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Page 4 - Tencent Holdings

At $200-billion market capitalisation, Reliance Industries isn't like FAANG

Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the $200-billion milestone

At $200-billion market capitalisation, Reliance Industries isn't like FAANG
Updated On : 13 Sep 2020 | 7:52 PM IST

Extra life? PUBG Mobile sheds China link to reach Indian gaming fans

South Korean company said it respected the measures taken by the govt as the privacy and security of player data was a top priority for the firm

Extra life? PUBG Mobile sheds China link to reach Indian gaming fans
Updated On : 09 Sep 2020 | 1:47 AM IST

PUBG ban to upset Tencent's 'chicken dinner' in India

With over 175 million estimated downloads, India accounts for around 25 per cent of PUBG's global subscriber base

PUBG ban to upset Tencent's 'chicken dinner' in India
Updated On : 05 Sep 2020 | 1:39 AM IST

Tencent shares fall over 2% after India bans PUBG game, other mobile apps

The stock traded 2.2 per cent lower at HKUS$533 in the afternoon, on track to snap two straight sessions of gain

Tencent shares fall over 2% after India bans PUBG game, other mobile apps
Updated On : 03 Sep 2020 | 12:46 PM IST

Ant Group's $30-billion IPO sets up Jack Ma for a battle with Tencent

China's two largest corporations Alibaba and Tencent are wrestling for online leadership in everything from social entertainment to e-commerce and cloud computing

Ant Group's $30-billion IPO sets up Jack Ma for a battle with Tencent
Updated On : 03 Sep 2020 | 8:53 AM IST

Jack Ma's Ant Financial plans dual IPO, targets $225 bn valuation: Report

The share sales could raise about $30 billion in total if markets are favorable, said one of the people

Jack Ma's Ant Financial plans dual IPO, targets $225 bn valuation: Report
Updated On : 21 Aug 2020 | 9:48 AM IST

US executive order only affects WeChat, not other businesses, says Tencent

He added that the firm's WeChat app that is being targeted in the US was different from Weixin, the Chinese name its app is known by in China

US executive order only affects WeChat, not other businesses, says Tencent
Updated On : 12 Aug 2020 | 7:32 PM IST

Tencent Holdings second-quarter profit beats as games outperform

Chinese gaming and social media giant Tencent Holdings Ltd said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games

Tencent Holdings second-quarter profit beats as games outperform
Updated On : 12 Aug 2020 | 3:58 PM IST

Tencent Holdings shares lose $66 billion in 2-day rout on WeChat ban

The stock fell 4.8 per cent Monday and nearly reached Friday's low

Tencent Holdings shares lose $66 billion in 2-day rout on WeChat ban
Updated On : 11 Aug 2020 | 12:55 AM IST

Tencent driving talks to create $10 billion streaming giant in China

The Chinese social media titan -- which owns a 37 per cent stake in Huya and 38 per cent of DouYu -- has been discussing such a merger with the duo over the past few months

Tencent driving talks to create $10 billion streaming giant in China
Updated On : 06 Aug 2020 | 1:10 AM IST

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report

Ant is planning to list on Shanghai's STAR market & Hong Kong

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report
Updated On : 21 Jul 2020 | 1:31 AM IST

In cloud clash with Alibaba, underdog Tencent adopts aggressive tactics

Tencent began to display a new level of aggressiveness after positioning its cloud business as a major area of growth in September 2018, and that has only amped up amid the pandemic, employees say

In cloud clash with Alibaba, underdog Tencent adopts aggressive tactics
Updated On : 03 Jul 2020 | 11:01 AM IST

Udaan set to fly on recovery path as post-Covid world looks promising

The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn

Udaan set to fly on recovery path as post-Covid world looks promising
Updated On : 09 Jun 2020 | 2:49 AM IST

Tencent Holdings in talks to invest $200 million in Warner Music: Report

Warner Music is also working to line up institutions that, along with Tencent, would serve as anchor investors contributing a total of more than $1 billion toward a fundraising goal

Tencent Holdings in talks to invest $200 million in Warner Music: Report
Updated On : 30 May 2020 | 2:54 PM IST

Tencent raises $6 billion in largest debt deal by Asian corporate in 2020

The deal was finalised early on Thursday in which Tencent raised $1 billion in five-year debt

Tencent raises $6 billion in largest debt deal by Asian corporate in 2020
Updated On : 28 May 2020 | 9:44 AM IST

Coronavirus outbreak: Tencent employees asked to work from home till Feb 21

China has blocked a plan by Apple Inc supplier Foxconn Technology Co Ltd to resume production in China

Coronavirus outbreak: Tencent employees asked to work from home till Feb 21
Updated On : 09 Feb 2020 | 10:05 AM IST

ByteDance readying assault on Tencent Holdings' mobile gaming kingdom

The world's most valuable start-up has rapidly built a full-fledged gaming division to spearhead its maiden foray into hardcore or non-casual games

ByteDance readying assault on Tencent Holdings' mobile gaming kingdom
Updated On : 20 Jan 2020 | 9:31 PM IST

Tencent gets into global groove with 10% stake in Vivendi's Universal

The initial deal would soon be followed by a second one allowing Tencent Music Entertainment to buy a minority stake in UMG's greater China subsidiary.

Tencent gets into global groove with 10% stake in Vivendi's Universal
Updated On : 01 Jan 2020 | 2:24 AM IST

When Walmart got a $10 billion Phone Pe surprise after buying Flipkart

PhonePe has grown into one of India's leading digital payments companies

When Walmart got a $10 billion Phone Pe surprise after buying Flipkart
Updated On : 10 Jul 2019 | 6:49 AM IST

Tencent plans $5 billion bond sale for refinancing, corporate purposes

Tencent last tapped the bond market in January last year, raising $5 billion

Tencent plans $5 billion bond sale for refinancing, corporate purposes
Updated On : 03 Apr 2019 | 10:16 AM IST