Tencent

Chinese tech workers are struggling to find jobs amid Big Tech clampdown

June 16, 2022

Chinese tech workers are struggling to find work after the country’s nationwide Big Tech lockdown has slowed down growth. This comes as part of President Xi Jinping’s move towards “common…

Alibaba beats sales expectations but warns of Covid difficulties

Companies Ecommerce News

Alibaba Baidu Douyin JD.com Livestream shopping revenue Tencent Toby Xu Viya

May 27, 2022

George Iddenden

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Alibaba has posted 9% revenue growth ($30 billion) but claims Beijing’s strict pandemic restrictions are continuing to hinder the brand. The results mean that Alibaba has outstripped its tech rivals…

Beijing approves new online games for the first time in months, giving tech giants boost

Big Tech News

Beijing China Chinese Big Tech Chinese gaming Tencent Xi Jinping

April 12, 2022

George Iddenden

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Chinese regulators have given the green light for new online games for the first time in nine months, as the tech clampdown looks to be showing signs of easing. Tech…

Alibaba to invest $60 million in AR glasses maker Nreal

Augmented & Virtual Reality Companies News

Alibaba AR Beijing China Horizon Workrooms Meta Nreal Tencent

March 30, 2022

George Iddenden

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Alibaba has led a $60 million investment round augmented reality glasses manufacturer Nreal, as the tech giant looks for ways to enter the metaverse. Nreal glasses users can wear two…

Tencent profit surges 60% amid Big Tech crackdown

Ecommerce News

Alibaba Beijing Big Tech crackdown China Chinese games Chinese regulators ecommerce Education Online games Tencent

March 23, 2022

George Iddenden

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Tencent’s quarterly profit has leapt 60% amid the country’s widespread crackdown on Big Tech and its slowest revenue growth on record. Beijing’s grip on its domestic technology sector has tightened…

Alibaba posts slowest quarterly sales growth since 2014 IPO

Big Tech Ecommerce News

Alibaba Chinese Big Tech JD.com Pinduoduo Tencent

February 24, 2022

George Iddenden

No Comments

Chinese ecommerce giant Alibaba has posted its slowest quarterly sales growth figures since it went public in 2014. The news comes on the back of the ongoing regulatory clampdown on…

Alibaba and Tencent are added to US black list of brands

Companies Ecommerce News

Alibaba AliExpress Chinese Big Tech Pinduoduo Tencent

February 18, 2022

George Iddenden

No Comments

Both Alibaba and Tencent have been added to the US “Notorious Markets List” of businesses it believes are involved with trading counterfeit products. The list contains 42 online sites and…

Activision's Call of Duty Modern Warfare on shelf

Microsoft to buy Call of Duty maker in mammoth-sized $68bn deal

Companies IPOs & Investment News

Activision Blizzard Call of Duty Gaming Microsoft Microsoft activision Microsoft buys Activision Sony Tencent Xbox

January 19, 2022

George Iddenden

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Microsoft has announced a record $68.7 billion deal to acquire the makers of the popular first person shooter series Call of Duty, Activision Blizzard. The deal, which was announced on…

Beijing to target tech company algorithms as part of next crackdown

Big Tech News

Alibaba Beijing big tech ByteDance China Tencent TikTok

January 12, 2022

George Iddenden

No Comments

China is putting the finishing touches to a new regulation which will govern the way that Big Tech companies are allowed to use recommendation algorithms in what could be a…

Chinese tech firms will now require data security reviews before floating abroad

IPOs & Investment News

Alibaba CAC Chinese Big Tech Didi Hong Kong IPOs New York Tencent

January 4, 2022

George Iddenden

No Comments

Chinese tech firms will need to undergo data security reviews in order to get permission to float abroad from next month. The proposals, which were initially suggested last year, will…

Tencent

Chinese tech workers are struggling to find jobs amid Big Tech clampdown

Alibaba beats sales expectations but warns of Covid difficulties

Beijing approves new online games for the first time in months, giving tech giants boost

Alibaba to invest $60 million in AR glasses maker Nreal

Tencent profit surges 60% amid Big Tech crackdown

Alibaba posts slowest quarterly sales growth since 2014 IPO

Alibaba and Tencent are added to US black list of brands

Microsoft to buy Call of Duty maker in mammoth-sized $68bn deal

Beijing to target tech company algorithms as part of next crackdown

Chinese tech firms will now require data security reviews before floating abroad

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