Tencent closes Twitch competitor Penguin Esports months after China banned a $6 billion gaming mergerTencent owned Penguin Esports shuts down its video game streaming platform just months after China banned a massive gaming merger that woul...
07 Apr, 2022, 10.06 PM IST
China regulator bars Tencent from exclusive rights in online musicThe Chinese government has been stepping up antitrust actions in recent months against the country's large tech companies, including a reco...
25 Jul, 2021, 06.57 PM IST
China orders takedown of 25 apps from ride service DidiThe Cyberspace Administration of China had already taken down the main Didi app last Sunday, pending a cybersecurity review, after it debut...
10 Jul, 2021, 09.09 AM IST
China readies sizeable penalty for Tencent in sweeping antitrust crackdown, say sourcesTencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped a...
29 Apr, 2021, 11.02 AM IST
China set to clear $3.5 billion Tencent-Sogou deal, but conditions applyChina's antitrust regulator has no objection to the $3.5 billion deal for the 60% of US-listed Sogou that Tencent doesn't already own, as l...
09 Apr, 2021, 09.10 PM IST
China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: SourcesThe move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict co...
09 Apr, 2021, 11.45 AM IST
Tencent bolsters defenses for core businesses as ByteDance muscles into its turfTikTok owner Bytedance has made sizeable inroads into business areas Tencent holds dear - including ads, gaming, livestreaming, social medi...
09 Feb, 2021, 10.55 AM IST