tencent Archives - Elite Sites

WeChat is Tencent’s ace in China’s online entertainment race

May 12, 2015 admin chinese, combined-2-53, details-on-its, facebook, give-specific, hollywood, million-monthly, music-content, social-networks, tencent, wanda-group

By Paul Carsten and Lisa Richwine BEIJING/LOS ANGELES (Reuters) – In a multi-billion dollar dogfight with Alibaba Group Holding Ltd for leadership in China's online entertainment market, mobile messaging app WeChat is Tencent Holdings Ltd's trump card. The wildly popular app allows Tencent to channel 500 million monthly active users to its entertainment services, a huge consumer base for subscriptions or marketing – pay dirt for media and advertising partners.

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Tencent inks exclusive online partnership for NBA games in China

January 30, 2015 admin better-inform, china, five-year-deal, gerry-shih, joseph-menn, known-as-wechat, league-entered, michael-martina, san, sharp-response, shenzhen, tencent

By Gerry Shih BEIJING (Reuters) – The National Basketball Association and Tencent Holdings Ltd said Friday the Shenzhen-based Internet giant will be the only company in China to stream the league’s online content. The exclusive, five-year deal will allow Tencent to offer for the first time in China the NBA’s League Pass package, which allows subscribers to watch a full season’s worth of games live and on-demand.