Nov 22, 2011 5:54 AM
We’ve observed a lot of western companies looking to cash in on the explosive growth of China’s mobile population by taking their products into the country. Now here’s an example of a Chinese giant looking shop its own mobile services abroad: the internet portal Tencent is now distributing its QQ…
Posted In: Apps, E-Commerce, Payment Systems, Entertainment, Games, Mobile, Technologies / Formats, Broadband, Browsers, Companies, Apple, iTunes, Google, Android, T-Mobile, Countries, Asia, China, alibaba, app store, baidu, getjar, java, symbian, tencent
Nov 18, 2011 5:51 AM
China has become an increasingly important part of Apple’s empire, and today it looks like the company has taken one more step to growing that even more: the company is now accepting payments in Chinese Yuan on its App Store.
Posted In: Apps, Legal, Piracy, Mobile, Companies, Apple, iPad, iPhone, iTunes, Countries, Asia, China, alibaba, alipay, apple store, china, china mobile, ebay, paypal, tencent
Nov 15, 2011 6:18 AM
Tencent (HKG:0700), China’s social media giant, has thumbed its nose at Apple (NSDQ: AAPL) (NASDAQ:AAPL) by releasing a desktop ‘App Assistant for iPhone’ that effectively replaces iTunes.
Posted In: Entertainment, Music, Companies, Apple, iPhone, iTunes, Countries, Asia, China, tencent
Jun 27, 2011 10:31 AM
And you thought stock options were a company perk? In China, the diversified Tencent internet company is setting aside 1 billion yuan ($155 million) for a three-year employee housing plan, as workers are faced by growing Chinese house prices.
Apr 12, 2010 11:12 AM
Digital Sky Technologies, which has been busily investing hundreds of millions in American social media firms in recent months, now has a new backer of its own. Tencent, the big Chinese internet company, is investing $300 million in DST in exchange for a 10.26 percent stake; Tencent is also getting…
Posted In: Money, Bankruptcy, Social Media, Companies, Facebook, Zynga, Countries, Europe, Russia, Asia, China, digital sky technologies, tencent
Sep 9, 2009 1:11 PM
Riot Games has raised $8 million in funding from Benchmark Capital, FirstMark Capital, and Chinese online media company Tencent. Tencent is a new investor; it recently signed a deal to distribute Riot Games’ forthcoming multi-player online game, League of Legends, in China. Benchmark and FirstMark backed the L.A.-based startup with…
Posted In: E-Commerce, Payment Systems, Micropayments, Entertainment, Games, Money, M&A & Venture Capital, Venture Capital, Social Media, Virtual Worlds, benchmark capital, firstmark capital, riot games, tencent
Jun 23, 2009 7:06 PM
Take-Two Interactive (NSDQ: TTWO) is ready to make its first big leap into the online gaming arena, and it’s partnering with Chinese internet and gaming portal Tencent to do it. The publisher has inked a multi-year deal with Tencent to launch the best-selling NBA 2K sports franchise in China. It’s…
Posted In: E-Commerce, Payment Systems, Micropayments, Entertainment, Games, Countries, Asia, China, take-two interactive, tencent
Mar 19, 2009 1:00 PM
While U.S. social networks and portals watch their profits shrivel along with the online market advertising market, one of their Chinese counterparts is doing just fine with a different revenue stream: the sale of virtual goods. Chinese web portal and social-network operator Tencent announced in its fourth-quarter 2008 earnings release…
Posted In: Advertising, Entertainment, Media & Publishing, Countries, Asia, tencent
Jul 15, 2008 11:13 AM
Some good news for Chinese office workers without a TV during the Olympics… Three top web portals, Netease (NSDQ: NTES), Sina (NSDQ: SINA) and Tencent announced together that they have obtained rights to rebroadcast live footage from state network CCTV. These three companies started teaming up last year to go…
Posted In: Entertainment, Sports, Digital Olympics, Countries, Asia, China, netease, sina, tencent
Jan 10, 2008 9:39 AM
Outspark, an SF-based online casual multi-player games operator, has raised an $11 million second round lead by Chinese internet portal Tencent Holdings. DCM and Altos Ventures, which invested in Outspark’s first round last year, also participated. The company’s strategy is to bring popular Asian games to the US audience, so…
Posted In: Entertainment, Games, Countries, Asia, China, altos ventures, dcm, outspark, tencent
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