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Stock impact report

Tencent to close online education service as tech giant cuts back on noncore operations [Yahoo! Finance]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: Yahoo! Finance
The professional education service Tencent Ketang, which translates to "classroom" in English, will cease operations on October 1, according to a notice posted on its website, without providing any reason. While users will no longer be able to access new courses on the platform from August 1, they can still watch lessons that have already been added to their schedules until the site is closed, the notice said. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Shenzhen -based Tencent did not immediately respond to a request for comment on Monday. The landing page of the Tencent Ketang website. Photo: Handout alt=The landing page of the Tencent Ketang website. Photo: Handout Shuttering the online education service shows Tencent's focus on its restructuring strategy, about a year and Show less Read more
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