Logo 30 Apr 2021

Tencent faces the music

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Tencent’s next on antitrust regulators’ hit list.
On Thursday, Reuters reported two insider sources as saying that China’s anti-monopoly watchdog (SAMR) was planning to slap the tech giant with a hefty fine:

“Tencent should expect a penalty of at least 10 billion yuan ($1.54 billion)…both people sa...