2022-04-08
Bloomberg
1 related
China will begin on-site inspections of large internet platforms to assess potential abuse of their algorithms, likely including Tencent and ByteDance
China kicked off a formal campaign to rein in the potential abuse of algorithms by internet giants from ByteDance Ltd. to Tencent Holdings Ltd. …
2021-08-03
Wall Street Journal
23 related
After Chinese state media criticized online gaming as “opium for the mind” in a now-deleted article, Tencent announces stricter rules for young users
Shares of NetEase and Bilibili also suffer steep falls — Shares of Tencent Holdings Ltd. and rivals plummeted Tuesday …
2020-08-07
Wall Street Journal
5 related
Shares of Tencent, which had a market capitalization of $687B on Thursday, closed down 5%+ in Hong Kong after Trump's ban on WeChat
Just before the news, Tencent shares were trading near a record high — Shares of Tencent Holdings Ltd. TCEHY 0.17% plunged as much as 10% on Friday …
2018-08-16
Bloomberg
8 related
Tencent's recent profit drop and China's freeze on game approvals shows the downsides of government patronage
- ‘If it can happen to Tencent, it can happen to anyone.’ — Internet giant has lost more than $170 billion in market cap — China long celebrated Tencent Holdings Ltd. as a national champion.
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