Tencent boss vows ‘compliance’ with China regulators


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Tencent’s billionaire founder Ma Huateng — China’s second richest man — has met with anti-monopoly regulators and agreed his firm will be “as compliant as possible,” after rival tech giant Alibaba was battered by legal woes.

Tencent, which owns the super-app WeChat and a lucrative gaming empire, is the latest tech conglomerate to fall in the crosshairs of China’s regulators.

They have launched a blitz on anti-competitive practices.



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