Tag: Tencent

Tencent

09 Jul, 2021 Tencent Introduces Facial Recognition To Identify Underage Gamers In China

Chinese gaming giant, Tencent, has now taken precautionary measures to prevent underage youths from bypassing government gaming laws in China. The company has introduced a time-sensitive facial recognition system to prevent underage gamers from posing as adults. Internet addiction among...

Tencent

09 Apr, 2021 Krafton Files For IPO; PUBG India’s Comeback On Back Burner?

Krafton, the parent firm of PlayerUnknown’s Battlegrounds (PUBG) filed for an initial public offering (IPO) in South Korea. It was then discovered that the Chinese company Tencent is the second-largest stakeholder of Krafton with 15.5 percent stake. Krafton’s founder Chang Byung-gyu is ...

Tencent

05 Apr, 2021 Tencent’s Timi Gaming Studio Makes A Whopping USD 10 Billion In Revenue

Timi Studios, owned by the Chinese tech giant, Tencent generated a revenue of USD 10 Billion in 2020 stated a news report by Reuters. The studio has created popular video games like Call of Duty Mobile and Honor of Kings. This massive revenue of USD 10 Billion will place Timi Studios in...

Tencent

12 Sep, 2018 Tencent shuts poker app, WSOP China stands cancelled

Here comes another massive blow to the status of poker in China and Asia, and a blow to Tencent Holdings as well. Recently, the Chinese social gaming giant purchased a major stake in Indian fantasy sports provider, Dream11, where they invested $100 million and soon later reported a drop...

Tencent

20 Apr, 2018 Tencent Holdings May Invest $100 Million in Dream11

Founded in 1998, Tencent Holdings Limited is a Chinese multinational company, a leading provider of internet services and a mobile gaming giant as well. Tencent happens to be one of the biggest investment corporations in the world, always looking to broaden their scope and invest in boo...

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