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TENCENT SHAREHOLDER
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...