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Chinese tech firms hammered by the Archegos blow-up announce share buybacks

Vipshop, Tencent Music Entertainment, and GSX Techedu all announced share buybacks in the past week…

Will Daniel   


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Spotify-led global music streaming market hits 394million subscribers

Led by Swedish music streaming service Spotify, the global online music streaming subscriptions inc…

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Tencent and Alibaba Group have lost more than $100 billion in July as China cracked down on internet giants

The storm of regulatory changes ⁠— from new protection for workers to enforcement of minimum salari…

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Tencent sheds $65 billion in 2 days as investors fear a Chinese government crackdown

Chinese authorities are stepping up its scrutiny of the country's fintech firms, and Tencent could …

Harry Robertson   


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China tightens its grip on tech giants, killing a merger that would have allowed Tencent to dominate the video game streaming industry

Beijing continues to clamp down on monopolies among big tech, blocking plans by Tencent to merge Ch…

Matthew Loh   


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Here comes Tencent Music, China's biggest streaming-music service

This will be the first time that Tencent Music has released earnings since going public in the US i…

Ethel Jiang   


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Something weird just went down in the stock market, and Wall Street is speculating it's the result of a fund liquidation

Shares of ViacomCBS and Discovery fell as much as 35% Friday, while US-listed shares of China's Bai…

Victoria Cavaliere   


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Chinese tech giants sink on report China is considering a state-backed company to oversee tech data

Chinese tech giants fell on Wednesday after reports said the PBOC is considering establishing a joi…

Will Daniel   


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A Tencent-led consortium buys 10% of Universal Music, valuing the world's biggest music firm at $34 billion

Vivendi has enjoyed steady gains from the music corporation. Streaming services have quickly become…

Ben Winck   


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Chinese streaming-music service Tencent Music files for a US IPO

"We have demonstrated that users will pay for personalized, engaging and interactive music experien…

Ethel Jiang   


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India bans PUBG, Ludo World, and 116 other Chinese mobile applications

India has banned 118 Chinese apps as border tension with China continue to flare up.

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Chinese giant Tencent is in talks to buy a $3.4 billion stake in Ariana Grande's music label Universal Music Group

Vivendi, last July said that it was looking to sell up to half of Universal Music Group, but ruled …

Yusuf Khan   


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If Alibaba and Tencent are rolled into one, it may look a lot like Mukesh Ambani’s Reliance Jio ⁠— only much smaller for now

Now, some see Jio as the next Alibaba, and some see it as India’s Tencent. Or is it both rolled …

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Tencent's Ma Huateng replaces Jack Ma as China's richest person

Before co-founding Tencent in 1998, Pony led research and development for the internet paging …

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Tencent is releasing a voice-activated version of WeChat optimized for cars

For big tech firms, there is a clear benefit to being integrated into the in-car experience - it's …

Hirsh Chitkara   


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Tencent eyes silver generation with investment in video app for dancing grannies

In public squares across China, groups of middle-aged women and seniors regularly gather at dusk an…

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Call of Duty might be brought back to its glory days by publishers behind PUBG

Call of Duty, once the world’s biggest entertainment franchise, is finally coming to mobile. But, i…

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Tencent shows international brands the way into China

In terms of digital advertising revenue, Tencent still has room to catch up to its local rivals Bai…

Andrew Meola   


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Chinese-Canadian pop star Kris Wu detained by Beijing police on suspicion of rape

Beijing police detained the Chinese-Canadian star on suspicion of rape following allegations that h…

Lauren Edmonds   


Theron Mohamed