Apple is putting pressure on Tencent and ByteDance to make significant changes to two of China's most popular apps in order to remove loopholes that circumvent Apple's typical 30% commission, ...

Apple is pushing Tencent and ByteDance to “close loopholes” that currently allow their apps to skirt the App Store’s in-app purchase system, according to a new report from Bloomberg. In new quotes ...

(Bloomberg/Pei Li) — Tencent Holdings Ltd. has struck a deal with Apple Inc. that will see the iPhone maker handle payments and take a 15% cut of purchases in WeChat mini games and apps, resolving a ...

Update 9:34am PT: There is no direct deal between Apple and Tencent for the 15% commission rate on WeChat mini games and apps. Instead, Tencent is taking advantage of Apple’s new App Store Mini Apps ...

We may receive a commission on purchases made from links. Apple has been pressuring ByteDance and Tencent to close loopholes in China that funnel customers to external payment systems for making ...

Tencent Holdings Ltd. (NYSE:TME) has agreed to a new payment arrangement with Apple Inc. (NASDAQ:AAPL) that will allow Apple to handle transactions and collect a 15% commission on spending inside ...

All businesses under Tencent’s content unit achieved profitability at the end of 2022. Credit: 123RF Tencent’s AI assistant app Yuanbao has climbed to second place on China’s Apple App Store free app ...

Tencent is looking to boost its cloud computing business in Europe relying on expertise in areas from gaming to video streaming that it has built up in China. The firm's European push will pitch it ...

Tencent President Martin Lau said the company could create a "differentiated" AI agent through WeChat, the popular messaging app in China. Lau explained that WeChat, which is often dubbed a super-app, ...

Move has 'long-term constructive significance for the overall prosperity of China's mobile app ecosystem', gaming company NetEase says Apple announced a reduction in the App Store commissions it ...