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Tencent bolsters defenses for core businesses as ByteDance muscles into its turf

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/tencent-bolsters-defenses-for/"></div>HONG KONG/SHANGHAI (Reuters) – Tencent Holdings Ltd may be the world’s largest gaming company and a Chinese internet powerhouse worth more than $900 billion, but it’s also spooked. Rapidly growing ByteDance, the owner of TikTok and the similar Chinese short video platform Douyin, has made sizeable inroads into business areas Tencent holds ...
Pei Li Brenda Goh Yingzhi Yang Tencent Sogou Zhang Yiming Edwina Gibbs
Source: metro.us

Why Huya Is Tumbling Over 9% Today | The Motley Fool

Author Bio Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised ...
Sally Chan Tencent Holdings Intime Retail Group Alibaba Group Holding Douyu International Holdings Intime Retail
Source: fool.com

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ByteDance's Douyin sues Tencent alleging monopolistic behaviour

By Reuters Staff 3 Min Read BEIJING (Reuters) - ByteDance’s short video app Douyin is suing Tencent Holdings in a Beijing court for monopolistic behaviour, intensifying an ongoing feud between the two Chinese technology giants. Slideshow ( 2 images ) ByteDance said on Tuesday it was filing a complaint against Tencent for restricting users from sharing Douyin content on its instant messaging apps WeChat and QQ, which should be prohibited by anti-monopoly law. It has asked the court to order Te...
Hong Kong Pei Li Brenda Goh Yingzhi Yang Bernadette Baum Jason Neely

Short video app Douyin sues Tencent alleging monopolistic behaviour

Short video app Douyin sues Tencent alleging monopolistic behaviour Photo: REUTERS February 2, 2021 ByteDance’s short video app Douyin is suing Tencent Holdings in a Beijing court for monopolistic behaviour, intensifying an ongoing feud between the two Chinese technology giants. ByteDance said on Tuesday it was filing a complaint against Tencent for restricting users from sharing Douyin content on its instant messaging apps WeChat and QQ, which should be prohibited by anti-monopoly ...
Huya Inc Douyu International Holdings Tencent Backed China Literature

JOIDATA enters data-focused partnership with Moonton

JOIDATA enters data-focused partnership with Moonton Moonton. Mobile Legends: Bang Bang Professional League (MPL). Image credit: Moonton JOIDATA is said to have built an integrated esports data system for Mobile Legends: Bang Bang, providing live broadcasts with real-time data and highlights packages. Moreover, the firm will collaborate with teams to provide data from competitive matches. Xu Qian, CEO of JOIDATA, spoke on the collaboration in a release: “Over the recent years, the increasi...
Xu Qian Legends Professional League Invitational Bang Professional League Mobile Legends Mobile Legends Professional League புனைவுகள் ப்ரொஃபெஶநல் லீக் அழைப்பிதழ்

Why DouYu International Stock Fell 16.6% in December

Author Bio Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised ...
Tencent Holdings China State Administration For Market Regulation Douyu International Holdings State Administration Market Regulation Ant Financial
Source: fool.com

5 Questions Investors Should Ask Themselves in 2021

Author Bio Midnight oil burners, unite! Im a CPA & CMA (Certified Management Accountant) & I tweet mostly about investing and literature. I love Brazilian pop music, wok experimentation, running trails in Chuck Taylors, & travel -- or at least daydreaming of travel. Follow @asitmap Should investors buy with margin? Whats going on with bitcoin and China? What 2021 IPOs should investors have on their radars? And how should we keep our investments grounded for the next year...
United States Hong Kong Jack Ma Emily Flippen Federal Reserve Industry Focus
Source: fool.com

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