Tencent

WeChat Malaysia Sdn. Bhd., a subsidiary of Chinese tech giant Tencent, has been awarded “Malaysia Digital” (MD) status by the Malaysia Digital Economy Corporation, marking a step in the company’s expansion within Malaysia’s digital sector.

Chinese technology firm Tencent announced Monday the opening of its new office at Menara 1 Sentrum, marking the latest milestone in the company’s Malaysian growth story.

China-based payment firm Tencent announced Tuesday the launch of TenPay Global Checkout, a new payment solution for Weixin Mini Program merchants operating in global markets to accept a wide range of local payment methods with ease.

Global payment firm Visa announced last Friday that it is in explorations with Ant International, Grab and Tencent to grow artificial intelligence (AI) commerce by enabling a secure and seamless checkout experience.

Stripe, a global financial infrastructure platform for businesses, has announced an expansion of its global partnership with Chinese multinational technology conglomerate Tencent, making Weixin Pay — also known as WeChat Pay — available on Stripe Terminal in 20 countries.

The Malaysian Communications and Multimedia Commission (MCMC) said Thursday that Telegram and Tencent (WeChat) have started the process of obtaining the required license to operate their platforms in Malaysia.

As part of the five year partnership, GoTo will leverage Tencent Cloud’s technology and Platform as a Service (PaaS) services to support its comprehensive ecosystem.

Tencent Cloud’s inaugural Web3 product is now live in the availability zones of Hong Kong and Singapore, serving customers worldwide.

In the first half of 2023, international business posted double digit revenue growth, with particularly strong performances in Japan, Singapore, Malaysia, Indonesia, Europe, and the Middle East.

Chinese tech giants such as Baidu and Alibaba Group have already announced plans to launch their own AI chatbots and incorporate the technology into their core businesses.