China's tech giant Tencent: what you need to know

PETALING JAYA: Mixed doubles shuttler Chen Tang Jie will be on a double duty after his split with Toh Ee Wei.

The company has a large presence in video gaming, domestic cloud services and content streaming, with its popular game Honor Of Kings boasting more than 100 million players. — ReutersChinese tech titan Tencent is set to invest US$1.25bil in French video game maker Ubisoft, in exchange for a 25% stake in a new subsidiary of theThe firm dominates daily life in China with its"super-app" WeChat, which combines chat and social functions with a digital wallet.

The Chinese firm currently holds almost 10% of the group's stock – a threshold it is not allowed to cross before 2030 – while the founding Guillemot family owns around 15%.Tencent's products have faced scrutiny from governments including the United States, where it is seen as a potential threat to national security.

In January, the US Defense Department added Tencent to a list of companies it says are affiliated with Beijing's military.

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