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Rumor: Tencent North America Branch Lays Off 40% of Staff

Sohu IT, 5/14/13

An industry source revealed today that Chinese internet and mobile services firm Tencent (0700.HK) has begun a new round of layoffs at its North American branch, affecting around 20 people, or 40% of the team. Read More

Tencent Invests in USD 100 Mln Android Developer Fund

DCM PR, 4/21/11

Chinese internet, WVAS, and online gaming firm Tencent (0700.HK) joined venture capital firm DCM, Japanese social networking giant Gree, and Japanese mobile operator KDDI to launch a USD 100 mln Android strategic investment fund, the A-Fund. Read More