Tag: Tencent
Tencent’s new blockbuster US game studio is led by a ‘GTA’ veteran
Tencent is determined to have more of an impact on gaming outside of China, and not just by pouring money into existing studios. Reuters reports that Tencent Holdings has created a new California studio, LightSpeed LA, that will develop and publish “… Source
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China Roundup: Mega trade fair goes online, anti-China sentiment hobbles developers
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what those events mean to people in the rest of the world. This week, we are seeing the backlash Chinese tech companies face around the world as anti-China sentiment escalates. In…
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Facebook and PayPal invest in Southeast Asian ride-hailing giant GoJek
Facebook and PayPal have made investments in GoJek, joining Google and Tencent among other high-profile technology companies that have backed the five-year-old Southeast Asian ride-hailing firm that has expanded to food delivery and mobile payments in recent years. Facebook, for which it is the first investment in an Indonesia-based firm,…
Read MoreFacebook and PayPal invest in Southeast Asian ride-hailing giant GoJek
Facebook and PayPal have made investments in GoJek, joining Google and Tencent among other high-profile technology companies that have backed the five-year-old Southeast Asian ride-hailing firm that has expanded to food delivery and mobile payments in recent years. Facebook, for which it is the first investment in an Indonesia-based firm,…
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Carry1st has $4M to invest in African mobile gaming
Gaming development startup Carry1st has raised a $2.5 million seed round led by CRE Venture Capital . That brings the company’s total VC to $4 million, which Carry1st will deploy to support and invest in game publishing across Africa. The startup — with offices in New York, Lagos, and South…
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China’s food delivery giant Meituan hits $100B valuation amid pandemic
Meituan’s shares hit a record high on Tuesday, bringing its valuation to over $100 billion. The Hong Kong-listed giant, which focuses on food delivery with smaller segments in travel and transportation, is the third Chinese firm to reach the landmark valuation. Tencent and Alibaba respectively topped the number back in…
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