Right now, Tencent is building these products and trying to provide the conversion mechanism for the people having equity. VAS (Valued Added Services), on the other hand, grew revenue 9.2% year ...

“Tencent is likely to also invest heavily into ... many of the assumptions inside Silicon Valley about the economics of building AI, as well as the best technical methods for developing the ...

Baidu Inc., a Tencent rival that’s also building DeepSeek into its search product, plunged as much as 8.8% in the afternoon in part because of profit-taking ahead of its Tuesday earnings report.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tencent’s messaging app operates at a scale few global platforms can match. With 1.4bn users and a 93 per ...