Tencent's 'New Game King' is launched.

Boycott Android channels.

wallstreetcn20:06 ET

According to Goldman Sachs's prediction, the gaming industry environment has changed, which is not favorable for Netease. However, they are bullish on Tencent.

As industry regulatory focus shifts, Tencent, as "China's largest small game platform", may usher in a spring. Coupled with the initial results of Tencent's overseas investments, its international gaming business is showing strong momentum.

wallstreetcnJun 19 07:23 ET

Meituan learns from pdd holdings.

Author | Liu Baodan Editor | Zhou Zhiyu After Alibaba and JD replicated the tens of billions of subsidies, Meituan also began to learn from Pinduoduo. Wang Xing applied the low-price group-buying model to local life, stabilizing the competition situation with Douyin. On June 6, Meituan handed in a better-than-expected quarterly report. In the first quarter of 2024, Meituan achieved a revenue of 73.3 billion yuan, a year-on-year increase of 25%, although the growth rate was slightly lower than the same period last year, but performed better than the previous two quarters, maintaining high growth. In terms of profitability, Meituan had a net profit and adjusted EBITDA of 5.37 billion yuan and 8.07 billion yuan, respectively, with growth rates of 60% and 2

wallstreetcnJun 7 06:26 ET

Meituan Phone Meeting: accumulated over 100 million members, Q2 on-demand order growth will return to normal, increasing live broadcasting efforts.

Meituan stated that overseas expansion is an important direction for the long-term growth of Meituan. Meituan Maicai plans to expand to the global market but will remain cautious. At the same time, the company empowers businesses with AI, attracts consumers by issuing a large number of coupons and providing discounts on popular products. In addition, the company is increasing its efforts in live-streaming activities and penetrating lower-tier markets to adapt to the transformation of consumer downgrading. Furthermore, Meituan's emerging businesses, such as bike sharing and power bank rentals, are leading the industry.

wallstreetcnJun 6 21:00 ET

Tencent wants to start the “AI era for all”

The scene of the Yuanbao press conference. Liu Yuhong, vice president of Tencent Cloud and head of Tencent's hybrid model, author | Huang Yu | Zhou Zhiyu is calling for a lot of calls. Tencent, which has taken the leading position in domestic social communication, has finally begun to extend its reach to independent AIGC apps. The battlefield is already full of waves, but no winners have come out yet. On May 30, Tencent announced the official launch of the app “Tencent Yuanbao” based on the mixed-yuan model. Previously, Tencent also built mixed element assistants for the C side, but only the applet and PC side. Yuanbao is considered the first AIGC pure application built by Tencent for the C side. Vice President of Tencent Cloud, Teng

wallstreetcnMay 30 06:42 ET

A new hope for Tencent games

The DNF mobile game topped the list in the first week of its launch.

wallstreetcnMay 29 08:35 ET