Tag Archives: tcehy

Tencent, Alibaba Keep Their Content War Entertaining

Tencent (TCEHY) and Alibaba (BABA) are Chinese Internet archrivals. But increasingly, they’re taking their strategy of forging key alliances to overseas. And they’re keeping it entertaining. Tencent, best known for its WeChat and QQ messaging services, Tencent will pay The Hollywood Reporter to license its entertainment news content in a multiyear deal, the Hollywood Reporter said Tuesday. The companies will also develop new editorial content.

Rivals Tencent, Alibaba Expand Western Content Deals

Tencent (TCEHY) and Alibaba (BABA) are Chinese Internet archrivals. But increasingly, they’re taking their strategy of forging key alliances to overseas. And they’re keeping it entertaining. Tencent, best known for its WeChat and QQ messaging services, Tencent will pay The Hollywood Reporter an undisclosed fee to license its entertainment news content, the Hollywood Reporter said Tuesday. The companies will also develop new editorial content. One

China Internet Giant Tencent Posts Mixed Q4 Earnings

China’s leader in online gaming and social messaging platforms, Tencent Holdings (TCEHY), reported its fourth-quarter earnings before the market open Wednesday with mixed results. Tencent owns a portfolio of Internet services, including social networks, Web portals, online games and e-commerce sites. The company reported revenue of $3.43 billion, up 24% in local currency from the year-earlier period and above the consensus estimate of $3.27