Edition:
United Kingdom

Pei Li

Tencent's quarterly profit drops 13% as economic slowdown bites

13 Nov 2019

BEIJING China's Tencent Holdings Ltd reported a surprise 13% drop in quarterly profit on Wednesday hurt by a weaker-than-expected core smartphone games business and falls in media advertising and computer games revenue.

Tencent Music's quarterly revenue beats on subscriber growth

12 Nov 2019

China's Tencent Music Entertainment Group reported better-than-expected third-quarter revenue on Monday, as the streaming company added more paying users.

China regulator warns e-commerce platforms to stop monopolistic practices

06 Nov 2019

SHANGHAI China has warned top e-commerce platforms including Alibaba and JD.com to stop practices that could be deemed as monopolistic, as industry frictions grow ahead of the country's banner Singles Day shopping event on Nov. 11.

Blizzard Entertainment cuts punishment for gamer in Hong Kong protests row

14 Oct 2019

SHANGHAI/BEIJING U.S. games publisher Blizzard Entertainment has reduced the punishment dealt out to a Hong Kong-based Hearthstone esports gamer for his public support of pro-democracy protests after its decision sparked controversy among players and the public.

Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions

20 Sep 2019

SHENZHEN, China/SHANGHAI Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China's burgeoning cloud computing sector from incumbent Alibaba, the head of its cloud unit told Reuters.

CORRECTED-Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions

20 Sep 2019

SHENZHEN, China/SHANGHAI, Sept 20 Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China's burgeoning cloud computing sector from incumbent Alibaba, the head of its cloud unit told Reuters.

No place like home: Chinese firms stung by trade war build up domestic brands

06 Sep 2019

SHENZHEN, China/SHANGHAI For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the U.S. and other overseas markets.

RPT-FOCUS-No place like home: Chinese firms stung by trade war build up domestic brands

06 Sep 2019

* Other Chinese firms also boost efforts to expand domestic brands

World News