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Tencent Doubles 2015 Budget for Literature Subsidiary

Sohu IT, 12/09/14

At Chinese internet and mobile services firm Tencent's (0700.HK) 2014 Online Literature Summit in Shenzhen yesterday, Wu Wenhui, head of the company's Tencent Literature subsidiary, revealed that Tencent will double investments in it online literature business next year. Read More

Update: Tencent Establishes WeChat Business Group

36Kr, 5/06/14

Chinese internet and mobile services firm Tencent (0700.HK) has officially announced a new round of internal restructuring, establishing a WeChat Business Group responsible for the company's WeChat (Weixin) mobile messaging application and WeChat open platform, as well as Tencent's "WeChat Pay" third-party payment service, WeChat's "Wei Shenghuo" O2O m-commerce platform, and other WeChat-related services. Read More

Sohu, Sogou, Tencent Announce Strategic Cooperation

Sohu, 9/16/13

Chinese internet firm Sohu (Nasdaq: SOHU) and its online search subsidiary Sogou, along with Chinese internet and mobile services firm Tencent (0700.HK), have jointly announced the establishment of a strategic partnership. Read More

WeChat Overseas User Base Reaches 40 Mln

Tencent Tech, 4/07/13

During the 2013 annual conference of the Boao Forum for Asia in Hainan province today, Tencent (0700.HK) president Martin Lau said the internet and mobile services firm's WeChat mobile instant messaging platform now had 40 mln overseas users, and had become the top application in app stores in Indonesia, the Philippines, and Malaysia. Read More

Tencent to Invest USD 1 Bln in E-Commerce Subsidiary

Tencent Tech, 5/24/12

Pony Ma, chairman and CEO of Shenzhen-based internet company Tencent (0700.HK), announced today that Tencent will invest USD 1 bln in establishing the independently operated subsidiary Tencent E-Commerce Holdings (unofficial translation), which will serve to help develop and improve customer-facing services for Tencent's e-commerce business. Read More

Rumor: Tencent President Resigns

TechWeb, 5/17/12

Martin Lau, president of Tencent (0700.HK), will reportedly resign. Read More

Rumor: Tencent to Launch Online Video Website in April

DoNews, 3/17/11

A source within Tencent (0700.HK) claims that after extended preparation, the Chinese Internet firm is prepared to launch its own online video website next month. Read More

Tencent Pursues Third-Party Apps, "Like" Button

Sina Tech, 11/29/10

Martin Lau, president of Tencent (0700.HK), has told the Financial Times that the company plans to imitate Facebook by opening certain platforms to allow users to "like" third-party websites and application developers. Read More