WeChat

The Hong Kong government has prohibited the use of popular apps such as Meta Platforms Inc (NASDAQ:META) owned WhatsApp, and Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google-owned Drive on civil servants’ work computers. The decision was made due to potential security threats. What...

A leading economist in China has vanished following critical comments about President Xi Jinping‘s economic policies. What Happened: Zhu Hengpeng, deputy director at the Chinese Academy of Social Sciences (CASS), was detained after allegedly criticizing Xi in a private WeChat group. Zhu...

Tencent Holdings Ltd (OTCPK:TCEHY) (OTCPK:TCTZF) is harnessing the power of AI to shake up the digital advertising space in a big way. In an exclusive interview with Benzinga, Derek Yan, senior investment strategist at KraneShares, said that the Chinese tech giant is positioning itself to maintain...

In a recent development, tech behemoths Apple Inc. (NASDAQ:AAPL) and Tencent are reportedly discussing a potential revenue-sharing agreement for WeChat’s mini-games, as confirmed by Tencent’s Chief Strategy Officer, James Mitchell. What Happened: The two tech giants are contemplating a...

In a move that has sparked concerns about privacy and doxxing, China’s leading social media platforms have announced that “self-media” accounts with over 500,000 followers will be required to disclose real-name information. What Happened: Several top Chinese social media...

Key Takeaways: Tencent’s first-quarter revenue and adjusted net profit rose 11% and 27%, respectively, attracting “overweight” recommendations from major banks Chairman Pony Ma says his company will invest heavily in AI and cloud infrastructure, but is in no rush to roll out semi...

Chinese e-commerce giant JD.Com Inc (NASDAQ: JD) on Wednesday said that it renewed its strategic cooperation agreement with the tech and gaming giant Tencent Holdings (OTC: TCEHY) for a period of three years. What Happened: The company, in a press statement, said it would issue shares worth $220...

Tesla Inc (NASDAQ: TSLA) has called off three online recruitment events in China that were scheduled to take place this month, Reuters reported on Friday, citing notifications on social messaging app WeChat. What Happened: Elon Musk-led Tesla canceled the events saying it...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s plan to quadruple Twitter Inc’s (NYSE: TWTR) revenue to $26.4 billion by 2028 is “achievable,” according to noted Apple Inc (NASDAQ: AAPL) analyst Ming-Chi Kuo. What Happened:...

U.S.-listed China stocks launched into a rally earlier this week, encouraged in part by indications from Beijing that the witch-hunt against these companies will soon end. A Bloomberg report, however, suggested that it may be too early to call a truce. What Happened: Media and...

A SaaS provider of artificial intelligence-powered and enabled customer engagement solutions in China announced the launch of a new product Monday morning. What Happened: Infobird Co. (NASDAQ: IFBD) is launching the WeChat Call Center, an intelligent SaaS product. The company is hoping the new...

Chinese on-demand delivery and retail platform, Dada Nexus Ltd’s (NASDAQ: DADA) on-demand delivery platform Dada Now has forged a cooperative partnership with WeChat Search to grow users in the WeChat ecosystem. The search volume of Dada Now in the official brand...

Online education platform Coursera is considering going public next year, Bloomberg has reported. What Happened: Coursera, which offers courses from the world’s top universities, is talking to underwriters about an IPO at a potential $5 billion evaluation, sources close to...

Smartphone messaging app WeChat has averted a U.S. ban. A federal judge in California temporarily blocked the Trump administration’s executive order preventing Americans’ use of WeChat, a social network owned by Shenzhen, China-based Tencent Holdings (PINK: TCEHY). U.S....