The rules present the strongest and most detailed message yet of regulators' plans to curb monopolistic practices in the online payments industry
Senior officials in the administration had been considering plans to add the firms to a list of alleged Chinese military companies, which would have subjected them to a new US investment ban
The State Administration of Market Regulation said in a statement that it had taken the decision after reviewing deals the firms were involved in
Chinese company Tencent Games on Friday said it is terminating all services and access for Pubg Mobile users in India to comply with the government order last month
PUBG, a popular online multiplayer battle game, was among 118 Chinese-origin mobile applications banned by New Delhi earlier this month
Experts say, the dominance of the US investors will probably grow in the coming decade, including in filling the gap created by the withdrawal of Chinese investors
As escalating violence on its border with China draws India closer to the US, globally-minded Chinese firms need neutral addresses to avoid becoming collateral damage
GCV compiles its annual Powerlist of the top 100 heads of corporate venturing units out of more than 2,000 venturing companies globally
"Our calculations based on available data indicate that Tencent holds a stake in the range of 4 - 5.3 per cent," said Paper.vc
Tencent will develop a full-scale comprehensive hub in Singapore that will house its international game publishing business
The development comes a week after India banned 118 apps, including the popular multiplayer game PUBG MOBILE
Beijing has added 23 technologies to its list of regulated exports; move could affect start-ups that have IP co-creation as part of investment deal with Chinese VC investors, say experts
Venture capital fund Sequoia Capital India is the top backer of unicorns, or firms which have attained a valuation of over USD 1 billion, a report said on Wednesday.
Tencent a shareholder in Indian gaming venture
Private sector lenders Axis Bank, HDFC Bank, IndusInd Bank, and ICICI Bank are among the top six most-tracked, with at least 56 analysts giving their views on their stocks
By opting for a ban, the US has prioritised optics over sound policymaking, with costs to America that are all too predictable
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
Ambani dropped enough hints that last year's plan to sell 20 per cent of his mainstay oils-to-chemicals business to Saudi Aramco was now unlikely
The order came after the government this week banned several Chinese apps including ByteDance's TikTok, Alibaba's UC News and Tencent's WeChat citing "threat to sovereignty and integrity.
GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.