Don’t panic — this isn’t Tencent’s first tie-up with a state-owned firm • ZebethMedia

News on Tencent and China Unicom is causing a stir in China’s tech industry on Wednesday afternoon. The gaming and social networking behemoth and the state-owned carrier have received regulatory approval to set up a joint venture, according to a government announcement. Following the transaction, Tencent and China Unicom will respectively own 42% and 47% […]

Taylor Swift’s ‘Midnights’ is the priciest digital album Tencent has sold • ZebethMedia

Taylor Swift’s latest album “Midnights” has dropped, and it might be setting a new standard for China’s digital music industry. Within a day of its release, the 13-track album, priced at 35 yuan or $4.83, has racked up nearly 200,000 copies on Tencent’s QQ, one of the largest music streaming platforms in China. While $4.83 […]

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