China's social media giant Tencent Holdings was suspended from releasing new mobile applications and updating existing ones without regulators' approval after allegations that several of its products violated consumer interests.
Beijing's crackdown on tech companies deals another blow to internet giant
WeChat, which hosts 1.2 billion users worldwide, is one of dozens of apps operated by Tencent, which has run repeatedly afoul of regulators. © Reuters
China's social media giant Tencent Holdings was suspended from releasing new mobile applications and updating existing ones without regulators' approval after allegations that several of its products violated consumer interests.