Pei Li
Stories by Pei Li
China set to order Tencent Music to give up music label exclusivity
SAMR began investigating Tencent Music in 2018 but stopped in 2019 after the company agreed to stop renewing some of its exclusive rights.
Swedish Esports giant Ninjas in Pyjamas to merge with Chinese peer, aims for US listing
The merger with with China's ESV5 will be via equity swap.
China’s Alipay, Wechat limit Didi’s micro-software access to new users
The service is still available to users who have used them on the platforms before.
Weibo chairman, state firm plan to take China’s Twitter-like service private
A deal could value Weibo at over $20 billion and facilitate shareholder Alibaba's exit.
China’s antitrust regulator said to block Tencent’s videogaming merger
Tencent first announced plans to merge Huya and DouYu last year.
Linklogis, Sunway said to jointly seek Malaysia digital bank licence
Sunway will hold a majority stake in the venture.
Chinese regulator opens antitrust violations into Didi Chuxing ahead of US IPO
The regulator is also examining if Didi's pricing mechanism is transparent enough.
China’s Tencent Q1 profit rises 65% while online game revenues climb
Tencent said its revenue from online games grew by 17%.
After Alibaba fine, China readies Tencent penalty in antitrust crackdown
Tencent should expect a penalty of at least 10 billion yuan ($1.54 billion).
China set to clear Tencent’s $3.5b deal to take search engine Sogou private
The regulator has no objection to the deal if Tencent is willing to ensure data security.