China's tech giants offer lavish year-end bonuses amid AI talent war [Yahoo! Finance]
TENCENT HLDGS UNSP/ADR (TCEHY)
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Source: Yahoo! Finance
TikTok owner ByteDance expanded its bonus pool by 35 per cent from a year earlier, as well as increased the budget for pay rises by 150 per cent, according to Chinese media outlet The Paper. The company also lifted pay floors and ceilings across all job levels. The increases were done to ensure the company offered globally competitive compensation, according to the report. Shenzhen-based social media and video gaming giant Tencent Holdings was also on a hiring spree for AI-related talent, including poaching people from rivals, according to a report by US news outlet The Information. Tencent has lured several researchers from rivals by offering to double their existing salaries. 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. One high-profile recruitment was Yao Shunyu , a former rese
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- 11/14/25 - Barclays PLC