Bill 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 considering investing several hundred million dollars in Paramount’s acquisition of Warner Bros. The Chinese company would act a...

Under 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 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 ...

Interest 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, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out how to execute a potentially lar...

China'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...

The programme would be funded by on-market sales of Tencent's shares held by the two companies, Tencent said.

Tencent will distribute $16.37 billion worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce...

Sumo'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...

The Prosus-Naspers share swap deal will move part of their shareholding in China's Tencent Holdings to Amsterdam in The Netherlands from Jo...

The development comes nearly two years after Tencent led a $115 million funding round in the music streaming service.

Naspers has taken stakes in myriad businesses around the world to try and replicate its success with Tencent, which it backed as a startup ...

Flipkart investors can sell shares to Alibaba only if Tencent is notified of the transaction in detail at least five business days ahead.

Naspers plans to use the capital to scale and consolidate its position in "core ecommerce segments" globally.

Like SoftBank and Naspers, Tencent has been on an acquisition spree, spending some $50 billion on stakes in companies from Flipkart to Ola.

Sohu, together with its affiliates, still remains the controlling shareholder of Sogou, which will continue to operate as its independent s...