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The company announced in June it had agreed to buy Finnish game-maker Supercell Oy, creator of Clash of Clans, from Japanese mobile firm SoftBank for $8.6 billion (P398.26 billion). “In recent months, we have conducted several initiatives to develop our online games and digital content businesses,” chairman Ma Huateng said in a statement to the Hong Kong Stock Exchange, where it is listed. Tencent’s online games business grew by 32% to 17.12 billion yuan (P119.7 billion) in revenues in the second quarter, helped by existing gaming offerings including popular Cross Fire Mobile and Honor of Kings, it said. Chinas Ministry of Industry and Information Technology (MIIT) said on Wednesday that 43 apps, including Tencent Holdings Ltds (0700.HK) WeChat, were found to have illegally transferred user data. The company said Weixin “further penetrated into communication scenarios at work,” with 20 million active users registered on its platform for enterprises. The company’s messaging service is expanding into the corporate sector. Monthly active users for WeChat – known as Weixin in Chinese – reached 806 million from 600 million in June last year.
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We provide advanced technologies for event organizers to digitalize their offline events such as site builder, virtual booth, live streaming, business matching system and so on. Owned by Tencent, one of China's biggest companies, the chat-meets-payment app has more than 1. Tencent Cloud Conference (TCC) is an all-in-one virtual/hybrid event management solution. Revenue jumped by 52% from 23.43 billion yuan (P163.81 billion) to 35.69 billion yuan (P249.52 billion), the technology company said.īased in the Chinese southern export hub of Shenzhen, Tencent operates China’s biggest messaging service WeChat, through which a variety of businesses including gaming, advertising and social networking have flourished in recent years. Chinese cyberspace is one of the most surveilled and censored in the world. 45 billion messages were sent daily in January 2019 on. WeChat has 3.5 million mini programs on its platform, which transacted 2.7 trillion RMB in 2021. In Q1 2022, WeChat had 1.26 billion active users. Net profit for the three months to June rose to 10.74 billion yuan (P75.08 billion) from 7.31 billion yuan (P51.11 billion) in the same period last year, beating the average analyst estimate of 9.52 billion yuan (P66.56 billion) according to a Bloomberg survey. Tencent’s social network revenue was 17.4 billion in 2021, which accounts for 19 of the company’s total revenue. It was not clear what triggered the companies' moves but social media platforms have been instructed by Chinese regulators to increase policing of what is posted on their sites as Beijing further tightens controls over its cyberspace.HONG KONG, China – Chinese Internet giant Tencent said Wednesday, August 17, its profits jumped by 47% in the second quarter, buoyed by new users of its popular messaging service WeChat, gaming and digital content. read moreĭouyin, a ByteDance subsidiary and the Chinese equivalent of TikTok, said in a statement on Friday that it had also added a similar setting to user accounts. WeChat's notice came only a day after Weibo, another popular Chinese social media platform, introduced the same settings permanently after more than a month of testing. Explora los grandes desafíos, oportunidades, debates y marcos para las empresas y los derechos humanos. Its location function will apply to these public posts.įor example, as of Friday, comments left by users on some of these posts showed which province they were posted from. Chinese internet giant Tencent has reportedly been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on its platform. In addition to its private messaging service, WeChat also allows users such as companies and bloggers to create official accounts where they can publish articles accessible to public. WeChat, which has more than 1.2 billion monthly users, said in a notice that the move targeted misinformation relating to "domestic and overseas hot-topic issues", without elaborating.