Josh Ye
Stories by Josh Ye
Tencent says it will keep cutting costs as annual revenue drops for the first time in 2022
Tencent posted revenue of $81b for 2022, down 1% from a year earlier.
China to import 27 new video games, including Tencent, NetEase titles
This marks the second batch of foreign online games to receive publishing licences in China
Chinese ride-hailing firm Didi to step up a gear as regulators end probe
The company will work with partners in the industry to offer more services and cover more cities.
China’s Tencent sets up development team for ChatGPT-like product
The product will incorporate Tencent's AI training model.
Tencent’s ‘extended reality’ plans take a hit amid sobering economic outlook
The company, however, says it is not disbanding the XR unit.
ByteDance-owned VR firm Pico announces ‘small’ layoffs
ByteDance bought Pico in 2021 in a bet on the metaverse.
Saudi’s PIF buys $265m stake in Tencent-backed Chinese gaming company VSPO
PIF will become the Chinese firm’s single largest equity holder.
Tencent reportedly laying off workers at its new extended reality unit
The metaverse became the new buzz word for investors and tech companies in 2021
ChatGPT frenzy sweeps China as firms scramble for home-grown options
While the ChatGPT app is off-limits to users in China, it is attracting huge interest in the country.
China approves 87 new video games including titles by Tencent, Alibaba
NetEase and XD Inc also bagged approvals for their respective titles.
