Tencent

eSports Expansion Created Through China-Europe Investment

September 7, 2019

Swedish eSports firm Modern Times Group (MTG) is expanding into China through an investment from Tencent-backed Chinese live-streaming platform Huya.

Tencent Invests In Chinese Anime Platform Kuaikan

August 29, 2019

Tencent has invested US$125m in online anime platform Kuaikan, as part of the Internet giant’s long-term efforts to monetise popular Gen Z platforms.

Tencent Eyes Minority Stake In Universal Music Group

August 6, 2019

French media giant Vivendi is moving forward with plans for a partial sale of Universal Music Group (UMG) to China’s Tencent, it announced recently.

Tencent Sees Profits Dwindle Despite Impressive Digital Ad Growth

March 27, 2019

Tencent Holdings released its Q418 and full-year 2018 financial results last week and attempted to calm investors after its biggest quarterly profit drop in 13 years.

Nike Agrees Bumper Chinese eSports Sponsorship Deal With LPL

March 2, 2019

Nike has officially signed a game-changing, four-year partnership with the pre-eminent Chinese esports series - the League of Legends Pro League (LPL).

Tencent Music Poised For US-Based IPO This Week

August 28, 2018

Tencent Music is set to file its IPO with the United States Securities and Exchange Commission on September 7th and the final IPO date is slated for October…

Chinese Mobile Games Primed For Global Growth

August 22, 2018

Did you know Tencent's gaming division, Tencent Games, is the largest mobile gaming company WORLDWIDE?! Chinese mobile games are taking over the world and the US is now…

Report: China's eSports Market To Reach US$1.5B in 2020

July 2, 2018

A recent Tencent report forecasts that the Chinese esports market is expected to grow to US$1.5b in 2020, up from a market size of US$760m in 2017.

Tencent Revenue Boost Driven By Branded Content & Games

May 20, 2018

Strong revenue from games and advertising lifted revenue and profit margins at Chinese online behemoth Tencent.

ASN Interview: Twitch's COO Reveals Why Asia and Gaming Are Ripe For Expansion

October 12, 2017

When someone as influential as the NBA Commissioner says they should broadcast their basketball matches like Twitch - the live streaming and social platform for gamers - it…