Tag: tencent
MiniMax's confidential Hong Kong IPO filing targets $4B+ valuation and $510M raise, aiming to revolutionize AI market by late 2025
Chinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, aiming to raise over $510 million and secure a valuation exceeding $4 billion. Backed by Alibaba and Tencent, MiniMax plans to list by the end of 2025, leveraging Hong Kong’s booming...
China’s Two-Year Tech Crackdown Winds Up: What’s Changed? | Tech News Briefing Podcast | WSJ
Beijing appears to be nearing the end of a two-year crackdown on the county’s big tech companies. Some of China's most well-known and influential internet companies have been forced to make significant changes.
Don’t panic — this isn’t Tencent’s first tie-up with a state-owned firm
News on Tencent and China Unicom caused a stir in China’s tech industry on Wednesday afternoon. The gaming and social networking behemoth and the state-owned carrier have received regulatory approval to set up a joint venture, according to a government an...
China's 'midnight patrol' cracks down on young gamers. Chinese gaming giant Tencent is rolling out facial recognition to stop children playing between 22:00 and 08:00.
Chinese gaming giant Tencent will scan gamers' faces to prevent children playing at night.
