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Top News In Kuai Bao Today - Breaking & Trending Today

Tencent to Stabilize in Fourth Quarter with Solid Recovery in Revenue Growth Next Year, Analyst Say

A 15% estimated growth in total revenue for the company is expected this 2023. As China's economy continues to stabilize, Tencent Holdings might bounce back from its 2022 downsizing with several layoffs, shutdowns, and investment quitting. ....

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Tencent shuts down another app meant to compete with ByteDance

Chinese internet giant Tencent Holdings plans to shut down its content creation app Kandian next Monday (Aug 15), further consolidating its content business in a broad corporate shift to favour efficiency over expansion. Kandian will cease operations and shut down servers by the end of day on Aug 15 as part of “adjustments in business development strategy”, according to an. ....

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Welcome to Your Week in Asia.As U.S. President Joe Biden concludes his trip to the Middle East, Russian President Vladimir Putin will arrive in Tehran ....

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Tencent cut noncore businesses to get through economic downturns

The Chinese social media and gaming giant has announced the termination of Kuai Bao, its news aggregator app, by the end of next months. ....

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Tencent news aggregator app Kuai Bao to cease operations next month, as China's Big Tech firms cut noncore businesses

Launched in 2015, Kuai Bao has failed to grow big enough to remain competitive against rivals led by ByteDance-owned Jinri Toutiao. ....

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