App and Software Mobile payment app Lydia raises $45 million round led by Tencent Jan 16, 2020 French startup Lydia is raising a $45 million Series B round (€40 million). Tencent is leading the round with existing investors CNP Assurances,…
App and Software Tencent quietly launches video chat social app Maohu Nov 6, 2019 Tencent has recently launched a video chat-based social app featuring mandatory masks and filters on Apple’s China App Store in a quirky departure…
Tech News update Tencent Admits Facebook’s Libra Is a Threat to WeChat Pay Oct 24, 2019 Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a recent blockchain…
Tech News update Apple says Tencent isn’t snooping on your browsing habits Oct 16, 2019 Apple was quick to allay user concerns this weekend after someone spotted that it was working with Chinese company Tencent to check its users’…
Designing Tencent moves into automotive with $150M joint venture Feb 1, 2019 China’s internet firms are getting pally with giant state-owned automakers as they look to deploy their artificial intelligence and cloud computing…
Designing Google, Tencent, JD.com to inject around US$920M investment in Go-Jek Jan 25, 2019 Ride-sharing startup from Indonesia, Go-Jek, has reportedly continued on its fundraising, setting eye at US$2 billion fresh capital. Three sources…
Tech and Gadget Tencent Profit Beats on Investment Gain, No Progress on China Gaming | Apps Nov 18, 2018 Tencent beat third-quarter profit forecasts on Wednesday but gave no update on a regulatory block in China, the world’s largest gaming market, that…
Tech and Gadget Tencent online music arm could become the biggest IPO | Digital Asia Nov 6, 2018 Google acquires a small customer service automation startup and ButlerinSuits won Rice Bowl Startup Awards Tencent is looking to list its online…
Tech and Gadget Tencent QR code payment service for public transport hits 50 million users across 100 cities |… Oct 26, 2018 Tencent’s QR code payment service for public transportation “sao yi sao” (扫一扫) has reached more than 50 million users across 100 cities since its…
Tech News update What Spotify can learn from Tencent Music | Social Media Oct 7, 2018 On Tuesday, Tencent Music Entertainment filed for an IPO in the US that is expected to value it in the $25-30 billion range, on par with Spotify’s…