Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
14 May, 2026, 06.40 AM IST
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
28 Apr, 2026, 08.12 PM IST
Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
21 Apr, 2026, 09.26 AM IST
Bill Ackman's Pershing Square proposes $64 billion merger deal with Universal Music GroupBill Ackman's Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the...
07 Apr, 2026, 07.48 PM IST
Bill Ackman's Pershing Square proposes $64 billion merger deal with Universal Music GroupBill Ackman's Pershing Square has proposed a deal to merge Universal Music Group with its investment fund. The plan aims to revive the musi...
07 Apr, 2026, 05.01 PM IST
Tencent, NetEase lose $80 billion in m-cap on China's move to curb gaming spendShares in Tencent Holdings, the world's biggest gaming company, tumbled as much as 16% at one point, while those of its closest rival, NetE...
22 Dec, 2023, 05.26 PM IST
Tencent shares slump as Prosus seen to step up sellingThe internet company’s shares dropped 5.2% to HK$357.2 in Hong Kong, the most since late January, after news that Prosus planned to deposit...
13 Apr, 2023, 04.09 PM 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 seeks to raise stake in 'Assassin's Creed' maker Ubisoft, sources sayChina's largest social network and gaming firm, which bought a 5% stake in Ubisoft in 2018, has reached out to the French firm's founding G...
04 Aug, 2022, 04.26 PM IST
Alibaba and Tencent stocks plunge after latest finesIt included five of Alibaba's transactions and 12 of Tencent's. A wide-reaching crackdown on the technology sector has often hit stock pric...
11 Jul, 2022, 01.57 PM IST
Alibaba and Tencent stocks plunge after latest fines by Chinese regulatorsEcommerce giant Alibaba's shares in Hong Kong fell 6.8%, while gaming and social media company Tencent Holdings sank 3.2%. The Hang Seng in...
11 Jul, 2022, 01.10 PM IST
Tencent to give $16.4 billion JD.com stake to shareholders as dividendTencent will distribute $16.37 billion worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce...
23 Dec, 2021, 10.19 AM IST
South Korea's Krafton, maker of hit game 'PUBG', tumbles on debutAnalysts attributed the tumble to an expensive valuation and China regulation risks, with gaming companies facing uncertain prospects after...
10 Aug, 2021, 08.25 AM IST
Market darling Tencent turns into world's worst stock bet with $170 billion wipeoutTencent’s shares rebounded by 7.1% on Thursday morning, tracking broader gains in Chinese stocks after Beijing intensified efforts to allev...
29 Jul, 2021, 02.36 PM IST
Tencent to buy British video game company Sumo in $1.3 billion dealSumo's shareholders will get 513 pence in cash per share, Tencent said. The offer is at 43% premium to the Sumo's last closing price of 358...
19 Jul, 2021, 12.21 PM IST
Prosus to sell 2% stake in Tencent worth $15 billionProsus, majority-owned by Naspers of South Africa, said the sale would lower its stake in Tencent to 28.9% from 30.9%.
07 Apr, 2021, 03.55 PM IST
A company's 60,000% runup leads to one of the biggest VC payoffs everThe stake Naspers bought for just $32 million in 2001, when Tencent was an obscure Web firm in a nation where few people used the Internet,...
23 Mar, 2018, 10.41 AM IST