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TENCENT STAKE
TIME named him world's most influential 3 times, yet most people don't know Chinese titan Tencent's $63 billion boss - who is Ma Huateng?Ma Huateng, also known as Pony Ma, is the influential co-founder, chairman, and CEO of Tencent, a global tech conglomerate. Despite a low p...
China’s Tencent partners with SEPC and GDAI in India gaming pushChinese tech giant Tencent is boosting India's gaming sector through strategic partnerships with SEPC and GDAI. The company aims to bring w...
US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
Blocking of Meta's AI startup buy raises risk for cross-border China tech dealsChina has blocked Meta's acquisition of AI startup Manus. This move signals increased risk for global investors in advanced tech firms link...
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.
China's DeepSeek releases new AI model a year after viral riseChinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promi...
Waiting for DeepSeek: new model to test China's AI ambitionsDespite reports and rumours about its imminent release, DeepSeek's next-generation "V4" model is nowhere in sight. Speculation is also swir...
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...
Trump administration debates allowing Tencent to keep its gaming stakes: ReportThe White House is reportedly debating whether to let Tencent retain its stakes in major video game companies, including U.S. firm Epic Gam...
Naspers chairman Koos Bekker says company has no plans to sell Tencent stakeThe 26% stake in Tencent, valued at around $100 billion, forms the bulk of the value of both companies.
Tencent shifts focus to majority deals, overseas gaming assets for growth: sourcesTencent told Reuters the company had been investing abroad for a long time - "long before any new regulations" in China. It looks for "inno...
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...
Tencent buys stake worth $264 million in Flipkart from Binny BansalThe transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial ...
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...
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...
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%.