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Aside from Wuhu, another e Sports theme park has been planned in Chengdu.
In September 2017, Tencent has announced plans to introduce Chinese online comics to every market around the world, with the first being North America.
The company employs more than 7000 active Chinese Communist Party members, 60 percent of which in leading technical positions throughout the firm, accounting for roughly 23 percent of its total work force.
in Riot Games, developer of League of Legends, for about USD 230 million.
; literally: "Soaring information"; SEHK: 700) is a Chinese multinational investment holding conglomerate whose subsidiaries provide various Internet-related services, products, entertainment and technology both in China and globally.
Its many services include social network, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games, which are all among the world's biggest and most successful in their respective categories.
For the occasion of the 19th National Party Congress, Tencent released a mobile game titled "Clap for Xi Jinping: An Awesome Speech”, in which players have 19 seconds to generate as many claps as possible for Xi.
In a "direct challenge to Chinese search engine Baidu," in May 2017 Tencent entered news feed and search functions for its We Chat app, which the Financial Times reported was used by 770 million people at the time.
Aside from mainstream games, the company has promised to also launch titles which includes Stardew Valley, Rocket League, Portal Knights, Minecraft, Cities: Skylines, with 170 games promised by the end of 2017.
There are expectations that We Game will grow huge and successful globally with its new focus on Western users, combined with the massive buying power of today’s Asian consumers.
In the same month, Tencent announced the company's Q3 results that exceeded optimistic expectations with skyrocketing sales, net income and gaming revenue, while Wechat reached 980 million monthly active users.
In December 2017, Tencent's music arm, Tencent Music Entertainment (TME) and Spotify agreed to swap 10% stake and invested in each other's music businesses, forming an alliance in the music industry in which Martin Lau (president of Tencent) described it as a "strategic collaboration".