Summer 2026
Global tech conglomerate: social, gaming, cloud
No salary listed
London, UK
In Person
People at Tencent who can refer or advise you
Tencent is a Chinese technology conglomerate that operates a wide range of consumer platforms and enterprise services. It connects over a billion users through WeChat and QQ, combining messaging, social features, and mobile payments, while Tencent Cloud offers AI, big data, and cloud infrastructure for businesses. It stands out by blending a huge user base with major investments in gaming studios and an integrated ecosystem that spans media, fintech, cloud, and enterprise tools. Its goal is to create a large, connected digital ecosystem for people and businesses in China and worldwide, using AI-powered products and services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Shenzhen, China
Founded
1998
People at Tencent who can refer or advise you
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Tencent Mobility, a wholly owned subsidiary of Tencent Holdings, has raised approximately $1.5 billion through an off-market block trade of shares in Chinese short-video platform Kuaishou Technology. The transaction involved 272.9 million Kuaishou Class B shares at HK$43.25 per share, representing a 6% discount to Monday's closing price. The sale reduced Tencent's stake from 15.68% to 9.37%, meaning it no longer qualifies as a substantial shareholder. The move signals Tencent's strategic shift towards artificial intelligence investments. Days before the sale, Tencent invested $200 million in Kling AI, Kuaishou's text-to-video generation tool. The company has also committed ¥10 billion to Chinese AI firm DeepSeek. Kuaishou cushioned market impact by repurchasing 174.84 million of its own shares worth approximately $1.06 billion. Both companies stated their strategic partnership remains intact despite the ownership change.
Kling AI nears $3B round at $18B valuation Ahead of HK IPO. Tl;dr. * Kuaishou's Kling AI is closing an external round of up to $3 billion at an $18 billion post-money valuation, per SCMP sources. * General Atlantic is leading and Tencent is participating, ahead of a planned Hong Kong IPO within the next 12 months. * Kling has hit a $500 million annualized revenue run rate, with roughly 75% of that revenue coming from overseas markets. The number that jumps out of the Kling AI round is not the headline dollar figure. It is that roughly 75% of the company's revenue already comes from outside China, and a US firm, General Atlantic, is leading its first external financing at the same time Beijing has reportedly been telling leading Chinese AI firms to refuse US capital without prior clearance. That combination is what makes this more than another late-stage AI raise. According to a South China Morning Post report citing sources familiar with the matter, Kuaishou's Kling AI unit is closing an external funding round of up to $3 billion at a post-money valuation of about $18 billion, with Tencent participating. Bloomberg has been tracking the General Atlantic-led shape of the deal through the summer. The $18 billion mark is trimmed from an initial $20 billion target set in April 2026, which is a useful reminder that even the hottest AI video story is negotiating with the market rather than dictating to it. The business underneath is not a projection. Kling has reached an annualized revenue run rate of about $500 million, with first-quarter revenue reportedly exceeding CNY 650 million (roughly $95.8 million), and three-quarters of that money coming from creators and businesses outside China. Kuaishou expects to initiate the Hong Kong listing process for Kling within the next 12 months, with proceeds earmarked for computing infrastructure, data-center construction, and talent, which is the same shopping list every serious AI video shop now has. The honest caveat is that "nearing" is not "closed", the geopolitical wrapper on US money flowing into Chinese AI is genuinely unsettled, and the reporting does not tell you how much of the up-to-$3 billion is firm commitment versus soft, or whether the deal has already cleared Chinese regulatory review. What the reporting also does not give you is the margin or churn picture behind that $500 million run-rate. The forward-looking piece worth watching is straightforward. If Kling gets a Hong Kong listing away on this trajectory in the next twelve months, the AI-video market suddenly has a Chinese public comparable that everyone else's investors, from Runway and Pika to the video ambitions inside OpenAI, will be re-marked against. Originally reported by bloomberg.com Original headline: Kuaishou's Kling AI Raises $2B at $15B Pre-Money, Round Could Extend to $3B - General Atlantic Leads First External Financing Ahead of Hong Kong IPO
Tencent unveils deepseek-powered AI agent for WeChat corporate app. Tencent Holdings Ltd. is set to launch an AI agent for its WeChat corporate app, marking a significant move in the competitive landscape of enterprise... Eulerpool News Agency KYG875721634 A strategic move in enterprise communication. Tencent Holdings Ltd. is gearing up to introduce a new AI agent powered by its DeepSeek technology for its WeChat corporate app, a move that could reshape the enterprise communication sector in China. As competition intensifies among tech giants like Alibaba and ByteDance, Tencent's initiative not only aims to enhance user experience but also to lock users into its expansive ecosystem, a strategy critical for sustaining growth and shareholder value in a rapidly evolving digital landscape. Enhancing user engagement and ecosystem loyalty. The integration of AI into WeChat's corporate offerings reflects a broader trend where companies leverage technology to create more engaging and efficient platforms. By deploying an AI agent, Tencent seeks to streamline communication and collaboration within organizations, thereby increasing productivity and user satisfaction. This innovation could potentially position Tencent as a frontrunner in the enterprise market, especially as businesses increasingly look for comprehensive solutions that integrate seamlessly with existing workflows. Implications for investors and the tech landscape. For investors, this move signifies Tencent's commitment to innovation and its strategic focus on maintaining a competitive edge in the tech ecosystem. The ability to attract and retain users through enhanced services not only bolsters Tencent's market position but also promises to drive long-term shareholder value. As the landscape continues to evolve, the effectiveness of Tencent's AI agent could serve as a bellwether for the future of enterprise communication tools in a post-ChatGPT world, emphasizing the critical role of technological advancement in shaping market dynamics.
Warrior Cats animated series coming to Disney+. June 18, 2026 The long-running children's fantasy book series Warrior Cats is officially heading to the small screen. Disney Kids and Family has announced a deal with Coolabi Group to produce an animated television series based on the global publishing phenomenon, with a premiere currently slated for 2028. The upcoming show is currently in production and will follow the core narrative established in the first book series, titled Warrior Cats: The Prophecies Begin. The project marks the first authorized animation for the franchise, which has maintained a consistent presence on the New York Times bestseller list for two decades. The creative team behind the series includes showrunner A.C. Bradley, known for her work on Ms. Marvel and What If. The series will be directed by Emmy award-winning filmmaker Rodrigo Blaas, with animation services provided by Original Force on behalf of Tencent Video. Bringing the clan to life. For fans of the books, the transition to television is a significant milestone. The franchise has cultivated a massive digital footprint, boasting millions of monthly views on YouTube and TikTok, alongside a highly successful presence on the gaming platform Roblox. By joining the Disney+ library, the series will sit alongside other established animated hits like Bluey and Big City Greens. Ayo Davis, president of Disney Kids and Family, noted that the studio is always seeking imaginative storytelling that resonates with global audiences. The partnership with Coolabi Group aims to bring the magic and adventure of the feline clans to a new generation of viewers. While the 2028 release date is still some time away, the announcement confirms that the project is moving forward with a clear creative vision. Fans can expect more updates as the production continues to take shape.
Thai pop music demonstrates significant revenue growth. Thai pop music is experiencing rapid expansion, driven by dedicated fandom and increasing revenue from live events and merchandise. June 8, 2026 Thai pop (T-pop) has been gaining international recognition, fueled by the influence of dedicated fanbases. Revenue for the T-pop label collective is projected to reach Bt11 billion (£250 million) in 2026, increasing to Bt13 billion (£295 million) by 2029, indicating a recovery from pandemic-era levels. Research indicates that while superfans represent approximately 2% of an artist's total listenership, they can contribute up to 42% of an artist's revenue. A study found that 81% of T-pop listeners identify as Gen Z. Growth in the sector is primarily attributed to increased sales of live event tickets and merchandise, sustaining song popularity beyond initial release dates. Streaming, social media engagement, fan gatherings, strategic partnerships, and improvements in production quality have all contributed to the genre's rise, particularly through the popularity of Thai GL and BL series, which also promote the artists involved. Successful strategies for T-pop include prioritizing partnerships; for example, Thai rapper Milli gained prominence in South Korea after appearing on a Korean game show. GMM Music also expanded its international reach through a partnership with Tencent. Building strong fan ecosystems through brand collaborations is also proving effective, with 84% of T-pop fans reporting purchases of products or services endorsed by their favored artists. Exclusive merchandise, such as photo cards and limited-edition items, and exclusive fan meetups are particularly valuable offerings. June 8, 2026 How to price cds online when shipping & fees cut into profits. June 7, 2026 Increased visibility from 'off campus' series drives music sync growth. June 8, 2026