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TENCENT HOLDINGS
Practo appoints Jagnoor Singh as CEO; founder Shashank ND transitions to chairman roleSingh, who joined Practo as chief operating officer in January 2025, took over as CEO effective September 1. He will oversee the company’s ...- Manus eyes $4 billion value in first round since Meta breakupThe planned $500 million financing round is set to close soon and would make the agentic AI pioneer China’s most valuable startup in its fi...
- Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...
- China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
- DeepSeek plans big Huawei AI chip order to power new data centreThe startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed th...
- Swiggy shares fall 2%, down for 3rd session, as MSCI set to remove stock from Global Standard Indexes from September 7Shares of Swiggy experienced a decline following MSCI's decision to exclude the company from global indexes, prompted by its shift to full ...
- AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPOThe chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlar...
- Global Market: China stocks rise on AI optimism; Hong Kong shares mostly flatChinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hon...
- China's Tencent posts 11% second-quarter revenue rise, profit misses estimatesFor the three months ended June, the Shenzhen-based gaming and internet company reported revenue of 204.8 billion yuan ($30.36 billion), ...
- Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
- Chinese tech firm manager sacked after leaked payslip reveals his approximately Rs 5 crore salaryA manager in China has been fired after his 4.5 crore salary became publicly known, per SCMP. Tencent dismissed the employee, identified as...
- Global Market: Chinese stocks slip as AI, chip shares extend correction; defensive sectors offer supportChinese stocks declined on Thursday as AI and semiconductor shares extended their correction amid profit booking in expensive technology na...
- Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...
- China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
- Chinese filing implies DeepSeek valuation of around $52 billionThe stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, whic...
- Tencent unit seeks up to $1.55 billion from short-video company Kuaishou share saleThe Tencent unit is offering about 273 million Kuaishou Class B shares at HK$43.15 ($5.50) to HK $44.53 each. The range values the sale at...
- Tencent working on mobile version of hit console game 'Elden Ring'China's Tencent Holdings is working on a mobile version of the popular action role-playing game "Elden Ring". Tencent acquired the licensin...
- China's Tencent says it is internally testing its 'Hunyuan' AI modelChina's Tencent Holdings said that its self-developed artificial intelligence (AI) model has entered the internal testing stage and is now ...
- China's Tencent starts new round of layoffs: reportLayoffs will affect three out of Tencent's six business divisions - platform and content (PCG), which comprises of its video and news platf...
- Google scouts for buys to expand in southeast AsiaGoogle may buy tech assets to expand in SE Asia, following Internet operators including Tencent Holdings and Living-Social in acquiring cos.
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