Tencent has launched advertising for Yuanbao on nearly all products in its product ecosystem, digital content marketing platform DataEye reported yesterday. The app ranked second on the free download charts on Apple's mainland App Store on Feb. 22, behind only DeepSeek-R1.

Chinese tech giants Tencent, Alibaba, and ByteDance have significantly increased orders for Nvidia's H20 AI chips, as the rise of DeepSeek's low-cost AI models drives a surge in demand for AI computing power.

HONG KONG -- China's chatbot market, led by TikTok owner ByteDance and startup Moonshot, is in for a shakeup after Tencent announced it was joining the growing list of Big Tech players embracing DeepSeek's artificial intelligence model.

Chinese internet giant Baidu said on Tuesday it had purchased social media platform JOYY Inc's livestreaming business for $2.1 billion, a year after it canceled a deal partly because it failed to get government approval.

Huawei to Launch 1st Phone 'Born for Native Harmony' in Mar w/ Ecological Partners Like Tencent, Alibaba, Meituan