Tencent | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Tencent is a leading global technology company founded in 1998, focused on enriching the lives of internet users and assisting enterprises...


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Tencent is a leading global technology company founded in 1998, focused on enriching the lives of internet users and assisting enterprises in their digital transformation. With a strong presence in online gaming, social networking, e-commerce, and various digital services, Tencent aims to connect people through innovative platforms. Tencent America serves as its U.S. branch, emphasizing video games and entertainment products.

Website
Headquarters
Palo Alto, California
Size
10,001+ employees
Industry
Technology, Information and Internet
Specialities
Online Gaming, Social Networking, E-commerce, Online Music, Online Video, WeChat, Weibo, Gaming, Artificial Intelligence, Cloud Services, Investments, Entertainment, Internet Services, Music

🛍️ Tencent Product and Pricing News →

👔 Tencent CEO, Management and Leadership Team →

⚔️ Tencent Alternatives and Competitors →

💼 Tencent Hiring and Layoffs →

🤖 Tencent Developer, Integration and Automation News →

📈 Tencent Financials, Fundraising and Valuation News →

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🛍️ Tencent Product and Pricing News

  • Tencent Cloud announced the inclusion of its EdgeOne capabilities, Data Boosting and Rate Limitation, into the 3GPP core standards for mobile communications on April 7, 2025.
  • Tencent has introduced 'Hunyuan-T1', the first ultra-large model powered by Mamba from China.
  • Tencent introduced AI tools like the chatbot Yuanbao for farming and rural development in China, collaborating with local officials and launching the 'AI Goes Rural' program.
  • Tencent launched a 7-day Closed Beta Test for Rust Mobile, a survival game version of Codename: Outpost, requiring players to register in Chinese and complete a complex survey by April 13.
  • Researchers from Tencent YouTu Lab, including Yifei Yu, Qian-Wen Zhang, Lingfeng Qiao, Di Yin, Fang Li, Jie Wang, and Xing Sun, have developed a benchmark called Sequential-NIAH to evaluate large language models' ability to extract information from long contexts.

  • Junxiang Chen, Wanyun Li, Wenbin Yao, and Yang Zhou from Tencent's WeChat team are working on enhancing video-text retrieval by addressing information mismatches.
  • Tencent applied RARE to WeChat Search, Demand-Side Platform, and QQ Browser Search, observing significant benefits during a one-month A/B test with a 20% user sample.
  • Tencent ranked #2 on Clarivate's Global Top 100 Innovators 2025 list for its excellence in innovation.

👔 Tencent CEO, Management and Leadership Team

  • Po Yuen Kenny Lam
    Art Director working on some awesome stuffs!
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⚔️ Tencent Alternatives and Competitors

  • Ant Group
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  • ByteDance
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  • Kuaishou
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  • Huya
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  • SoftBank
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  • 360 DigiTech
  • |
  • Meituan
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  • Pinduoduo
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  • iQIYI
  • |
  • IAC
  • |
  • NetEase
  • |
  • Agora
  • |
  • Meta
  • |
  • Alibaba Group
  • |
  • Baidu
  • |
  • JumpCrew
  • |
  • SenseTime
  • |
  • Weibo
  • |
  • Google
  • |
  • Microsoft
  • |
  • WhatsApp

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💼 Tencent Hiring and Layoffs

  • Tencent is currently hiring for the position of Senior IT Operations Engineer in the United States.


🤖 Tencent Developer, Integration and Automation News

  • Tencent's cross-border payment platform, Tenpay Global, has partnered with PayPal's Xoom to enable Weixin Pay users in China to receive cross-border transfers.
  • Tencent and Ubisoft have made a deal that could positively impact popular gaming franchises.
  • Tencent Cloud supports the massive player base of Honor of Kings with TcaplusDB and EdgeOne, offering near-limitless scalability, seamless scaling, automated fault recovery, and high-performance storage.


📈 Tencent Financials, Fundraising and Valuation News

  • Tencent's stock gained 0.8% in Hong Kong as investors focused on potential tariff negotiations between the U.S. and China.
  • Ubisoft's stock price fell by 11.80% after announcing a new subsidiary in partnership with Tencent, erasing previous gains.
  • Tencent-backed China Ruyi Holdings plans to raise up to $500 million in convertible bonds next week.


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