Josh Ye
Stories by Josh Ye
Tencent’s dry spell in gaming may have ended with ‘Dungeon and Fighter’
The mobile game was ranked as the world's second top-selling app last week.
Tencent’s Q1 revenue growth beats estimates as ad sales, business services shine
Revenue reached $22.04 billion for the three months ended March 31.
Tencent to release ‘Dungeon and Fighter’ mobile game next month
The game was already released in South Korea in 2022 and became an instant hit.
China’s Alibaba Cloud announces price cut on products powered by offshore data centres
Products related to computing, storage, network, database and big data will receive an average of a 23% price reduction.
Tencent shifts focus to in-house games from big-budget Western franchises
Developing big-name Western franchises for mobile phones tends to yield thin margins.
China’s Tencent posts weak revenue growth, plans to double buybacks
It reported revenue of 155.19 billion yuan ($21.56 billion) for the three months ended Dec. 31.
Alibaba’s Lingxi Games says management to step down to make way for younger execs
The move is part of a sweeping restructuring.
Alibaba Cloud announces price cuts to win AI software developers
The cloud service provider will lower the prices of over 100 products by an average of 20%.
Chinese video app Douyin’s Group CEO resigns to take new role within ByteDance
Zhang Nan said she would be joining the team at Jianying, a video editing app owned by ByteDance
ByteDance chief warns against complacency, mediocrity as AI brings disruption
ByteDance has recently increased its focus on AI while pulling the plug on some businesses.
