A software copyright infringement case leveled by ByteDance-owned game developer Moonton against Tencent opened for court sessions in Shanghai on November 29, attracting significant attention from the broader market.
Chinese electric vehicle firm NIO and internet giant Tencent signed a strategic cooperation agreement in Shenzhen on November 28. Under the deal, the two sides will carry out in-depth cooperation in the fields of autonomous driving cloud technology, intelligent driving maps and digital ecology.
On November 17, Activision Blizzard suddenly announced that its existing agreement with NetEase will expire on January 23, 2023. Multiple Chinese game developers who are negotiating agency rights with Blizzard Entertainment include Tencent, ByteDance's Nuverse, Perfect World and others.
China's National Press and Publication Administration announced on November 17 an approval list for new online games this month, showing a total of 70 authorized titles. Tencent, which has not obtained approvals since September, attracted wide attention.
On November 16, at its third quarter performance meeting, a senior executive of Chinese Internet giant Tencent responded to questions related to the establishment of a joint venture with China Unicom, a Chinese state-owned telecommunications operator.
Blizzard Entertainment, a leading game developer and publisher based in California, announced that it will not renew its licensing deal with Chinese game developer Netease. Chinese game company miHoYo was rumored to take over the deal.
Tencent launched a public hotspot sharing software several years ago called Tencent WiFi Manager, allowing users to quickly connect to public wireless networks without a password. On November 5, the firm's software team announced that it will officially stop services from 0:00 on December 1.
Faced with the huge uncertainty of the Chinese game industry, the Internet giant Tencent has recently canceled some of its non-core marginal businesses and laid off employees in China while accelerating its investment in the global game industry.
Chinese tech giant Tencent had added a new court notice. The firm is attempting to sue three companies, including OPPO, for unfair competition.
A defamation case brought about by Shanghai-based game developer Moonton Technology against Tencent has recently reached a conclusion. Tencent was ordered to compensate Moonton for losses and expenses totaling 220,000 yuan ($30,800).
Black Shark, a Chinese gaming smartphone brand, has recently been significantly shrinking its number of employees, with layoffs involving various departments and reaching a rate of nearly 50%.
Tencent Intelligent Mobility has built a rich auto service ecology with more than 40 car companies such as Mercedes-Benz, BMW and Audi, with more than 150 models. Its auto business is actually progressing quite well.
On September 28, the car rental business unit of China's leading travel booking platform, Trip.com, and Tencent's travel services platform reached a new cooperation agreement, providing one-stop online car rentals and bookings for users of Tencent's travel services in China.
Tencent has made six major moves within the medical field this year, investing in several medical device enterprises.
Reports have emerged recently claiming that Tencent Holdings is considering a reduction of its shares in Meituan, Beike, Didi and other companies, in order to provide funds for its stock repurchase and new business ventures.
Yuyue Medical, a Chinese medical device manufacturer, announced on September 19 that internet giant Tencent plans to invest 291 million yuan ($41.5 million) in its subsidiary, Xunjie Medical.
Meituan Taxi, the ride-hailing unit of Chinese local life services giant Meituan, on September 15 joined Tencent's travel service platform on WeChat for operations in Shanghai.
Robotics X, a research division of Chinese tech giant Tencent, announced on September 9 the latest progress of its wheel-legged robot named Ollie.
Chinese electronics company TCL announced on September 7 that its cooperation with Tencent START has achieved further progress, including bringing players a higher-definition and extremely low delay gaming experience.
On September 6, Singapore-based tech firm Sea Limited announced that Mark Ren, the chief operating officer of Tencent, had resigned from its board of directors, effective September 5.