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Pei Li

Exclusive: Tencent and Riot Games developing mobile version of League of Legends - sources

23 May 2019

BEIJING/SHANGHAI China's Tencent Holdings Ltd is working with its U.S. unit Riot Games to develop a mobile version of "League of Legends", the world's most popular desktop-based game, three sources with knowledge of the matter told Reuters. | Video

Tencent Music charges for more content as paying users drive profit beat

14 May 2019

BEIJING China's Tencent Music Entertainment Group said it had started charging for more of its content in the first quarter as the popularity of its pay-for-streaming services helped drive up profit to above expectations.

Nestle, rivals vie for big baby formula prize in China's smaller cities

08 May 2019

LONDON/BEIJING Nestle plans to launch a new line of baby formula in China this year under an existing brand, targeted at smaller cities, as the world's largest packaged food company tries to lengthen its lead in the world's biggest baby milk market.

RPT-INSIGHT-Nestle, rivals vie for big baby formula prize in China's smaller cities

08 May 2019

* Western brands look to hinterland as east coast market matures

Nestle, rivals vie for big baby formula prize in China's smaller cities

08 May 2019

LONDON/BEIJING Nestle plans to launch a new line of baby formula in China this year under an existing brand, targeted at smaller cities, as the world's largest packaged food company tries to lengthen its lead in the world's biggest baby milk market.

RPT-INSIGHT-Nestle, rivals vie for big baby formula prize in China's smaller cities

08 May 2019

* Western brands look to hinterland as east coast market matures

Disney's 'Avengers: Endgame' smashes China opening day record

25 Apr 2019

LOS ANGELES/BEIJING Marvel superhero movie "Avengers: Endgame" set an opening-day record in China with an estimated $107.2 million in ticket sales, distributor Walt Disney Co said.

Starbucks' China challenger Luckin to raise up to $800 million in U.S. IPO: sources

23 Apr 2019

HONG KONG/BEIJING Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) through which, sources said, it is looking to raise up to $800 million.

Tencent wins key approval to sell Nintendo's Switch in China

18 Apr 2019

BEIJING/TOKYO China's Tencent has won a key approval to start selling the Nintendo Switch in the country, paving the way for the console to enter the world's largest video games market two years after it was first released worldwide.

World News

Heavy fighting in Libyan capital

Heavy fighting raged in the Libyan capital on Saturday as eastern forces made a new push to advance inside the city controlled by the internationally recognised government.