing Teenagers Law Aid And Research Center said it filed a lawsuit against Tencent in a Beijing court, alleging that content in Honor of Kings was inappropriate for minors. Reuters could not independently confirm the suit's content.", "sourceUrl": "https://tribune.com.pk/story/2302855/tencent-sued-over-inappropriate-content-in-honor-of-kings-game", "sourceUrls": [ "https://tribune.com.pk/story/2302855/tencent-sued-over-inappropriate-content-in-honor-of-kings-game" ] }, { "year": 2021, "title": "Chinese regulator fines Tencent and TAL for unreported acquisitions", "summary": "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.", "sourceUrl": "https://finance.sina.com.cn/tech/2021-03-12/doc-ikkntiak9413090.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2021-03-12/doc-ikkntiak9413090.shtml" ] }, { "year": 2021, "title": "Court dismisses claim over WeChat friend-relationship data", "summary": "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.", "sourceUrl": "http://www.chinaz.com/news/1222308.shtml", "sourceUrls": [ "http://www.chinaz.com/news/1222308.shtml" ] }, { "year": 2021, "title": "Tencent denied Douyin’s allegations", "summary": "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.", "sourceUrl": "https://china.qianlong.com/2021/0204/5378743.shtml", "sourceUrls": [ "https://china.qianlong.com/2021/0204/5378743.shtml" ] }, { "year": 2021, "title": "ByteDance sues Tencent over alleged monopolistic conduct", "summary": "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.", "sourceUrl": "https://www.biznews.com/briefs/tiktok-owner-sues-tencent", "sourceUrls": [ "https://www.biznews.com/briefs/tiktok-owner-sues-tencent" ] }, { "year": 2021, "title": "Tencent responds to Douyin lawsuit", "summary": "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.", "sourceUrl": "https://www.zaobao.com.sg/realtime/china/story20210202-1121250", "sourceUrls": [ "https://www.zaobao.com.sg/realtime/china/story20210202-1121250", "https://www.chinatimes.com/realtimenews/20210202005954-260409", "https://www.donews.com/news/detail/8/3135630.html" ] }, { "year": 2021, "title": "Tencent discloses anti-fraud investigation findings", "summary": "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.", "sourceUrl": "https://finance.sina.com.cn/tech/2021-02-02/doc-ikftssap2408233.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2021-02-02/doc-ikftssap2408233.shtml" ] }, { "year": 2021, "title": "Court transfers Douyin–Tencent competition case to Shenzhen", "summary": "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.", "sourceUrl": "https://finance.sina.com.cn/tech/2021-02-02/doc-ikftssap2403116.shtml", "sourceUrls": [ "https://finance.sina.com.cn/tech/2021-02-02/doc-ikftssap2403116.shtml" ] }, { "year": 2019, "title": "Lawsuit filed against Tencent Video over advance-on-demand service", "summary": "A legal blogger said he had sued Tencent over Tencent Video’s advance-on-demand service and sought RMB 500 in compensation, alleging that the relevant terms were unfair and unreasonable.", "sourceUrl": "https://news.zol.com.cn/735/7350169.html", "sourceUrls": [ "https://news.zol.com.cn/735/7350169.html" ] }, { "year": 2019, "title": "Court orders seller of WeChat group-control software to halt sales and promotion", "summary": "The Shenzhen Intermediate People's Court issued an interim conduct order requiring a Wuhan technology company to stop selling, publicizing, and promoting group-control software that the court said harmed Tencent's interests and disrupted the WeChat ecosystem and competition order.", "sourceUrl": "https://tech.sina.com.cn/roll/2019-12-05/doc-iihnzahi5538913.shtml", "sourceUrls": [ "https://tech.sina.com.cn/roll/2019-12-05/doc-iihnzahi5538913.shtml" ] } ], "decisions": [ { "year": 2011, "type": "product_launch", "title": "Launch Weixin as a mobile ecosystem", "context": "Tencent needed to extend its communications franchise from desktop-oriented QQ into rapidly expanding smartphone usage.", "action": "It launched Weixin, later branded internationally as WeChat, and progressively added social, payment, content, commerce, and mini-program functions.", "aftermath": "WeChat became one of Tencent’s defining platforms and a foundation for several other businesses.", "financials": null, "competitorReactions": [], "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2014, "type": "strategy", "title": "Use music-rights litigation to pursue sublicensing", "context": "Tencent sued NetEase over alleged copyright infringement in online music.", "action": "Tencent used the dispute to reach a music-rights sublicensing arrangement with NetEase.", "aftermath": "The resulting arrangement was described as a model subsequently used by other Chinese online music platforms.", "financials": null, "competitorReactions": [], "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2016, "type": "mna", "title": "Acquire control of Supercell", "context": "Tencent sought to expand its global mobile-games portfolio through a major investment in the Finnish developer Supercell.", "action": "Tencent agreed to acquire an 84.3 percent interest in Supercell for approximately US$8.6 billion.", "aftermath": "The transaction reinforced Tencent’s status as a global games publisher and investor.", "financials": { "metric": "Transaction value", "before": null, "after": "Approximately US$8.6 billion", "period": "2016", "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, "competitorReactions": [], "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2017, "type": "product_launch", "title": "Add search, news feeds, and mini-programs to WeChat", "context": "Tencent sought to make WeChat a broader platform and to compete more directly with search, content, and application-distribution services.", "action": "It introduced or expanded search and news-feed functions and launched mini-programs that users could access without separately downloading conventional applications.", "aftermath": "The changes strengthened WeChat’s position as an ecosystem and application gateway.", "financials": null, "competitorReactions": [], "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" }, { "year": 2018, "type": "strategy", "title": "Adjust gaming strategy amid regulatory scrutiny", "context": "Government scrutiny of online games contributed to a rare decline in Tencent’s reported quarterly profit and increased uncertainty around game approvals and monetization.", "action": "Tencent adjusted its gaming and content strategy while continuing to invest in games, cloud services, artificial intelligence, and enterprise products.", "aftermath": "Regulation became a continuing strategic consideration for Tencent’s gaming and platform businesses.", "financials": null, "competitorReactions": [], "sourceUrl": "https://en.wikipedia.org/wiki/Tencent" } ], "sources": [ { "title": "Tencent - Wikipedia", "url": "https://en.wikipedia.org/wiki/Tencent" }, { "title": "Tencent official corporate website", "url": "https://www.tencent.com" }, { "title": "Tencent official company information", "url": "https://www.tencent.com/en-us/about.html" }, { "title": "Our story - Tencent", "url": "https://www.tencent.com/who-we-are/our-story/" }, { "title": "Who we are - Tencent", "url": "https://www.tencent.com/who-we-are/" }, { "title": "For consumers - Tencent", "url": "https://www.tencent.com/what-we-create/for-consumers/" }, { "title": "Tencent (Thailand) Company Limited", "url": "https://www.wikidata.org/wiki/Q83981657" } ], "needsReview": false }, "sources": [ { "title": "Tencent - Wikipedia", "url": "https://en.wikipedia.org/wiki/Tencent" }, { "title": "Tencent official corporate website", "url": "https://www.tencent.com" }, { "title": "Tencent official company information", "url": "https://www.tencent.com/en-us/about.html" }, { "title": "Our story - Tencent", "url": "https://www.tencent.com/who-we-are/our-story/" }, { "title": "Who we are - Tencent", "url": "https://www.tencent.com/who-we-are/" }, { "title": "For consumers - Tencent", "url": "https://www.tencent.com/what-we-create/for-consumers/" }, { "title": "Tencent (Thailand) Company Limited", "url": "https://www.wikidata.org/wiki/Q83981657" }, { "title": "Tencent's Tenpay payment business fined and confiscated approximately 2.99 billion yuan", "url": "https://www.yicai.com/news/101802282.html" }, { "title": "Tencent's Tenpay payment business fined and confiscated approximately 2.99 billion yuan", "url": "https://www.eeo.com.cn/2023/0707/597469.shtml" }, { "title": "3Q software conflict forced users to choose; subsequent lawsuits decided separately", "url": "https://www.yicai.com/news/1119544.html" }, { "title": "3Q software conflict forced users to choose; subsequent lawsuits decided separately", "url": "https://www.thepaper.cn/newsDetail_forward_1271408?commTag=true" }, { "title": "3Q software conflict forced users to choose; subsequent lawsuits decided separately", "url": "https://media.people.com.cn/n/2014/0225/c40606-24453895.html" }, { "title": "Fake Lao Gan Ma advertising contract triggers Tencent payment-recovery suit, then withdrawal", "url": "https://www.caixin.com/2020-07-10/101578366.html" }, { "title": "Tencent affiliate sues Jolly Culture and affiliates over advertising fees", "url": "https://finance.sina.com.cn/stock/relnews/hk/2019-10-24/doc-iicezuev4715953.shtml" }, { "title": "Tencent responds to former employee's termination allegation", "url": "https://finance.sina.com.cn/chanjing/gsnews/2020-01-02/doc-iihnzahk1549090.shtml" }, { "title": "Tencent sues over alleged cloud distribution of its games", "url": "https://www.gamesindustry.biz/tencent-sues-tech-company-for-putting-its-games-on-rival-cloud-service-without-permission" }, { "title": "Tencent sues author of Morning Wind QQ Bot", "url": "https://tech.sina.com.cn/roll/2020-08-07/doc-iivhvpwx9741507.shtml" }, { "title": "Tencent responds to incident involving a WeChat account ban", "url": "https://tech.sina.com.cn/roll/2020-08-28/doc-iivhvpwy3495125.shtml" }, { "title": "Court rules in Tencent unfair-competition case", "url": "https://finance.sina.com.cn/tech/2020-09-21/doc-iivhuipp5666145.shtml" }, { "title": "Tencent and Lao Gan Ma issue joint response to dispute", "url": "https://www.donews.com/news/detail/1/3103020.html" }, { "title": "Tencent's Quanmin K Ge Responds to Content Enforcement with Rectification Measures", "url": "http://www.chinaz.com/2020/1116/1208870.shtml" }, { "title": "Tencent company fined over alleged advertising violations", "url": "https://news.zol.com.cn/756/7568340.html" }, { "title": "Tencent company fined over alleged advertising violations", "url": "https://tech.hexun.com/2020-11-18/202451023.html" }, { "title": "China fines Alibaba and a Tencent unit over past deals", "url": "https://www.thestar.com.my/aseanplus/aseanplus-news/2020/12/14/china-fines-alibaba-tencent-for-flouting-rules-in-past-deals" }, { "title": "Tencent sues operators of OK WeChat Manager", "url": "https://finance.sina.com.cn/tech/2020-12-08/doc-iiznctke5440715.shtml" }, { "title": "Court rules in Alibaba–Tencent music copyright dispute", "url": "https://www.donews.com/news/detail/8/3133365.html" }, { "title": "U.S. WeChat users sue Tencent over alleged monitoring and censorship", "url": "https://www.epochtimes.com/gb/21/1/13/n12684731.htm" }, { "title": "Chinese courts issue injunctions in Nintendo Switch modification cases", "url": "https://finance.sina.com.cn/tech/2020-12-31/doc-iiznezxs9932181.shtml" }, { "title": "China prohibits Tencent's Douyu–Huya merger", "url": "https://finance.sina.com.cn/tech/2021-07-12/doc-ikqcfnca6290565.shtml" }, { "title": "China prohibits Huya–Douyu merger", "url": "http://finance.people.com.cn/n1/2021/0711/c1004-32154285.html" }, { "title": "Tencent named in China's penalty for undeclared acquisitions", "url": "https://www.dw.com/en/china-fines-alibaba-tencent-in-anti-monopoly-crackdown/a-59890545" }, { "title": "Court orders 8868 rental platform to stop services and pay Tencent", "url": "https://finance.sina.com.cn/tech/2021-11-02/doc-iktzqtyu4979354.shtml" }, { "title": "Tang Ji sues Tencent over alleged online infringement", "url": "https://finance.sina.com.cn/tech/2022-02-24/doc-imcwiwss2686899.shtml" }, { "title": "Court rules in Tencent trademark and unfair competition case", "url": "http://www.chinaz.com/2022/0217/1365123.shtml" }, { "title": "Tencent Fined for Implementing an Unreported Concentration", "url": "http://finance.ce.cn/stock/gsgdbd/202201/05/t20220105_37230790.shtml" }, { "title": "Tencent Fined for Implementing an Unreported Concentration", "url": "https://europe.chinadaily.com.cn/a/202201/05/WS61d52236a310cdd39bc7f36d.html" }, { "title": "Tencent Fined for Implementing an Unreported Concentration", "url": "http://finance.people.com.cn/n1/2022/0105/c1004-32324550.html" }, { "title": "Tencent Fined for Implementing an Unreported Concentration", "url": "https://finance.sina.com.cn/tech/2022-01-05/doc-ikyakumx8423923.shtml" }, { "title": "Court finds infringement of QQ trademarks", "url": "https://finance.jrj.com.cn/2021/11/01153433797314.shtml" }, { "title": "Court rules in Tencent’s unfair-competition case", "url": "https://finance.sina.com.cn/tech/2021-10-21/doc-iktzscyy0950685.shtml" }, { "title": "Douyin removes videos following Tencent copyright complaint", "url": "http://www.chinaz.com/2021/0822/1294356.shtml" }, { "title": "Procuratorate files public-interest lawsuit concerning WeChat Youth Mode", "url": "https://finance.sina.com.cn/tech/2021-08-06/doc-ikqcfncc1387776.shtml" }, { "title": "Court orders compensation in Tencent-related WeChat system dispute", "url": "https://finance.sina.com.cn/tech/2021-07-20/doc-ikqciyzk6553286.shtml" }, { "title": "Tencent sued over Honor of Kings content", "url": "https://tribune.com.pk/story/2302855/tencent-sued-over-inappropriate-content-in-honor-of-kings-game" }, { "title": "Chinese regulator fines Tencent and TAL for unreported acquisitions", "url": "https://finance.sina.com.cn/tech/2021-03-12/doc-ikkntiak9413090.shtml" }, { "title": "Court dismisses claim over WeChat friend-relationship data", "url": "http://www.chinaz.com/news/1222308.shtml" }, { "title": "Tencent denied Douyin’s allegations", "url": "https://china.qianlong.com/2021/0204/5378743.shtml" }, { "title": "ByteDance sues Tencent over alleged monopolistic conduct", "url": "https://www.biznews.com/briefs/tiktok-owner-sues-tencent" }, { "title": "Tencent responds to Douyin lawsuit", "url": "https://www.zaobao.com.sg/realtime/china/story20210202-1121250" }, { "title": "Tencent responds to Douyin lawsuit", "url": "https://www.chinatimes.com/realtimenews/20210202005954-260409" }, { "title": "Tencent responds to Douyin lawsuit", "url": "https://www.donews.com/news/detail/8/3135630.html" }, { "title": "Tencent discloses anti-fraud investigation findings", "url": "https://finance.sina.com.cn/tech/2021-02-02/doc-ikftssap2408233.shtml" }, { "title": "Court transfers Douyin–Tencent competition case to Shenzhen", "url": "https://finance.sina.com.cn/tech/2021-02-02/doc-ikftssap2403116.shtml" }, { "title": "Lawsuit filed against Tencent Video over advance-on-demand service", "url": "https://news.zol.com.cn/735/7350169.html" }, { "title": "Court orders seller of WeChat group-control software to halt sales and promotion", "url": "https://tech.sina.com.cn/roll/2019-12-05/doc-iihnzahi5538913.shtml" }, { "title": null, "url": "https://tech.caijing.com.cn/20261104/5191812.shtml" }, { "title": null, "url": "https://news.google.com/rss/articles/CBMivgFBVV95cUxNZWJQOGRuTGwyaDdhNm9pUkwxSTdndmhaLTI1MTAzYUdpd0EyNE1YT2xGeFNVbGNKRXhOa1Fob3QyOS05RnJReHJ6N3BhWlNBNXJXaU5XN3hzcllGUzRHbGVfTU9sUlNZNlNwd3FvMHA5VE9CcDRoQXJFNGQ3X29ZeDJEbXliRHB5a2FGVVBpUklwLTBfaG05UC1iR1VLd3kxNDFlVnlvV05LZDVvaVN5VUFaNm1PVDBmZVN6V2h3?oc=5" }, { "title": null, "url": "https://economictimes.indiatimes.com/tech/technology/tencent-partners-with-cyberlite-india-to-support-research-programme-on-gaming-career/articleshow/135507762.cms" }, { "title": null, "url": "https://finance.sina.com.cn/tech/discovery/2026-11-03/doc-inixmnqa6769590.shtml" }, { "title": null, "url": "https://tech.ifeng.com/c/8xcQElLpVFu" }, { "title": null, "url": "https://www.cnbc.com/2026/10/29/tencent-visa-citi-mastercard-.html" }, { "title": null, "url": 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KitGuru", "url": "https://www.kitguru.net/tech-news/mustafa-mahmoud/tencent-acquires-sumo-group-for-1-3-billion/" }, { "title": "Tencent Announces 2020 Fourth Quarter and Annual Results", "url": "https://www.prnewswire.com/news-releases/tencent-announces-2020-fourth-quarter-and-annual-results-301254728.html" }, { "title": "Tencent announces 50b yuan social charity investment plan", "url": "https://europe.chinadaily.com.cn/a/202108/20/WS611f1023a310efa1bd669ff0.html" }, { "title": "Tencent launches $100M fund to fight COVID-19 | TechCrunch", "url": "https://techcrunch.com/2020/03/25/tencent-launches-100m-fund-to-fight-covid-19/" }, { "title": "Tencent launches anonymous social app Dengyu Jiaoyou · TechNode", "url": "https://technode.com/2019/12/17/tencent-launches-anonymous-social-app-dengyu-jiaoyou/" }, { "title": "Tencent launches new online shopping feature in WeChat app, in a challenge to rivals Alibaba and JD", "url": "https://www.cnbc.com/2020/07/16/china-tech-giant-tencent-launches-new-online-shopping-feature-in-wechat-app.html" }, { "title": "Tencent Launches Three New Chips as China's Tech Giants Bolster Efforts in Semiconductors", "url": "https://www.nbcconnecticut.com/news/business/money-report/tencent-launches-three-new-chips-as-chinas-tech-giants-bolster-efforts-in-semiconductors/2638538/" }, { "title": "Tencent launches three self-designed chips in semiconductor push", "url": "https://www.scmp.com/tech/tech-war/article/3154744/tencent-launches-three-self-designed-chips-expansion-drive-helping" }, { "title": "Tencent partners with CIPSH to explore China's digital cultural production - People's Daily Online", "url": "https://en.people.cn/n3/2020/0730/c90000-9716671.html" }, { "title": "Tencent Partners with UnionPay through Mobile Payment Integration - Coinspeaker", "url": "https://www.coinspeaker.com/tencent-unionpay-integration/" }, { "title": "Tencent receives Technology Excellence Award for cloud services", "url": "https://sbr.com.sg/co-written-partner/more-news/tencent-receives-technology-excellence-award-cloud-services" }, { "title": "Tencent Reports Incredible Q2 Earnings Despite Trump's Ban on Its WeChat App - Coinspeaker", "url": "https://www.coinspeaker.com/tencent-q2-earnings-ban-wechat/" }, { "title": "Tencent Rolls Out AI Model Trained With Limited Cybersecurity Data Amid Hacking Fears", "url": "https://www.deccanchronicle.com/technology/tencent-rolls-out-ai-model-trained-with-limited-cybersecurity-data-amid-hacking-fears-2001673" }, { "title": "Tencent Stock Down 5.5%, Company Launches Minishop Feature in WeChat app to Compete with Alibaba, JD - Coinspeaker", "url": "https://www.coinspeaker.com/tencent-stock-down-5-5-company-launches-minishop-feature-in-wechat-app-to-compete-with-alibaba-jd/" }, { "title": "Tencent und YESMILANO wollen gemeinsam in China für Reisen nach Mailand werben", "url": "https://www.finanznachrichten.de/nachrichten-2019-10/47953037-tencent-und-yesmilano-wollen-gemeinsam-in-china-fuer-reisen-nach-mailand-werben-007.htm" }, { "title": "Tencent unveils first chips in push beyond online content", "url": "https://www.thestar.com.my/tech/tech-news/2021/11/03/tencent-unveils-first-chips-in-push-beyond-online-content" }, { "title": "Tencent’s ‘Call of Duty: Mobile’ launches in China with 50 million sign-ups and Jay Chou’s endorsement", "url": "https://www.thestar.com.my/tech/tech-news/2020/10/21/tencents-call-of-duty-mobile-launches-in-china-with-50-million-sign-ups-and-jay-chous-endorsement" }, { "title": null, "url": "https://finance.sina.com.cn/chanjing/gsnews/2020-05-12/doc-iirczymk1203704.shtml" }, { "title": null, "url": "https://finance.sina.com.cn/stock/relnews/hk/2020-05-12/doc-iircuyvi2624037.shtml" }, { "title": null, "url": "https://finance.sina.com.cn/tech/2021-03-18/doc-ikknscsi7907979.shtml" }, { "title": "UiPath raises $225 million in Series E funding round", "url": "https://www.information-age.com/uipath-raises-225-million-series-e-funding-round-16331/" }, { "title": "UiPath Raises USD 225 Million Series E Funding Round at a post-money valuation of USD 10.2 billion - 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