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WeChat to Add Paid Content Feature for Public Accounts

Yicai.com, 2/14/17

Chinese internet and mobile services firm Tencent (0700.HK) is planning to add a paid content function for WeChat public accounts, and the function will be customizable by independent media operators on the WeChat platform, confirmed a Tencent spokesperson. Read More

Alibaba, Tencent, Ping An Insurance JV Seeks USD 1 Bln Series A

Cnstock.com, 3/23/15

ZhongAn Online Property and Casualty Insurance, an online insurance joint venture founded by Alibaba Group (NYSE: BABA) chairman Jack Ma, Tencent (0700.HK) chairman Pony Ma, and Ping An Insurance (2318.HK; 601318.SH) chairman Ma Mingzhe, has begun its first round of financing targeting private equity firms, and is planning a 2018 IPO, according to investment promotional materials. Read More

Rumor: Tencent Reinitiates Handset ROM Project

Sohu IT, 5/08/14

According to a source at Chinese internet and mobile services firm Tencent (0700.HK), the company has reinitiated its self-developed mobile ROM project, with work on the project beginning again in April. Read More

Rumor: Sohu, Tencent Plan Video Business Merger

Sohu IT, 2/28/14

A source close to both parties has revealed that Charles Zhang, chairman and CEO of Chinese internet firm Sohu (Nasdaq: SOHU), and Pony Ma (Ma Huateng), CEO of Chinese internet and mobile services firm Tencent (0700.HK), have conducted extensive closed-door meetings regarding a potential online video partnership between the companies. Read More

Tencent to Invest RMB 10 Bln in Financial Services

Sohu IT, 12/09/13

Pony Ma, CEO of Chinese internet and mobile services firm Tencent (0700.HK), has revealed that Tencent has established multiple companies in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Shenzhen Qianhai Economic Zone) related to e-commerce and financial services. Read More

Tencent to Optimize WeChat Signaling Over 2.5G Network

Tencent Tech, 4/10/13

On the evening of April 9, the development team for Tencent's (0700.HK) WeChat (Weixin) mobile messaging application announced via its Sina Weibo microblog that it had begun planning efforts to optimize WeChat's use of 2.5G networks, and is currently working with telecom carrier operations and maintenance divisions to address solutions for WeChat signaling issues. Read More

MIIT Coordinates Telco Plans to Charge for WeChat

Beijing Times, 4/01/13

At Sun Yat-sen University's second annual Lingnan Forum on March 31, Ministry of Industry and Information Technology (MIIT) director Miao Wei said that the MIIT is coordinating plans by telecom operators to charge for Tencent's (0700.HK) WeChat (Weixin) mobile messaging application. Read More

Tencent's WeChat User Base to Reach 300 Mln in Early 2013

ZOL, 12/17/12

Pony Ma, chairman and CEO of Chinese internet giant Tencent (0700.HK), recently announced at an industry conference in Guangdong that Tencent's Weixin (WeChat) mobile messaging application will exceed 300 mln users in January 2013. Read More

B-Ray Media to Acquire 70% of Gamegoo

Securities Times, 10/25/12

Chengdu-based B-Ray Media Corporation (600880.SH) announced in a public filing today that it will issue 120 mln non-public shares, at a price of no less than RMB 9.09 per share, to raise a total (less issuance fees) of RMB 1.03 bln in funds in order to acquire a 70% share of Beijing-based online and browser game developer Gamegoo Information Technology (Manyougu). Read More

Tencent to Launch Mobile App Open Platform

Beijing Times, 10/23/12

Pony Ma, chairman and CEO of Chinese internet giant Tencent (0700.HK), announced at the Mobile Developers Conference China 2012 yesterday that Tencent will incorporate the mobile version of its SNS QZone, Weixin (WeChat) mobile messaging application, LBS, mobile payment, and mobile advertising systems into a new mobile open platform. Read More