Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11 percent of its staff globally, the online gaming company said on Monday in a blog that included …
By Bloomberg Published Jan 23, 2024 Amer Sports Inc., the maker of Wilson tennis rackets and Salomon ski boots, is seeking to raise as much as $1.8 billion in what …
China’s Ministry of Industry and Information Technology (MIIT) has announced the formation of a working group aimed at setting standards for the metaverse. In a public notice on Jan. 19, …
China’s Ministry of Industry and Information Technology (MIIT) has assembled 60 experts, including some from the country’s largest technology firms, to form a new working group to establish standards for …
Honour of Kings, the blockbuster video game from market leader Tencent Holdings, will return to ByteDance’s short video app Douyin as the two internet giants bury the hatchet following the …
China’s internet giants from Alibaba Group Holding to Tencent Holdings slashed external investments last year amid an economic slowdown, regulatory headwinds and geopolitical tensions, according to data compiled by a …
The total number of video game players in China has been peaking. By the end of 2023 there were 668 million gamers in China, a tiny increase from the 666 …
A fund that outperformed most of its peers has added Tencent Holdings back to its portfolio recently, betting on the gaming company’s attractive valuation despite further industry curbs by the …
Pony Ma Huateng, founder, chairman and CEO of Tencent Holdings, has described a 2021 privacy controversy sparked by a photo issue with its all-purpose super app WeChat as a “misunderstanding”, …
By Bloomberg Published Jan 4, 2024 Amer Sports Inc., the maker of Wilson tennis rackets and Salomon ski boots, has filed for a US initial public offering. The company has …