Tencent Financial News

08.03 / 00:47

Ethereum Adoption Tencent Immutable valuation Immutable raises $200M to invest in blockchain gaming, bringing valuation to $2.5B

Australian NFT trading platform Immutable announced a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek and with participation from Animoca Brands and Tencent. Additional investment from ParaFi Capital, Princeville Capital and Arrington Capital as well as from existing backers King River Capital, Prosus Ventures, AirTree Ventures, Declaration Partners and others have raised Immutable’s valuation to $2.5 billion.

25.01 / 12:57

Provident Mobile Tencent Support Tencent to Offer Metaverse Business Support in Japan before Feb

Reportedly, Chinese tech-giant Tencent will provide support services for the virtual space «Metaverse» business to Japanese companies as soon as before February, according to Japan's Nikkei media report on Monday.

12.01 / 18:31

Digital Apple Tencent China's digital yuan wallet arrives in Android and Apple app stores

The wallet app has so far been available on an invitiation-only basis, but its arrival on the app stores signals the central bank's determination to seed the technology across the population ahead of the showcase Winter Olympic games in Shanghai next month when it will compete for traction against the dominant commercial payment apps from Ant Group and Tencent.

05.01 / 19:23

Digital Apple Tencent China's digital yuan wallet arrives in Android and Apple app stores

05.01 / 13:53

Digital Apple Tencent China's digital yuan wallet arrives on the Android and Apple app stores

23.12 / 12:55

Digital Tencent Agency Chinese State Media Agency Xinhua to Issue First News NFT Collectables

Amid the strict restriction of cryptocurrency activities in China, Chinese state media agency Xinhua will issue its first news non-fungible tokens (NFT) collection on Friday at 8 p.m.

23.12 / 11:55

Strategy Tencent Pinduoduo JD.com stake JD.com tanks after Tencent says it will give away most of its stake in e-commerce giant to shareholders

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21.12 / 13:16

Gaming Tencent regulatory Chinese Tech Giants Ready Metaverse, NFT Moves Despite Regulatory Scrutiny

China’s tech giants are hopeful of launching metaverse and non-fungible token (NFT) businesses despite suffering a torrid year at the hands of the country’s vehemently anti-crypto government. Heavy-hitters including JD.com and Alibaba have laid out plans that involve metaverse and NFTs, although regulations have forced them to make cosmetic name changes.

16.12 / 09:25

Platform Mobile Tencent China's buy now pay later market is growing — but challenges remain, experts say

China's buy now pay later market is set to grow — but the industry is still at a nascent stage, and challenges lie ahead, experts told CNBC.

15.12 / 12:45

Provident Digital Tencent Intuit Scalable Capital moves into crypto trading

Scalable Capital provides a dashboard display of crypto prices in real time and detailed information about the individual currencies, with trading taking place on Xetra and gettex."We make trading crypto as easy as trading shares or ETFs," says Erik Podzuweit, co-founder and co-CEO of Scalable Capital. "Crypto currencies are well established as an asset class in a balanced portfolio.

02.12 / 09:25

Platform Mobile Tencent In a move to break down barriers, a Tencent exec says WeChat Pay will soon be available 'in all places'

GUANGZHOU, China — Barriers between China's tech rivals like Alibaba and Tencent are coming down as Chinese companies rush to comply with Beijing's crackdown on alleged monopolistic practices.

18.11 / 06:07

FIVE Platform Tencent Deal Evergrande shares slip after deal to raise $273 million in a business sale

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16.11 / 05:07

Remark Tencent Baidu Biden, Xi kick off virtual meeting with calls to increase communication

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping kicked off a virtual meeting on Tuesday with a positive tone and cordial remarks.

01.11 / 13:47

cryptocurrency Ban Tencent Collectibles Chinese Tech Titans’ Digital Collectibles Pledge Involves ‘Fighting Crypto’

Some of China’s biggest tech firms including the likes of JD, Tencent, and Alibaba’s Ant Group have signed a “self-regulating pact” that involves a commitment to “fighting” or “eliminating” cryptoassets.

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