HONG KONG - On a hot summer's day last year, the 90's boy band Backstreet Boys clambered on to a stage in Pennsylvania and ...

Apple is pushing Tencent and ByteDance to “close loopholes” that currently allow their apps to skirt the App Store’s in-app purchase system, according to a new report from Bloomberg. In new quotes ...

Apple is putting pressure on Tencent and ByteDance to make significant changes to two of China's most popular apps in order to remove loopholes that circumvent Apple's typical 30% commission, ...

(Bloomberg/Pei Li) — Tencent Holdings Ltd. has struck a deal with Apple Inc. that will see the iPhone maker handle payments and take a 15% cut of purchases in WeChat mini games and apps, resolving a ...

Goldman Sachs analyst Ronald Keung maintained a Buy rating on Tencent Holdings ADR (OTC:TCEHY) and a price target of 542 Hong Kong dollars ($69.70 U.S. dollars). Keung attended the Tencent Video ...

Update 9:34am PT: There is no direct deal between Apple and Tencent for the 15% commission rate on WeChat mini games and apps. Instead, Tencent is taking advantage of Apple’s new App Store Mini Apps ...

Tencent President Martin Lau said the company could create a "differentiated" AI agent through WeChat, the popular messaging app in China. Lau explained that WeChat, which is often dubbed a super-app, ...

All businesses under Tencent’s content unit achieved profitability at the end of 2022. Credit: 123RF Tencent’s AI assistant app Yuanbao has climbed to second place on China’s Apple App Store free app ...

We may receive a commission on purchases made from links. Apple has been pressuring ByteDance and Tencent to close loopholes in China that funnel customers to external payment systems for making ...