Tencent posts no growth in Q1 revenue, misses estimates

By Josh Ye HONG KONG (Reuters) – Chinese gaming and social media giant Tencent Holdings reported virtually no growth in first-quarterly revenue, its worst ever such performance, and also missed […]

Tencent Music’s Q1 revenue downbeat, shares rise amid hopes for regulatory easing

By Josh Ye and Eva Mathews HONG KONG (Reuters) – China’s Tencent Music Entertainment posted a 15% slump in first-quarter revenue, matching expectations, but saw its shares join a sector-wide […]

China orders livestreaming platforms to step up oversight of underage users

SHANGHAI (Reuters) -China on Saturday ordered internet platforms to step up governance of how under-18s use their livestreaming services as part of an ongoing regulatory crackdown on the booming sector. […]

Huya cuts hundreds of staff, sources say, as Chinese tech retrenches

By Josh Ye HONG KONG (Reuters) – Chinese video game streaming site Huya has started laying off staff, three sources close to the matter said, as more of the country’s […]

China’s Xiaohongshu kicks off staff layoffs – source

By Josh Ye HONG KONG (Reuters) – Chinese social e-commerce app Xiaohongshu, known as China‘s answer to Instagram, has kicked off a round of layoffs, a source familiar with the […]