Huya has agreed to buy DouYu International Holdings in an all-share deal that will create a Chinese game-streaming giant with a market value of more than $11-billion.
Browsing: Tencent
Caught off guard by Tencent’s record-breaking rally earlier this year, Hong Kong’s stock investors are getting well prepared for the next one.
Just as the Chinese duo of Jack Ma and Pony Ma have carved up major chunks of their country’s Internet businesses, the battle for control of 1.3 billion Indians’ data could become a two-horse race.
Donald Trump, Covid-19 and an increasingly truculent Xi Jinping means there is no such thing as certainty in the world of business and politics. Everyone needs insurance.
US President Donald Trump asked a San Francisco judge to stay an injunction blocking a ban on Tencent’s WeChat, arguing the Chinese-owned messaging app jeopardises national security.
ByteDance has emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict US President Donald Trump’s statements about how the new entity will be directed by Americans.
A US judge on Sunday blocked the Trump administration from requiring Apple and Google to remove Chinese-owned messaging app WeChat for downloads.
The US commerce department issued order on Friday that will bar people in the US from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok.
The latest additions to China’s list of controlled technology exports could upset a broad range of industries and raise the possibility that some global tech giants might have to split off their Chinese operations.
China is planning a sweeping set of new government policies to develop its domestic semiconductor industry, conferring the same kind of priority on the effort it accorded to building its atomic capability.