Wechat

Tencent leads $350m round in Chinese live broadcasting app Kuaishou

By
Posted

Tencent joins rival Baidu Inc. as a backer of Kuaishou.

Visitors use their smartphones underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014. REUTERS/Kim Kyung-Hoon/File Photo
A 3D printed people's models are seen in front of a displayed Airbnb logo in this illustration taken, June 8, 2016. REUTERS/Dado Ruvic/Illustration
Tencent comany name is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip
Blocks and pieces of gold. Photographer: Chris Ratcliffe/Bloomberg
Jack Ma Photo: Bloomberg
Dancers perform underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014.   REUTERS/Kim Kyung-Hoon/Files
Thailand: Tencent launches JV with Ookbee with $19m investment

Tencent has strengthened its presence in the Thai market through the formation of a joint venture (JV) with Thailand’s Ookbee in the form of Ookbee U, which is intended to be the foundation of a digital media content ecosystem. Ookbee is a digital entertainment platform startup that started as an online book and magazine… Read more »

Internet bubble moves to China.
Photo: Bloomberg
A portrait of the Twitter logo in Ventura, California | REUTERS/Eric Thayer
Twitter China head Kathy Chen leaves company

Twitter Inc executive Kathy Chen, brought in to run Greater China just over eight months ago, has quit, according to a tweet sent by her over the weekend. Twitter has been blocked in China since 2009 but is still used through virtual private networks (VPN). Domestically, the Sina Weibo microblogging… Read more »

Tencent Pictures Chief Executive Officer Edward Cheng Source: Tencent Pictures
Tencent hunts for Hollywood deals to feed China’s film boom

Tencent Pictures, the film unit of China’s biggest internet company, is looking for acquisitions that can accelerate plans to make its own blockbusters instead of just writing checks for them. The potential targets could be in Hollywood and include companies on both the creative and production sides of movie making,… Read more »