WeChat

China’s Walled Garden

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Time Stamp: December 14, 2022 3:14 AM - Modified On: December 14, 2022 - Published By:
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Republished By Plato

Continuing our theme of speaking with people in the world of finance and technology we asked insiders at ByteDance in Shanghai their views about blockchain technology. The results give some useful insight into one of the likely narratives of the next bull run. In previous cycles narratives have ranged from Bitcoin being digital gold to NFTs being the cutting edge of the art scene. These topics pull new users into the space and with their added liquidity the value of the market begins to rise. The present decline in value

AppTweak ASO Tool Now Available in Simplified Chinese & Korean

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Time Stamp: September 5, 2021 8:00 PM - Modified On: October 29, 2021 - Published By:
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Providing our services in Simplified Chinese and Korean is a great opportunity for both AppTweak and our amazing customers: For example, after we translated the tool into Japanese, our MRR grew by over 120% and our client base expanded by over 140%. BRUSSELS (PRWEB) September 07, 2021 With the immense growth of the international mobile app market, App Store Optimization (ASO) is becoming increasingly necessary to promote the success of apps and games around the world. AppTweak, the #1 ASO tool driven by data science, empowers mobile leaders - such

E3 2021 reveals list of global broadcast partners, includes Twitch, YouTube, and TikTok

Source Node: https://dotesports.com/news/e3-2021-reveals-list-of-global-broadcast-partners-includes-twitch-youtube-and-tiktok
Time Stamp: May 21, 2021 4:58 PM - Modified On: May 21, 2021 - Published By:
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The Entertainment Software Association (ESA) has released a full list of official partners that will be taking part in broadcasting the revamped E3 2021 event from June 12 to 15. These partners are a mix of global video and social media services that will all broadcast at least portions of E3 2021 or help execute social campaigns around the event.  In total, there are 27 different official partners that have signed on for E3 this year, including Twitch, YouTube, Twitter, Facebook Gaming, TikTok, VENN, Steam, Reddit, Entertainment Weekly, WEBEDIA, Wechat,

How ByteDance plans to crack the gaming industry

Source Node: https://techcrunch.com/2021/03/12/bytedance-gaming/
Time Stamp: March 12, 2021 3:42 AM - Modified On: March 12, 2021 - Published By:
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For the last few years, ByteDance, the parent company of short video app TikTok, has been working to diversify its revenue streams beyond advertisement and find more ways to monetize its hundreds of millions of users. One area it is targeting is gaming, which has historically been a lucrative business in China’s internet economy. China is the world’s largest gaming market, generating revenues of $40.85 billion in 2020, according to market research firm Newzoo. The United States trailed behind at $36.92 billion. But competition is also intense. Giants Tencent and

Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more

Source Node: https://techcrunch.com/2020/11/20/extra-crunch-roundup-a-fistful-of-ipos-affirms-peloton-problem-zoom-apps-and-more/
Time Stamp: November 20, 2020 5:08 PM - Modified On: November 20, 2020 - Published By:
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DoorDash, Affirm, Roblox, Airbnb, C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives. Tech companies that go public capture our imagination because they are literal happy endings. An Initial Public Offering is the promised land for startup pilgrims who may wander the desert for years seeking product-market fit. After all, the “I” in “ISO” stands for “incentive.” A flurry of new S-1s in a single week forced me to rearrange our editorial calendar, but I

U.S. Department of Commerce Announces Sanctions Against TikTok, WeChat

Source Node: https://esportsobserver.com/commerce-sanctions-tiktok-wechat/
Time Stamp: September 18, 2020 8:58 AM - Modified On: September 18, 2020 - Published By:
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The U.S. Department of Commerce Friday announced prohibitions on transactions relating to mobile apps WeChat and TikTok.  The order is an enforcement of President Donald Trump’s executive orders issued in August. Beginning Sept. 20, The following transactions will be prohibited: Any provision of service to distribute or maintain the WeChat or TikTok mobile applications, constituent code, or application updates through an online mobile application store in the U.S.; Any provision of services through the WeChat mobile application for the purpose of transferring funds or processing payments within the U.S. Additional

U.S. Government Takes Aim at  Riot Games, Epic Games, and Others Tied to Tencent

Source Node: https://esportsobserver.com/us-gov-riot-epic-tencent/
Time Stamp: September 17, 2020 4:47 PM - Modified On: September 17, 2020 - Published By:
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The U.S. Treasury’s Committee on Foreign Investment in the U.S. (CFIUS) has asked gaming companies including Riot Games and Epic Games to provide information on security protocols, according to a Bloomberg report. The CFIUS sent letters to Epic, Riot, “and other game companies” asking them to provide data on security protocols related to user data to the government because of their deep ties with Tencent Holdings.  Valorant and League of Legends developer Riot Games is a wholly-owned subsidiary of Tencent Holdings, while the company holds a 40% stake in Fortnite

Tencent Holdings COO Mark Ren Highlights Four Key Trends at Tencent Esports Global Summit

Source Node: https://esportsobserver.com/tencent-coo-mark-ren-tegs/
Time Stamp: September 7, 2020 8:54 AM - Modified On: September 7, 2020 - Published By:
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Tencent Holdings is one of the biggest technology companies in the world, but its gaming business is undisputed as the top revenue generator in the empire. According to Tencent’s latest financial report for Q2 2020, the company recorded total game revenues of ￥46.9B RMB ($6.8B USD), representing 40.8% of Tencent’s total revenues in Q2 2020. In Tencent’s executive structure, there are two employees with the highest salary and directly report to Tencent President Martin Lau. One is Allen Zhang, who’s in charge of the businesses of Chinese social media WeChat,

Tencent Loses $42B in Market Value as Indian Stakeholders Weigh in on a Future Without PUBG MOBILE

Source Node: https://esportsobserver.com/indian-stakeholders-pubg-mobile/
Time Stamp: September 4, 2020 1:11 PM - Modified On: September 4, 2020 - Published By:
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The Indian government’s decision to ban the country’s most popular title, PUBG MOBILE was always going to have a ripple effect across the entire industry and the effects are already being felt. Having lost out on what was their biggest market for the game, Tencent has reportedly lost nearly $42B USD in market value in just two days since the announcement. This is the second-largest market capitalization loss for the Chinese conglomerate following a $66B loss spurred by an executive order against WeChat by the US, which was mostly regained

India bans 100 more Chinese apps, including PUBG, Baidu, and Tencent’s hit games, as border tensions accelerate

Source Node: https://techstartups.com/2020/09/03/india-bans-100-chinese-apps-including-pubg-baidu-tencents-hit-games-border-tensions-flare/
Time Stamp: September 3, 2020 6:16 PM - Modified On: September 3, 2020 - Published By:
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In late June, we covered a story about the India government after it banned 59 Chinese apps including TikTok, WeChat, and UC Browser. Since then tensions between China and India have escalated amid border disputes in the Himalayas.  In June, a border clash between the two nations left 20 Indian soldiers dead. Yesterday, India’s Ministry of Electronics and Information Technology announces a ban on 118 additional Chinese apps with links to China including Tencent’s hit games, PUBG, Baidu, and others. So far, the India government has now banned over 200 mostly Chinese mobile