Tencent loses $54 billion owing to China’s stricter gaming regulations

Recently, Chinese regulators implemented a comprehensive set of regulations targeting spending and incentives that fuel excessive…

‘GG-Bond: Kung Fu Pork Choppers’ season three to debut in China

GG-Bond: Kung Fu Pork Choppers season three, WinSing’s latest show based on Chinese Kung Fu, cooperated…

Tencent to shut its game streaming platform Penguin Esports

Tencent announced that it will shut its game streaming platform Penguin Esports by June due to…

Kids First inks global deals for hit series ‘Nate is Late’

Paris-based children’s entertainment content distribution company Kids First has inked a raft of deals with international…

Tencent acquires Turtle Rock Studios

Tencent Holdings has acquired Turtle Rock Studios’ (Turtle Rock) parent company, Slamfire. Turtle Rock will become…

Season two of Omens Studios’ animated series ‘Leo the Wildlife Ranger’ secures multiple deals

Omens Studios has secured a raft of key international deals for season two of its hit CGI…

Tencent shares drop after Chinese state media branded online gaming as ‘Spiritual Opium’

The shares of gaming brand Tencent dropped including other prominent Chinese video-game companies after Chinese state…

Tencent acquires UK developer Sumo

Gaming giant Tencent has acquired UK-based Sumo Group. The Chinese company is offering 513 pence per share for…

Tencent partners with WeTest for Tencent GWB Awards 2021

Tencent  has partnered with WeTest to expand the prize pool for the Tencent GWB Awards 2021.…

Tencent and Sony bets big on cloud gaming

Tencent Holdings and Sony Corporation are betting big on cloud gaming by joining the latest fundraising…

Legendary to adapt Chinese webcomic ‘I’m a Killer Maid’ for TV

Legendary Entertainment to develop Tencent Comics’ popular webcomic I’m a Killer Maid into a TV series,…

Tencent video signs co-production deals with three studios for Tencent kids original shows

Tencent Video, the online video streaming platform announced that it has agreed co-production deals with leading…