Tag Archives: tcehy

Baidu Under Fire From Alibaba-Tencent Team-Up In O2O?

Rumors that two rival Groupon-like tech startups in China — one backed by powerhouse Alibaba Group (BABA) and the other by Internet titan Tencent Holdings (TCEHY) — may be about to merge in a $15 billion deal has driven down shares of Baidu (BIDU), which has invested millions in its own online-to-offline retail push. An agreement merging the two companies, which specialize in deals for restaurants, movie tickets and other offline services, is

Big Money To Be Made As E-Sports Gets Real

E-sports — that is, live, competitive video gaming — is here to stay. The industry has millions of fans, an expected $250 million in 2015 revenue and even a new TV home in Time Warner ‘s (TWX) TBS next year. Even Disney ‘s (DIS) ESPN is in on the action, drawing in millions of viewers for the 2014 finals of “League of Legends,” a game by Tencent Holdings’ (TCEHY) Riot Games and other e-sports events. Now, Orange County, Calif., is home to the new

Disney, Tencent Deal Will Stream ‘Star Wars’ In China

China Internet giant Tencent (TCEHY) has signed a landmark deal with Walt Disney (DIS) to be the exclusive online distributor of the first six “Star Wars” movies. The announcement comes just as Disney is ramping up a global marketing campaign for “Star Wars: The Force Awakens,” which will debut in December. The agreement marks the first time China Internet users will have legitimate online access to the film franchise. Financial terms of the deal