Ma Huateng published a signed article in “People's Daily”

On December 12, Ma Huateng published an article in “People's Daily” emphasizing the important role of private enterprises in the country's economic development. Ma Huateng's article called on all parties to work together to promote the healthy and sustainable development of the digital economy and the private economy by emphasizing policy support, technological innovation, legal guarantees, and improvements in the market environment. He believes that only with a stable policy environment and fair market competition can private enterprises better play their important role in the national economy. Earlier, the executive meeting of the State Council emphasized that developing a platform economy is of paramount importance for expanding domestic demand, stabilizing employment, and benefiting people's livelihood. It is also a key measure to empower the real economy and develop new levels of productivity. With more policy support, the recovery of the platform economy is just around the corner.

Tencent Invests in Gaming Wins Multiple Awards from TGA

At the 2024 The Game Awards (TGA) ceremony, Tencent invested in the game “Black Myths:

“Goku” won two awards, “Best Action Game” and “Voice of the Player”. Although it was a pity to miss the game of the year, it has become one of the highlights of Chinese games on the global stage. In addition, “League of Legends” also received the “Best eSports Game” award, and its players and teams won the “Best Tournament Player” and “Best eSports Team” awards. The success of “Black Myths: Goku” also marks that Chinese games have entered the mainstream of the international stage, and their global influence has entered a new stage. Through years of careful layout and strategic investment, Tencent has established a huge development network in the game industry. Behind these achievements is the result of Tencent's long-term investment and support in the game industry.

Tencent Music Infringement Case Wins Audio Author Cooperation Case

The China Music Copyright Association (CMA) won an infringement lawsuit against “Cool Me Music” under Tencent Music and received compensation of nearly 0.12 million yuan. This incident emphasized the importance of copyright compliance and may prompt Tencent Music to strengthen copyright management, increase copyright costs, and engage in more active cooperation and negotiations with copyright agencies. At the same time, Tencent Music may need to strengthen content review mechanisms to find alternative content or develop original music to maintain the user experience. The outcome of this lawsuit may cause Tencent Music's stock price to fluctuate in the short term, but in the long run, if the company can effectively resolve copyright issues and demonstrate strong risk management capabilities, the stock price may recover or even grow. Furthermore, the outcome of this case may also affect the entire music streaming industry, push the industry to pay more attention to copyright issues, thereby affecting the stock prices and business strategies of other companies in the industry.

Tencent establishes management consulting company

Recent business information shows that Shenzhen Xintengjia Management Consulting Co., Ltd. was established. The legal representative is Jin Fang, with a registered capital of 5 million yuan. Its business scope includes enterprise management consulting, human resources services, property management, hotel management, software development, etc. According to shareholder information, the company is wholly owned by Shenzhen Tencent Digital Technology Co., Ltd. There are many subsidiaries and investment companies under Tencent, and Tencent's establishment of a management consulting company may also be part of better promoting business integration. In terms of business development, Tencent's B2B services are gradually expanding, and management consulting may also be an important step in diversifying its business and deepening the enterprise management service market. Through this layout, Tencent is expected to use its advantages in technology, data and ecological collaboration to provide customers with more comprehensive and efficient management consulting services.