Browsing Tag

tencent

44 posts
Tencent

Tencent beats analyst estimates for Q4 2022, but reports drop in annual revenue

China’s Tencent Holdings reported a drop in annual revenue for the first…
Tencent

Tencent says reports of shutting down XR business untrue, says it is making personnel adjustments

Following a media report that it was eliminating roles across its “extended…

Tencent will take its flagship game ‘Honor of Kings’ global once again

The increasing restrictions in the Chinese market have seen Western companies such…

Apple Music will now include Chinese music, courtesy deal with Tencent Music Entertainment

Four years after Tencent and Sweden had entered into an agreement, the…
Tencent

Tencent could put money in Indian audio streaming platform Pocket FM

Despite worsening ties between Indian and Chinese governments, business goes on as…
didi

China’s Didi Chuxing files confidentially for US IPO, valuation could range between $70-$100B

At a time when the Chinese government is cracking down on its…
Tencent

Prosus sold 2% of Tencent stock in largest block trade deal since 2018, nets $14.6Bn: Report

Amsterdam-based Prosus, the international internet division arm of Naspers, pocketed an amount…

Chinese tech giants’ stocks tank amidst crackdown at home and looming threat of US delisting

The relationship between the United States and China has not been quite…
ByteDance

ByteDance sues arch rival Tencent for monopolistic behaviour

TikTok-owner ByteDance announced on Tuesday that it is suing fellow Chinese social…
Alibaba

US mulls adding Alibaba and Tencent to the ban placed on investing in Chinese companies

USA and China have been at each other’s throats for a while…
WeChat

U.S judge rejects Justice Department’s request to remove WeChat from App Stores in the country

U.S. Magistrate judge, Laurel Beeler, rejected a Justice Department request on Friday,…
PUBG

PUBG Corporation terminates partnership with Tencent for ‘PUBG Mobile’ in India

In the light of the recent ban imposed on PlayerUnknown’s Battlegrounds (PUBG)-Mobile…
Tencent

Tencent loses nearly $34Bn in market cap within two days of India’s PUBG ban, second biggest fall this year

It is no hidden secret, that Tencent’s financial fortunes have lately been…
Nintendo

Nintendo and Tencent partner up for a new Pokemon game on the Switch

Nintendo entered the Chinese market, holding the hand of Tencent Holdings Ltd.,…
Tencent

Tencent, Huawei to partner for a cloud gaming platform

As cloud gaming brings an all new era to the largely unchanged…

Doubtnut gets $15 million in a new Tencent-led round for its multi-lingual online learning platform

In yet another display of the tremendous financial faith investors are putting…
qualcomm

Qualcomm partners with Tencent on gaming devices and future gaming projects

In what could possibly turn-out to be a game-changing partnership for the…

Tencent eyes on expansion outside China, launches video streaming service in Thailand

With regulatory restrictions and stagnated growth in its home market China, Tencent…

Byju’s gets ₹80 crore (~$11.3 Mn) from General Atlantic and Tencent

Byju’s money raising spree isn’t ending yet. Just a couple of months…
Swiggy

Swiggy plans aggressive expansion, investments in tech with fresh $1Bn in capital

India’s food tech space is getting it’s biggest capital infusion till date.…