Articles with tag: tencent

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JD.com, Tencent partner to bring ecommerce to China-based e-sports league

20 Jul 2020 | Ecommerce

JD.com has partnered with Tencent’s marquee e-sports league King Pro League (KPL) to bring the benefits of ecommerce to its mobile game.

JD.com, Tencent, e-sports, King Pro League, KPL, ecommerce, mobile game, coronavirus

Tencent rolls out online shopping feature in WeChat app

20 Jul 2020 | Ecommerce

Tencent has launched a new feature to help merchants build virtual shops on its WeChat messaging service in China.

Tencent, merchants, virtual shops, online shopping, WeChat, China, ecommerce, WeChat Minishop, WeChat Pay, Moments

ADBC taps Tencent for its financial cloud platform

10 Jul 2020 | Online & Mobile Banking

Singapore-based Asia Digital Bank (ADBC) has signed a memorandum of understanding (MoU) with Tencent Cloud.

ADBC, Tencent, cloud banking, banking, Singapore, Asia Digital Bank, ADBC, MoU, Tencent Cloud, data, digital bank, digital, banks, SMEs

Boku acquires Estonia-based mobile payments company Fortumo

19 Jun 2020 | Mobile Payments

US-based mobile payment company Boku has acquired Estonia-based direct carrier billing service provider Fortumo for a maximum consideration of USD 45 million.

Boku, US, mobile payments, Fortumo, direct carrier billing, DCB, joint strategy, merchants, SMEs, Google, Amazon, Tencent, digital merchants, Apple, Google, Facebook, Microsoft, PayPal, Spotify, Sony, mobile wallets

Nubank reaches 25 mln customer across LATAM

03 Jun 2020 | Online & Mobile Banking

Brazil-based Nubank has reached 25 million customers, making it one of the largest independent digital banks in the world.

Brazil, Nubank, Latin America, LATAM, digital banks, banks, digital, Mexico, credit cards, cards, TCV, Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital, Thrive Capital

WeBank teams up with OpenNodes to bring FISCO BCOS blockchain to Singapore

22 May 2020 | Online & Mobile Banking

China-based digital bank WeBank has partnered with Singapore government-backed OpenNodes to bring China’s FISCO BCOS blockchain to Singapore. 

WeBank, China, FISCO BCOS, blockchain, Singapore, OpenNodes, Financial Blockchain Shenzhen Consortium, JD Finance, Huawei, ZTE, Tencent, technology, Infocomm Media Development Authority, IMDA, DAML

Visa, Tencent, China Guangfa Bank launch credit card partnership in China

14 May 2020 | Cards

Visa has announced a credit card offering in partnership with Tencent and China Guangfa Bank (CGB).

Visa, Tencent, cards

Tencent acquires 5% stake in Afterpay

05 May 2020 | Online Payments

Hong-Kong-based mobile commerce conglomerate Tencent has acquired a 5% stake in Australia-based instalment purchase platform Afterpay.

Tencent, afterpay, online payments, ecommerce, China, Hong Kong, Australia, fintech, emerging fintech

Tencent launches social ecommerce mini program on WeChat

05 May 2020 | Ecommerce

Hong-Kong-based conglomerate Tencent has rolled out Xiao’e Pinpin, a mini program for social commerce on WeChat that the company has made available to its users.

Xiao’e Pinpin; Tencent, China, Hong Kong, JD.com, ecommerce, Pinduoduo, Asia, APAC

WeBank, Digital Asset to integrate DAML smart contract language

20 Apr 2020 | Online & Mobile Banking

China-based WeBank has announced integrating Digital Asset‘s smart contract language DAML with the FISCO BCOS blockchain platform. 

WeBank, DAML, China, FISCO BCOS, blockchain, China, Digital Asset, digital bank, Tencent, WeChat, Shenzhen Securities Communications, Huawei, BSN, Ethereum, Hyperledger Fabric, Hyperledger Sawtooth, Hyperledger Besu, VMware Blockchain, R3, Corda, Amazon, QLDB, Aurora

IBM, Huawei, Alibaba to form provincial blockchain alliance

16 Apr 2020 | Cryptocurrencies

Huawei, IBM, Tencent, Alibaba, and Baidu have partnered to create an alliance called the Chongqing Blockchain Application Innovation Industry Alliance.

Huawei, IBM, Tencent, Alibaba, China, Baidu, blockchain alliance

Agricultural Bank of China to trial interface for PBoC's central bank digital currency

16 Apr 2020 | Cryptocurrencies

The Agricultural Bank of China (ABC), a large state-owned bank, has started testing an interface for the country’s central bank digital currency (CBDC).

Ant Financial, Tencent, mobile app, DC/EP, Agricultural Bank of China, PBoC, central bank digital currency, China

Voyager secures USD 120 mln investment for e-wallet service

07 Apr 2020 | Mobile Payments

A group of investors, including China-based Tencent and KKR, have announced an investment of up to USD 120 million for Voyager Innovation, a Philippine-based tech company.

PayMaya, China, Tencent, KKR, investment, Voyager, Philippine, e-wallet

Swiggy receives additional USD 43 million in Series I round

07 Apr 2020 | Ecommerce

India-based food delivery company Swiggy has received an additional USD 43 million funding in its Series I funding round, led by China-based internet giant Tencent.

India, food delivery, Swiggy, funding round, China, Tencent

Tencent, Huawei team up on a cloud gaming platform

27 Mar 2020 | Ecommerce

Tencent has teamed up with Huawei to set up a laboratory to develop a cloud gaming platform, the Chinese gaming company announced in a statement.

Tencent, Huawei, cloud, gaming, platform, partnership, artificial intelligence, augmented reality, virtual reality, China

ZA bank, a Hong Kong-based online-only bank, starts operating

24 Mar 2020 | Online & Mobile Banking

ZA bank, a Hong Kong-based online-only bank, has begun operating. 

Hong Kong, online banks, banking licences, Ant Financial, Standard Chartered, Tencent, HSBC, Bank of China, virtual banking,

Mobile money market expected to reach USD 12.0 billion by 2024

27 Feb 2020 | Mobile Payments

According to a new market research report published by MarketsandMarkets, the mobile money market to grow from USD 3.4 billion in 2019 to USD 12.0 billion by 2024.

MarketsandMarkets, mobile payments, online payments, mobile payments market, Vodafone, Google, Orange, FIS, Paypal, Mastercard, Fiserv, Airtel, Gemalto, Alipay, MTN, PAYTM, Samsung, VISA, Tencent, Global Payments, Amazon, Apple, Western Union Holdings, Comviva, and T- Mobile

German digital bank N26 pulls out of UK, blaming Brexit

12 Feb 2020 | Online & Mobile Banking

The Germany-based digital bank N26 is has blamed Brexit for its decision to pull out of the UK and close more than 200,000 customer accounts.

N26, Brexit, United Kingdom, bank, digital bank, challenger, Tencent, UK, online banking, online bank, challenger bank, digital banking, neobank

Farfetch raises USD 250 mln from Tencent and Dragoneer

31 Jan 2020 | Ecommerce

Farfetch, a global technology platform for the luxury fashion industry, has raised USD 250 million from Tencent and Dragoneer to support its continued growth.

Farfetch, Dragoneer, Tencent, technology platform, fashion industry, investment

Lydia raises USD 45 mln in Tencent-led funding round

16 Jan 2020 | Mobile Payments

France-based startup Lydia has raised USD 45 million in a Series B round led by Tencent, TechCrunch reports.

Lydia, Tencent, P2P payments, e-wallet, mobile app, funding