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Where Zepto stands in q-comm; H-1B relief kicks inHappy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning D...- 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.
- 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...
- 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...
- Tencent is said to be back on Paramount-Warner Bros deal with fresh fundingTencent is considering investing several hundred million dollars in Paramount’s acquisition of Warner Bros. The Chinese company would act a...
- PhonePe says it is fully compliant with Press Note 3: MoS Finance Pankaj ChaudharyUnder PN3, all FDI proposals from entities based in a country that shares a land border with India or where the beneficial owner of such FD...
- Tencent offloads 2% stake in PB Fintech for Rs 562 croreTencent sold the shares for Rs 596.6 a piece, roughly 39% below PB Fintech’s IPO price of Rs 980. As per the latest transaction, Tencent's ...
- 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...
- Tencent plans to divest $24 billion Meituan stake: sourcesTencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out how to execute a potentially lar...
- 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...
- Naspers, Prosus to sell Tencent shares to fund buybacksThe programme would be funded by on-market sales of Tencent's shares held by the two companies, Tencent said.
- 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...
- 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...
- Prosus plans to raise stake in parent Naspers to 50% in share swap dealThe Prosus-Naspers share swap deal will move part of their shareholding in China's Tencent Holdings to Amsterdam in The Netherlands from Jo...
- Music streaming app Gaana raises Rs 375 crore in debtThe development comes nearly two years after Tencent led a $115 million funding round in the music streaming service.
- Naspers to bet on machine learningNaspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup ...
- Tencent’s consent key to future Flipkart share saleFlipkart investors can sell shares to Alibaba only if Tencent is notified of the transaction in detail at least five business days ahead.
- Naspers hits the market with $10 bn from Tencent stake saleNaspers plans to use the capital to scale and consolidate its position in "core ecommerce segments" globally.
- 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.
- 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...
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