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Page 3 - Tencent Holdings

Tencent boss meets China antitrust officials as scrutiny widens: Report

Pony Ma, the reticent founder of Tencent Holdings, China's biggest social media and video games company, met with China's antitrust watchdog officials this month to discuss compliance at his group

Tencent boss meets China antitrust officials as scrutiny widens: Report
Updated On : 24 Mar 2021 | 8:45 AM IST

Tencent faces concessions to win green light for giant videogaming merger

Tencent is having to offer concessions in a plan to merge the country's top two videogame live-streaming sites in order to resolve antitrust concerns, people with knowledge of the matters said

Tencent faces concessions to win green light for giant videogaming merger
Updated On : 23 Mar 2021 | 12:11 PM IST

China regulators held talks with Alibaba, Tencent, 9 more on deepfake tech

Chinese regulators summoned 11 domestic technology companies including Alibaba Group, Tencent and ByteDance for talks on use of 'deepfake' on their platforms, stepping up scrutiny of the sector

China regulators held talks with Alibaba, Tencent, 9 more on deepfake tech
Updated On : 18 Mar 2021 | 10:42 AM IST

Tencent loses $62 bn in 2-day rout, wiping out value of fintech business

Like Ant, it will probably be required to establish a financial holdco

Tencent loses $62 bn in 2-day rout, wiping out value of fintech business
Updated On : 15 Mar 2021 | 11:35 PM IST

Pony Ma's Tencent Holdings faces broad China clampdown on fintech, deals

Antitrust regulator fines twelve companies under anti-monopoly law

Pony Ma's Tencent Holdings faces broad China clampdown on fintech, deals
Updated On : 12 Mar 2021 | 10:29 PM IST

PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data

January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020

PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data
Updated On : 19 Feb 2021 | 11:59 PM IST

Tencent exec being probed over links to 'personal' corruption allegations

The move comes amid Beijing's unprecedented crackdown on its home-grown internet platforms

Tencent exec being probed over links to 'personal' corruption allegations
Updated On : 11 Feb 2021 | 3:54 PM IST

Tencent executive held by China over links to corruption case: Report

Tencent's shares fell 1.4% in early trade in Hong Kong on Thursday, while the broader market slipped 0.3%

Tencent executive held by China over links to corruption case: Report
Updated On : 11 Feb 2021 | 9:07 AM IST

Tencent bolsters defenses for core businesses as ByteDance enters its turf

To buttress its core gaming division, the Shenzhen-based company has also stepped up acquisitions and the development of casual games

Tencent bolsters defenses for core businesses as ByteDance enters its turf
Updated On : 09 Feb 2021 | 8:29 AM IST

Tencent fires 100 employees, blacklists 37 firms in anti-graft campaign

Tencent, China's biggest social media and video games company, said in a social media post that it had reported 40 employees to authorities since it started an anti-graft campaign in fourth quarter

Tencent fires 100 employees, blacklists 37 firms in anti-graft campaign
Updated On : 03 Feb 2021 | 9:56 AM IST

Chinese state media celebrates top entrepreneurs, but not Jack Ma

Ma, lionised at home for creating some of his country's largest corporations, didn't make the cut in a Shanghai Securities News front-page commentary lauding the leading lights of technology

Chinese state media celebrates top entrepreneurs, but not Jack Ma
Updated On : 03 Feb 2021 | 1:45 AM IST

China plans on curbing monopoly in online payments may hit Ant, Tencent

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group Co. and its biggest rival Tencent Holdings

China plans on curbing monopoly in online payments may hit Ant, Tencent
Updated On : 21 Jan 2021 | 7:52 AM IST

US considering adding Alibaba, Tencent to China stock ban: Report

The Trump administration is considering adding Alibaba Group Holding and Tencent Holdings to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military

US considering adding Alibaba, Tencent to China stock ban: Report
Updated On : 07 Jan 2021 | 9:16 AM IST

Tencent games removed from Huawei app store over revenue dispute: Report

Tencent sells some of the top-ranked online games worldwide

Tencent games removed from Huawei app store over revenue dispute: Report
Updated On : 01 Jan 2021 | 3:03 PM IST

UMG value $36.8 billion after Tencent Holdings buys further 10% stake

The purchase will bring Tencent's holding in the music group to 20 per cent following a deal last year for a stake at the same valuation

UMG value $36.8 billion after Tencent Holdings buys further 10% stake
Updated On : 19 Dec 2020 | 1:52 AM IST

Alibaba, Tencent pause talks to buy iQIYI stake due to concerns: Report

TikTok owner ByteDance has also internally looked at the possibility of acquiring a controlling stake in iQIYI

Alibaba, Tencent pause talks to buy iQIYI stake due to concerns: Report
Updated On : 28 Nov 2020 | 2:12 AM IST

Tencent to invest in online education startup Udemy at over $3 bn valuation

Investors were also told by Udemy that the company could pursue an initial public offering next year

Tencent to invest in online education startup Udemy at over $3 bn valuation
Updated On : 18 Nov 2020 | 7:20 PM IST

China's clampdown on big tech puts more billionaires like Jack Ma on notice

Wednesday's selloff sent Alibaba shares down 7%, while analysts estimated that Ant's $280 billion valuation could be cut in half due to stricter regulations. Both companies were co-founded by Jack Ma

China's clampdown on big tech puts more billionaires like Jack Ma on notice
Updated On : 11 Nov 2020 | 9:12 AM IST

US appeals court rejects Justice Dept's request for immediate ban on WeChat

The WeChat users said the ruling will avoid an "unprecedented shutdown of a major platform for communications relied on by millions of people in the United States

US appeals court rejects Justice Dept's request for immediate ban on WeChat
Updated On : 27 Oct 2020 | 7:56 AM IST

Tencent, others to buy $516 mn worth shares in China Evergrande New Energy

HONG KONG (Reuters) - China Evergrande New Energy Vehicle Group Ltd <0708.HK> said on Tuesday investors including Tencent Holdings Ltd <0700.HK> and Sequoia Capital will buy HK$4 billion ($516.12 million) worth of company shares in a share sale.

Tencent, others to buy $516 mn worth shares in China Evergrande New Energy
Updated On : 15 Sep 2020 | 8:50 AM IST