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• Chinese tech giant Tencent Holdings Ltd. (OTC: TCEHY) is planning to shut down its content creation app Kandian next Monday as part of a broader strategy to become more efficient, the South China Morning Post reported.
• Kandian will shut down operations on August 15 as part of 'adjustments in business development strategy,' as per the report, which cited an app announcement.
• Tencent has reportedly sent out notifications to its users to back up data. Certain services will remain accessible through the Mini World function of QQ, Tencent's original chat app, the report said.
https://www.youtube.com/watch?v=cpVs2taJidk