Tencent news and trends

Apple Reportedly Pitches Chinese Tech Giants on AI Project
artificial intelligence // December 19, 2024

Apple is reportedly seeking ways to add AI to its smartphones sold in ChatGPT-less China. The iPhone maker is in discussions with two Chinese tech giants — Tencent and TikTok parent ByteDance — about integrating their artificial intelligence (AI) models into its products, Reuters reported Thursday (Dec. 19), citing three sources familiar...

Newly Flush With Capital, Challenger Banks Face New Challenges
Security & Fraud // December 10, 2024

A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks, mainstays of financial services that have been around for decades — even centuries. While these digitally focused challengers promise to...

Visa and Tencent to Launch Pay-by-Palm Solution in Singapore
Biometrics // November 08, 2024

Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. The collaboration brings together Tencent’s palm recognition technology and Visa’s payment token and other technology, the companies said in a Wednesday (Nov. 6) press release. The pay-by-palm service...

Chinese Stocks Tencent and Pinduoduo Soar, Drive CE 100 Index 2.2% Higher
Connected Economy // September 30, 2024

The CE 100 Index got a boost this week from China. The overall Index’s 2.2% rally came as two of our names — Pinduoduo and Tencent — soared double digit percentage points. Investor sentiment was buoyed as the the People’s Bank of China announced rate...

Interviews & Exclusives
Newly Flush With Capital, Challenger Banks Face New Challenges

December 10, 2024
A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks, mainstays of financial services that have been around for decades — even centuries. While these digitally focused challengers promise to bring financial services and products to just about anyone who […]

Chinese Stocks Tencent and Pinduoduo Soar, Drive CE 100 Index 2.2% Higher

September 30, 2024
The CE 100 Index got a boost this week from China. The overall Index’s 2.2% rally came as two of our names — Pinduoduo and Tencent — soared double digit...

CE 100 Index Rallies 3.8% as ‘Live’ Segment Outperforms the Market

September 16, 2024
The banks fizzled this past week, marking the lone swath of red — measured in terms of declining stock prices — in the latest weekly reading of the CE 100...

CE 100 Index Surges 4.7% as Vroom Steers Toward Double-Digit Growth

August 19, 2024
Earnings were everywhere this past week, propelling the CE 100 Index 4.7% higher, and any losses seen among our names were negligible.  In fact, most of those declining stocks slipped...

Quick Reads
Alibaba Plans Major Discounts on AI Large Language Models

December 31, 2024
Chinese tech giant Alibaba is reportedly slashing prices on its AI large language models. Those markdowns are as high as 85%, CNBC reported Tuesday (Dec. 31), citing a WeChat post from the company’s cloud computing unit. The cuts involve Alibaba’s visual language model, Qwen-VL, created to perceive and understand both texts and images. The report notes that the […]

Apple Reportedly Pitches Chinese Tech Giants on AI Project

December 19, 2024
Apple is reportedly seeking ways to add AI to its smartphones sold in ChatGPT-less China. The iPhone maker is in discussions with two Chinese tech giants — Tencent and TikTok parent ByteDance — about integrating...

Visa and Tencent to Launch Pay-by-Palm Solution in Singapore

November 08, 2024
Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. The collaboration brings together Tencent’s palm recognition technology and Visa’s payment token and...

Report: Tencent May Share Mini Games Revenue With Apple

August 14, 2024
Tencent Holdings reportedly said it is in discussions with Apple about sharing revenue from its WeChat mini games. The remarks, made Wednesday (Aug. 14) during the company’s earnings call, confirm...