Tencent

(Bloomberg) -- China unveiled a raft of new measures to rein in spending and content in online games, signaling the start of another industry crackdown that wiped out roughly $54 billion of Tencent Holdings Ltd.’s value.Most Read from…

hapabapa Tencent (OTCPK:TCEHY) has reportedly closed one of its video game studios in the U.S. despite its plans to compete on a global stage. Based in Shenzhen, China, Tencent (OTCPK:TCEHY) shut down the Team Kaiju studio in June,…

(Bloomberg) -- Alibaba Group Holding Ltd.’s market value has slumped to only about half that of rival Tencent Holdings Ltd. as the former’s e-commerce-centric business faces sluggish demand and intensified competition.Most Read from…

Zhipu and Baichuan are the two leading startups involved in China’s push for using generative artificial intelligence competing with Google and OpenAI. Amid the buzzing AI market, Chinese AI startup Zhipu announced that it has secured…

(Bloomberg) -- Tencent Holdings Ltd. by the most in more than two months amid speculation that Prosus NV, its largest shareholder, may accelerate the sale of shares of the Chinese technology company.Most Read from BloombergShares of the…