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Tencent is seeking up to $1.6 billion by selling a 7.5% stake in Kuaishou, reflecting a strategic realignment amid market challenges and regulatory pressures.
Alibaba and Tencent have lost multiple lobbying firms in Washington as the Pentagon enforces a new rule targeting Chinese military-linked companies.
China's ChangXin Memory Technologies has reportedly won a $3 billion memory chip deal with Tencent, signaling a major step forward in the country's push for semiconductor self-reliance.
Prosus reports a doubling of profit as its diversified investments in e-commerce and digital platforms pay off, moving beyond its reliance on Tencent.
Tencent is reportedly considering exiting several of its minority stakes in Japanese game studios, including Marvelous Inc., as it reassesses its global gaming portfolio. The move signals a strategic shift amid changing market dynamics and increasing competition.
Tencent is testing a new AI assistant named Xiaowei within WeChat, aiming to integrate artificial intelligence directly into its messaging platform ahead of a Q3 rollout.
Tencent is enabling PayPal users to make payments in China via WeChat Pay’s merchant network, addressing a major hurdle for international tourists. The integration expands PayPal's reach and supports a growing trend of cross-border digital commerce.
Tencent has launched ClawPro, an enterprise AI agent platform built on the open-source OpenClaw framework, which has become the fastest-growing project in GitHub’s history.
