Tencent news and trends

Tencent Simplifies Process of Linking International Cards With Weixin Pay
Cross-border Payments // April 12, 2024

Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay.  In addition, Weixin Pay is exploring interoperability with more overseas eWallets, Tencent said in a Friday (April 12) press release.  Overseas users can register...

Tencent Unveils ‘Hunyuan’ As Chinese Tech Firms Jump on AI Train
artificial intelligence // September 07, 2023

Tencent Holdings is the latest Chinese tech giant to launch an artificial intelligence (AI) model. That’s according to Dowson Tong, CEO of the cloud and smart industries group, who spoke with CNBC ahead of the launch of the company’s “Hunyuan” model at a summit Thursday (Sept. 5). ...

Chinese Tech Giants Begin Enforcing New Government App Rules
Regulation // September 04, 2023

China’s technology giants have reportedly begun enforcing new rules governing app publishers. Mobile app stores operated by companies like Tencent and Xiaomi have begun blocking app publishers from debuting new apps if they haven’t made proper disclosures to the authorities, Reuters reported Monday (Sept. 4). New rules introduced last month...

Tencent Announces Plans for AI-Powered Services
artificial intelligence // August 16, 2023

Tencent, one of China’s leading internet companies, has announced its intention to release a proprietary artificial intelligence (AI) model later this year. The company believes that this model, named Hunyuan, will position Tencent as a strong competitor in the AI field alongside industry leaders such...

Interviews & Exclusives
CE 100 Index Up 0.5% as Tesla and Tencent Declines Blunt Olo, Goldman Surges 

July 24, 2023
Earnings season has just started — and for the companies forging new paths to commerce and payments, the quarterly report card gives a glimpse into progress and challenges. To that end, the CE 100 Index gained 0.5% through the week, as a few names chimed in with their results, though not all headlines revolved around […]

CE 100 Gains 3.1% as Tencent Leads Payment Names Higher

December 05, 2022
Connected economy names surged as investors cheered signs of resilient consumer spending. To that end, the CE 100 Index outpaced the broader markets, gaining 3.1% on the week. The Fed...

CE 100 Index Slips Slightly Despite Porch’s 58% Rally

November 21, 2022
Earnings season draws ever nearer to its close. And for the Connected Economy 100 Index, headed into a shortened Thanksgiving holiday week, a few notable rallies were not enough to...

CE100 Index Surges 5% as BNPL Stocks Deliver Strong Gains

July 11, 2022
Up, up and …. Well, not quite away. But up. And so, even with a 5% gain in the past week, the PYMNTS ConnectedEconomy 100 Index (CE100™) is still down...

Quick Reads
Apple Says China Ordered Removal of WhatsApp, Threads From App Store

April 19, 2024
Apple has removed Meta’s WhatsApp and Threads, as well as Telegram and Signal, from its App Store in China. The company was ordered to do so by the Cyberspace Administration of China, which cited national security concerns, Apple told Reuters in a report posted Friday (April 19). “We are obligated to follow the laws in the countries […]

Tencent Simplifies Process of Linking International Cards With Weixin Pay

April 12, 2024
Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay.  In addition, Weixin Pay is exploring interoperability with...

Tencent Unveils ‘Hunyuan’ As Chinese Tech Firms Jump on AI Train

September 07, 2023
Tencent Holdings is the latest Chinese tech giant to launch an artificial intelligence (AI) model. That’s according to Dowson Tong, CEO of the cloud and smart industries group, who spoke with...

Chinese Tech Giants Begin Enforcing New Government App Rules

September 04, 2023
China’s technology giants have reportedly begun enforcing new rules governing app publishers. Mobile app stores operated by companies like Tencent and Xiaomi have begun blocking app publishers from debuting new apps if they haven’t made...