Business
November 15, 2023
Tencent Music Reports Q3 Decline amid China’s Crackdown on Gambling
Tencent Music, a company that develops music streaming services for the Chinese market, has reported satisfactory Q3 results despite the setbacks caused by the country’s crackdown on online gambling and certain gambling-like gamified features. As reported by Reuters, the music streaming company surpassed its initial quarterly estimates thanks to the noticeable increase in paid subscriptions. […]
Business
August 7, 2020
US-China War Edging Towards a Ban of All Tencent Gaming
In the latest volley against China, U.S. President Donald Trump has issued an executive order banning transactions with Tencent and ByteDance the parent companies of WeChat and TikTok respectively. In doing so, there may be implications for popular games such as Valorant, Fortnite, League of Legends, and others that are heavily reliant on in-game transactions. […]
Esports
July 25, 2020
Tencent Adds Qualcomm as Title Sponsor for PUBG Mobile World League
Tencent has announced the addition of Qualcomm, a company empowering mobile gamers through hardware, as a title sponsor for the currently-in-progress PUBG Mobile World League. Qualcomm Steps in as Title Sponsorship for PMWL Tencent has revealed Qualcomm Snapdragon Elite Gaming as the official sponsor of the upcoming PUBG Mobile World League (PMWL) season zero. Qualcomm […]