Page 2 - Tencent Holdings

China tech watchdog warns internet firms against blocking rivals

The government has accused a handful of companies of employing blocking and other methods to protect their respective spheres

China tells Alibaba, Tencent to open platforms up to each other: Report

China's industry ministry has told technology companies including Alibaba Group Ltd and Tencent Holdings Ltd to stop blocking each other's website links from their platforms: report

China tech shares rebound on easing investor worry over gaming

The Hang Seng Tech Index advanced 2.9% on Friday, pushing the index up a third straight week.

China tells gaming firms Tencent, Netease to end 'solitary' focus on profit

Tencent, the country's largest gaming company, dived as much as 6.7%, on track for its biggest fall since July, while smaller rival Netease fell as much as 7.7%.

China slashes kids' online gaming time to just three hours a week

The escalating restrictions on Tencent's biggest business are likely to spook investors that had cautiously returned to Chinese stocks in recent days

China expands power in cyberspace with new rules on digital platforms

TSMC overtakes Tencent to become Asia's most valuable company; Alibaba at record low in HK

Tencent Holdings beats estimates with gaming and advertising uplift

Robust demand for games such as "Honor of Kings" and "PUBG mobile" offset a decrease in revenues from its battle royale title "Peacekeeper Elite"

Tencent boss Pony Ma loses $14 billion in crackdown, more than Jack Ma

While Pony has long had a reputation for staying out of the limelight, that hasn't shielded his company from penalties including antitrust fines and the loss of exclusive music streaming rights

China's Tencent shares dive post 'spiritual opium' critique of online games

Tencent joined rivals NetEase Inc. and XD Inc. in a steep selloff after an outlet run by the Xinhua News Agency published a blistering critique of their industry.

Tencent becomes world's worst stock bet with $170 billion wipeout

The firm is one of the key casualties of an official campaign that targets tech behemoths considered a potential threat to China's data security.

China govt targets mobile pop-ups in latest crackdown on tech sector

Pop-ups, often used for advertising, are just the latest targets in a series of government crackdowns that have ranged from antitrust to data security

Didi Global saga shows China's tech behemoths must first answer to Beijing

Didi is by most measures an appealing success story. The firm controls almost the entire ride-hailing market in China, and counts SoftBank Group Corp. and Tencent Holdings Ltd. as major shareholders

Tencent raises $4.2 billion in its second major bond deal in a year

Asia's most valuable company said in a statement it raised $500 million in a 10-year tranche, $900 million in 20-year debt, $1.75 billion in 30 year and $1 billion in 40-year debt

China's Tencent Holdings plans to raise $4 bn in bond deal: Details here

Tencent raised $6 billion in May last year and issued 40-year debt for the first time

Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators

Beijing-headquartered Waterdrop distributes insurance policies online and provides illness crowd-funding

China set to clear Tencent's $3.5 bn deal to acquire search engine Sogou

The move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict conditions

Tencent's Timi gaming studio generated $10 billion in 2020: Report

The $10 billion would make Timi the world's largest developer, the sources say, which many industry watchers had suspected to be the case

China's Tencent reports 28% revenue growth in 2020 at $74 billion

Chinese Internet giant Tencent has reported a 28 per cent year-on-year growth in revenue for 2020, raking in around 482 billion yuan (about $73.9 billion)

Tencent Holdings profit beats expectations even with tech crackdown

Regulators are said to be considering forcing the firm to overhaul its promising fintech division in a similar fashion to Jack Ma's Ant Group Co

Tencent's quarterly profit jumps 175%, above Wall Street forecast

Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in quarterly profit