DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
06 May, 2026, 08.52 PM IST
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
29 Apr, 2026, 11.05 AM IST
Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
28 Apr, 2026, 05.31 PM IST
Tencent Music eyes podcast startup Ximalaya for $2.4 billionTencent Music Entertainment Group is planning to buy podcasting startup Ximalaya Inc for $2.4 billion in a bid to become China's answer to ...
25 Apr, 2025, 06.05 PM IST
Apple in talks with Tencent, ByteDance to roll out AI features in China, sources sayChatGPT is not available in China and the country's regulatory requirements mandate that generative AI services obtain government approval ...
19 Dec, 2024, 11.05 AM IST
China's Tencent posts weak revenue growth, plans to double buybacksChina's Tencent Holdings posted a weaker-than-expected 7% rise in fourth-quarter revenue on Wednesday as its gaming revenue shrank, and sai...
20 Mar, 2024, 07.04 PM IST
China's Tencent posts weak revenue growth, plans to double buybacksTencent Holdings' Q4 revenue rose by 7%, below analysts' expectations due to China's economic slowdown. The company plans to double its sha...
20 Mar, 2024, 02.44 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
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...
16 Aug, 2022, 12.09 PM 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
Tencent Music says facing increased China scrutiny, is committed to laws"In recent months, we have received increased regulatory scrutiny from relevant authorities, and have been actively co-operating and commun...
18 May, 2021, 10.37 AM IST
China set to clear $3.5 billion Tencent-Sogou deal, but conditions applyChina's antitrust regulator has no objection to the $3.5 billion deal for the 60% of US-listed Sogou that Tencent doesn't already own, as l...
09 Apr, 2021, 09.10 PM IST
Tencent's $220 billion rout is breaking all kinds of recordsNot only has the Chinese Internet giant lost more market value than any other company worldwide this year, its 38% drop from a closing high...
09 Oct, 2018, 11.29 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