Former Tencent employee ordered to pay US$167,000 for breaching non-compete pact
The Beijing No 1 Intermediate People’s Court on March 22 issued a ruling against Chen Shuo for breaking a six-month non-compete agreement with Tencent. Chen was ordered to pay Tencent compensation for the breach and return the sum he received from the firm after signing the non-compete pact. — SCMP A former employee of Tencent Holdings has been slapped by a Beijing court with a fine totalling 1.1mil yuan (US$167,000 or RM693,767) for breaking a non-compete agreement with the company after he joined TikTok-owner ByteDance, heating up the rivalry between the two Chinese internet giants. The...