Tencent

As the lines between retail, IT and healthcare industries continue to blur, during 2019, Google, Apple, Facebook and Amazon (GAFA) in the West, and Baidu, Ali Health, Tencent in East will start to dominate the Individual Care space.
In the Chinese bond market, which Bloomberg pegs to be valued at around $11 trillion, major firms routinely leverage their Tencent QQ and WeChat instant message accounts to research opportunities, take orders, and everything in between.
In the Chinese bond market, major firms routinely leverage their Tencent QQ and WeChat instant message accounts to research opportunities.
Grab is placing an increased focus on financial services as it seeks to become the everyday app for consumers in Southeast Asia, where digital spending is expected to triple by 2025.
Tencent will seek to grow gaming revenue from overseas markets by exporting its games as well as investment.
Tencent will begin verifying the identities of Chinese Honor of Kings players against a police database - a new measure designed to restrict the amount of time minors spend in the game.
Not only does Tencent greatly surpass Sony, Activision Blizzard, and other industry giants, but it is also the 9th largest company in the world, which perfectly illustrates how big the games market has become: Tencent could even claim the top spot by 2025 if it keeps growing at current rates.
Foreign companies worry that an expansive interpretation of the requirements for inspections of equipment and storing data within China will raise costs and could allow the Chinese government to steal their intellectual property.
Tesla and Tencent could create WeChat fan pages and communities to boost the company's brand in China and integrate the app into Tesla cars.
The World Bank projects the combined revenue of global businesses will be more than $190 trillion within a decade.
Tencent will support and broadcast MLB developmental events to help grow the sport of baseball in China.
Two open-source projects contributed by Chinese tech giants Baidu and Tencent will focus on machine and deep learning advances with the long-term goal of making the AI technologies easier to use while advancing cloud services using deep learning frameworks.
In 2015, Tencent adopted its Cloud Plus plan to develop Tencent Cloud, which will invest 10 billion RMB to build a cloud platform and ecosystem over the next five years.
The year 2019 will see increased momentum for AI, both in terms of hardware and cloud services, with the maturity of enterprise-grade AI going up a notch.
Tencent's music unit, Tencent Music Entertainment Group is filing for an IPO in the US, which could be the biggest US IPO by a Chinese company as it seeks a valuation of about $25 billion.
The Chinese government has outlined a plan to create a $150 billion AI industry by 2030 in partnership with private companies such as Alibaba and Tencent.
E-commerce and payments giants from China (Tencent, Alibaba) will make significant inroads in the U.S. market.
Music from the world's biggest record company will now be distributed via Tencent Music Entertainment Group in China via its streaming platforms QQ Music, KuGou and Kuwo.
Tencent will be the only company other than Facebook to have a social network with more than one billion users.
Tencent Partners with Age of Learning for English Learning Apps in China: Tencent and Los Angeles-based Age of Learning will launch ABCmouse, an immersive English learning program for children in China
2018 will also see Tencent, not Alibaba or a local company, emerge as the winner in mobile payments in Southeast Asia.
Alphabet boss Eric Schmidt has warned that China is poised to close in on the United States' lead in artificial intelligence by 2025.

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Last updated: 13 October 2019