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Market Chatter: Tencent, Apple to Collaborate for Chinese Market Access on Vision Pro Headset
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Market Chatter: Tencent, Apple to Collaborate for Chinese Market Access on Vision Pro Headset
Mar 26, 2024 12:33 PM

03:25 PM EDT, 03/26/2024 (MT Newswires) -- Apple's ( AAPL ) Vision Pro headset will get access to keys applications from Tencent ( TCTZF ) in China, The Information reported Tuesday, citing a person with knowledge of the agreement between the companies.

The accord with Tencent ( TCTZF ), China's largest social media, streaming and gaming company, is significant because Apple's ( AAPL ) streaming service and other US entertainment platforms aren't available in the Asian country, the report said.

In addition to providing the messaging app WeChat, Tencent ( TCTZF ) also operates a video-streaming service used by 450 million people in China at least once a month, The Information said.

Tencent ( TCTZF ) and Apple ( AAPL ) didn't immediately respond to requests for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 170.48, Change: -0.37, Percent Change: -0.22

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