Tencent resumes growth, posts $21.9 billion revenue in December quarterTencent Holdings Ltd.’s revenue inched up after two quarters of contractions, fueling hopes that Beijing will again allow the world’s large...
22 Mar, 2023, 03.41 PM IST
Tencent says is making personnel adjustments after report of layoffsTencent, Asia's biggest internet company, told Reuters it was untrue that it planned to disband the business. It said it was making adjustm...
16 Feb, 2023, 06.48 PM IST
China's Tencent said it fired more than 100 employees over corruption in 2022The disclosure comes after Tencent's founder Pony Ma in a townhall last month said serious "corruption" issues had been discovered within t...
16 Jan, 2023, 09.43 AM IST
Tencent bets big on WeChat Channels in push to build its own TikTokWeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned...
13 Jan, 2023, 02.19 PM IST
Tencent chief blasts managers in fiery townhallPony Ma said at a year-end meeting with staff on December 15 that internal reviews this year had exposed unspecified corruption within Asia...
23 Dec, 2022, 11.45 AM IST
Tencent fires 5,500 workers as sales down for first time since going publicTencent has downsized its workforce for the first time since 2014, slashing the number of employees to 110,715 by the end of June, down fro...
21 Aug, 2022, 08.14 PM IST
Tencent chief causes stir with repost of article on China's economyThe article, which Pony Ma reposted early on Saturday, lamented that there were few people in China willing to speak up about the pressures...
23 May, 2022, 04.27 PM IST
Tencent boss loses $14 billion in rout, more than Jack MaIn a twist that has upended conventional wisdom on the political pecking order of China’s business elite, Tencent Holdings Ltd.’s mild-mann...
04 Aug, 2021, 01.50 PM IST
Tencent's quarterly revenue jumps 26%, helped by online gamesProfit rose 175% in the same period to 59.3 billion yuan, largely thanks to fair-value gains in companies Tencent has invested in, and sale...
24 Mar, 2021, 04.04 PM IST
Tencent boss meets China antitrust officials as scrutiny widens: ReportTencent, whose WeChat messaging and payment mobile app is ubiquitous in the world's second-largest economy, is expected to be the next in l...
24 Mar, 2021, 09.47 AM IST
Tencent faces broad China clampdown on Fintech, DealsAsia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s o...
12 Mar, 2021, 02.24 PM IST
Jack Ma loses title as China's richest man after coming under Beijing's scrutinyJack Ma and his family had held the top spot for China's richest in the Hurun Global Rich List in 2020 and 2019 but now trail in fourth pla...
02 Mar, 2021, 03.30 PM IST
Tencent's 48-yr-old Pony Ma dethrones Jack Ma to become China's richestPony Ma overtook real estate tycoon Wang Jianlin as China’s second-richest person in 2013.
24 Jun, 2020, 05.04 PM IST
WeChat app crosses one billion account markHalf of WeChat users spend more than 90 minutes a day on the app.
06 Mar, 2018, 07.56 PM IST
With investments in Flipkart, Ola, Asia's tech scene gets a new Warren Buffett at TencentLike SoftBank and Naspers, Tencent has been on an acquisition spree, spending some $50 billion on stakes in companies from Flipkart to Ola.
25 Oct, 2017, 10.39 AM IST
Besties? Why Alibaba, Tencent are teaming up in $15 billion dealJack, founder of Alibaba Group Holding Ltd., and Pony, founder of Tencent Holdings Ltd., are joining forces for the second time this year.
08 Oct, 2015, 11.07 AM IST
After Alibaba Holdings, Tencent makes first investment in Indian firmThe company behind popular messaging app WeChat has been known as a fairly aggressive investor in startups both in China and overseas.
07 Aug, 2015, 12.54 PM IST