Lates News

Tencent's board chairman Ma Huateng set the most direct tone for the upcoming Spring Festival battle at the annual employee meeting. One day before, Tencent's AI application Yuenbao announced a Spring Festival 1 billion activity. This year, its competitor under ByteDance, the volcano engine, became the exclusive AI cloud partner for the CCTV Spring Festival Gala. In addition to the Spring Festival battle, Ma Huateng also discussed the past year's battles in takeout, AI, as well as Douyin phones and Alibaba's Qianwen. He also mentioned various Tencent businesses including cloud, games, documents, Tencent News, TME (Tencent Music Entertainment), and Yingyong Bao. He said that AI is a major business that Tencent has invested in heavily in the past, and the cloud business has already achieved profitability, while Tencent's gaming business is "very strong." (Yicai)