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Tencent Admits Facebook’s Libra Is a Threat to WeChat Pay
24.10.2019
Tencent admits that Libra is a threat to the expansion of its payments services
Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay
24.10.2019
Chinese internet giant and parent of WeChat, Tencent said Libra would pose serious risks to current digital payment systems in the country
Kik Messenger Saved From the Verge of Shutdown
22.10.2019
The SEC’s lawsuit against Kik almost cost the company its life. Here is the story of how it survived
Tencent, Fidelity Back $20 Million Round for Blockchain Firm Everledger
24.9.2019
Blockchain provenance startup Everledger has raised $20 million in a Series A round led by internet giant Tencent
Largest Tencent Shareholder Leads $15M Round in Blockchain Game Developer
23.9.2019
Tencent’s largest shareholder leads $15 million funding round in blockchain gaming startup behind Gods Unchained game
Alibaba and Tencent Refuse to Share Loan Data Information with Beijing
19.9.2019
As everyone knows, a credit system is something that almost all countries need to have, and it is a hugely important tool that helps in keeping the consumer credit market as strong as possible. To that end, the Chinese central bank launched a private credit score company named Baihang in 2018. That...
BIS Wants ‘Level Playing Field’ for Banks Amid Threat From Firms Like Facebook
24.6.2019
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space
Chinese Tech Giant Tencent Bets $40 Million British Fintech Firm True Layer
4.6.2019
The financial technology sector is one of the most important industries to have emerged over the past few years and during that time the United Kingdom has gone on to become one of the most influential countries in terms of Fintech innovation. One of the more interesting Fintech companies to have...
Tencent to Overhaul Overseas Strategy after ‘Honour of Kings’ Failure
28.5.2019
Replicating the success that a mobile game enjoys in one market can be tough when the game is offered to a global audience, and that is what Tencent Holding found out with the failure of the mega-hit mobile game ‘Honour of Kings.’ Before making the game available at a global level, the game...
WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts
10.9.2018
WeChat has just blocked an official sales channel for Bitmain miners, along with several accounts that analyse the crypto markets