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Tencent’s game plans

Tencent is the sixth most valuable company in the world, with a market cap close to $800 billion. The Chinese conglomerate has a growing and diversified revenue stream, operating in social networks, online gaming, media entertainment and advertising, e-commerce, fintech and other business services. It has created an ecosystem of apps at the core of … Continued

Alibaba and Tencent critical to China’s vision for 2035

China was the only major economy to grow last year as the world struggled with the pandemic, and it is on pace to become the world’s largest economy by 2028. During the annual parliamentary meeting last week, China released the long-discussed draft of its 14th five-year plan which includes the country’s vision for 2035.   The … Continued

Is the game changing for gaming?

In April last year Travis Scott held a concert on Fortnite. The set lasted around 15 minutes and was viewed simultaneously by over 12.3 million gamers. The artist re-aired the virtual show another four times to a total of 27.7 million unique viewers nabbing him around US$20 million for his time. This equated to over … Continued