Ant to buy back shares at 70% lower valuation than at IPOThe limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation...
08 Jul, 2023, 09.28 AM IST
Tencent slashes cloud service prices by up to 40% as price war intensifiesChinese internet giant Tencent Holdings is cutting prices for cloud services by up to 40% from June amid similar moves from rivals that hav...
17 May, 2023, 03.15 PM IST
China's video game makers come in from the cold as crackdown easesBeijing's tough curbs in 2021 laid waste to the once-booming industry, shaving over half of the market value of sector leaders like Tencent...
20 Jan, 2023, 01.32 PM IST
China to import 45 foreign video games, grants multiple licences to TencentAmong the imported online games approved by the National Press and Publication Administration are five to be published by Tencent Holdings ...
28 Dec, 2022, 04.22 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
China's Tencent raises stake in 'Assassin's Creed' maker UbisoftInterest in the maker of the "Assassin's Creed" and "Tom Clancy's" franchises comes as the world's largest games firm by revenue counters s...
07 Sep, 2022, 10.53 AM IST
Tencent reports its first-ever revenue drop as regulations and COVID-19 biteTencent is the world's largest video game company.
17 Aug, 2022, 03.18 PM IST
Tencent shares fall after China tightens rules for young video gamersJefferies analysts said on Monday that they expected to see about a 3% impact to Tencent's earnings from the new rules, assuming gaming con...
31 Aug, 2021, 08.49 AM 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
Down $831 billion, China tech firm selloff may be far from overBeijing’s crackdown on DiDi Global right after its US IPO has put further selling pressure on China’s biggest technology companies, includi...
07 Jul, 2021, 02.07 PM IST
Tencent sued in China over 'inappropriate' content in 'Honor of Kings' gameThe lawsuit coincides with an unprecedented antitrust crackdown by Beijing on some of China's biggest tech companies, which is said to incl...
01 Jun, 2021, 05.56 PM IST
Chinese gaming and social media group Tencent puts $ 63mn in Flipkart's $1.2 bn roundChinese gaming and social media group Tencent has invested $62.8 million in Flipkart's $1.2 billion round, regulatory filings in Singapore ...
16 Sep, 2020, 11.35 PM IST
Tencent cloud may steal the thunder from Google, AWSWhile the company is yet to set a timetable for a formal rollout, it has been scoping out the market for the past few months, initiating pr...
03 Jul, 2018, 07.53 AM IST
China's Tencent backs education technology startup Byju'sByju’s also recently acquired edtech companies TutorVista and Edurite from UK-based publishing major Pearson.
25 Jul, 2017, 04.28 PM IST
Hike raises $175 million from Tencent, Foxconn, othersThe company wants users to spend more time on the app and build more products that engage with users.
16 Aug, 2016, 03.21 PM IST
China’s Baidu, Alibaba & Tencent scouting for Indian startups to invest inThe growing interest in India comes at an opportune time for BAT, with venture capital investors realigning their portfolios as startups ar...
23 Nov, 2015, 06.47 AM IST
China's Tencent buys $448 mn stakes in Sohu's search armSohu, together with its affiliates, still remains the controlling shareholder of Sogou, which will continue to operate as its independent s...
16 Sep, 2013, 09.39 PM IST