China's Hang Seng Tech Index, which includes Chinese tech giants like Tencent and Alibaba, is down 28% since October 2025, shedding nearly $600B in market value
Tencent-owned Finnish game company Supercell says it is cooperating with a CFIUS security probe of Tencent's data practices
Supercell Oy, the Finnish game company owned by Tencent Holdings Ltd., said it's cooperating with a US government security probe of its Chinese parent's data practices.
Sources: the White House is debating whether to allow Tencent to maintain stakes in US and Finnish video game companies; Tencent holds a 28% stake in Epic Games
Chinese company's investments in ‘Fortnite’ creator Epic Games and other creators have faced long-running US security review
Tencent closed its TiMi Montréal studio after nearly five years, without ever releasing a game, as Chinese giants scale back funding for Western game studios
The game industry's contraction is unrelenting. — ∙ Paid — Tencent has shut down its TiMi Montreal studio without …
Tencent closed its TiMi Montréal studio after nearly five years, without ever releasing a game, as Chinese giants scale back funding for Western game studios
The game industry's contraction is unrelenting. — ∙ Paid — Tencent has shut down its TiMi Montreal studio without …
Tencent-owned Finnish video game maker Supercell reports 2025 revenue down 4% YoY to €2.65B, EBITDA up 6% YoY to €932M, and 290M monthly active players
Headcount grew 30% reaching 890 employees globally, developer contributed €220 million to Finnish economy
Alibaba and Tencent are releasing new models and spending millions on “red envelope” freebies to woo users ahead of the Lunar New Year
HONG KONG — China's biggest AI companies are releasing new models and handing out “red envelope” …
Alibaba says it will spend ~$431M in a Lunar New Year campaign from February 6 to attract users to its Qwen AI app, above Tencent's ~$143.7M and Baidu's ~$71.8M
Alibaba (9988.HK) said on Monday it will spend 3 billion yuan ($431 million) to attract users to its Qwen AI app during the Lunar …
Sources: China has told Alibaba, Tencent, and ByteDance that they can prepare orders for Nvidia's H200 chips, suggesting Beijing is close to approving imports
Sources: China has told Alibaba, Tencent, and ByteDance that they can prepare orders for Nvidia's H200 chips, suggesting Beijing is close to approving imports
Chinese officials have told the country's largest tech firms including Alibaba Group Holding Ltd. they can prepare orders …