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TENCENT HOLDINGS
Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people sayMoonshot, a Chinese AI startup, is currently in discussions with Recurrent.ai amidst a backdrop of legal challenges concerning alleged misc...
DeepSeek to raise at least $12 billion in Tencent-backed fundingChinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News r...
Lessons from Chinese AI Firms on Owning Customers’ HabitsAs U.S. AI firms compete in an escalating race for superior models, bigger benchmarks, and more advanced features, Chinese companies are pu...
Xi Jinping unlikely to bring CEOs to summit where Trump seeks dealsUS President Donald Trump is preparing to host China's President Xi Jinping for an upcoming summit in Washington. The Chinese leader is not...
Global AI trade roars back as Meta’s personal agent fuels optimismGlobal AI stocks and chipmakers rallied following the strong debut of Meta's Muse AI agent. The surge boosted semiconductor shares like Sam...
Global funds, same tech bet? The diversification trap Indian investors may missMany Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices ofte...
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), ...
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 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 Asia
Google may buy tech assets to expand in SE Asia, following Internet operators including Tencent Holdings and Living-Social in acquiring cos.