Category: Tencent

China roundup: Alibaba’s sexual assault scandal and more delayed IPOs

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. A sexual assault case at Alibaba has sparked a new round of #MeToo reckoning in China. Industry observers believe this is…

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Argentine fintech Ualá lands $350M at a $2.45B valuation in SoftBank, Tencent-led round

The dollars keep flowing into Latin America. Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of $2.45 billion. SoftBank Latin America Fund and affiliates of China-based Tencent co-led the round, which included participation from a slew…

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China roundup: Games are opium, algorithms need scrutiny

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The question for the tech news cycle in China these days has become: Who is Beijing’s next target? Regulatory clampdowns are…

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China roundup: Keep down internet upstarts, cultivate hard tech

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The tech industry in China has had quite a turbulent week. The government is upending its $100 billion private education…

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Tencent’s WeChat suspends new user registration in China to comply with ‘relevant laws and regulations’

Tencent’s WeChat said on Tuesday it is temporarily suspending registration of new users in China as it works to comply with “relevant laws and regulations,” the latest Chinese firm to face regulatory scrutiny in the world’s largest internet market. In a social media post, Tencent said it is “upgrading” its…

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