On-demand bike rental startup Mobike raises $600 million to expand worldwide

Mobike, one of the fastest growing on-demand bike rental service provider, has…

Flipkart plans to debut its own standalone WeChat imitation by end of 2017

Tencent’s WeChat has become a super app in tech industry. The app…

Tencent invests $90 million in US based game studio Pocket Gems

Tencent has made yet another significant investment, this time in game studio…

Airwallex to expand its services to Europe through $13Mn funding led by Tencent

Airwallex, a cross-border payments startup based in Australia, has managed to rake…

Tencent could soon open a new AI research center in Seattle

Tencent could soon open a new AI research center in Seattle. The…

Mobike and Tencent join hands to enable Chinese users to lease bikes directly from WeChat

To further bank upon the growing popularity of bike-hailing startups in China,…

Chinese tech giant Tencent picks up 5 percent stake in Tesla

Tesla’s coffers are further being flooded with surplus capital, courtesy of the…

Didi Chuxing might be ruminating over a $6 Billion, Softbank-led investment

Didi Chuxing may be planning to raise some money soon. As per…

Tong Zhang, head of Baidu’s Big Data Lab is joining Tencent to lead its AI Lab

Companies are doubling down upon Artificial Intelligence. As well they should. After…

Tencent releases financial results for 2016, remains top buy despite slightly missing expectations

Chinese Internet behemoth Tenent has had another good year. The company has…

Tencent leads $350Mn investment in Chinese photo-sharing, live broadcasting app Kuaishou

One of the hottest photo-sharing and live video broadcasting apps of China,…

Flipkart nearing closure of $1.5 billion funding round, led by eBay and Tencent: Report

A couple of high-profile investors are planning to finally grant Flipkart’s one…

Practo gets a $55 Mn Series D infusion from Tencent and existing investors

Practo, the most funded startup in the health tech domain globally, is…

Tencent launches ‘mini programs’ for WeChat, which feel like real applications

China’s most used Internet portal, Tencent, has made a go in the…

Tencent reports profits driven by games and advertising

Chinese tech behemoth, Tencent, best known for its blockbuster messaging app WeChat, has reported…

To partly fund Supercell acquisition, Tencent secures $850 million from a cohort of investors

In June, Chinese investment holding firm Tencent Holdings announced that it will takeover the…

Tencent to buy majority stake from Softbank in ‘Clash of Clans’ developer Supercell : WSJ

Supercell, the developer of the insanely popular MMO strategy video game ‘Clash…