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tencent

prosus will sell tencent shares
News

Prosus will sell Tencent shares to fund buyback plan

June 27, 2022 News Centre 0

Tech investor Prosus will tap its huge stake in Tencent to fund a stock buyback in itself and parent Naspers. Tencent approves the move. Read more…

Tencent forms debt deal metaverse extended reality unit
News

Tencent forms extended reality unit in metaverse leap

June 21, 2022 News Centre 0

Tencent announced to its staff the official formation of an extended reality (XR) unit, formally placing its bets on the metaverse. Read more…

tencent invests in flipkart
News

Tencent subsidiary buys a stake in Flipkart worth $264 million

June 14, 2022 Staff Writer 0

Amid the ongoing scrutiny of Chinese companies, Tencent has acquired a stake worth $264 million in Indian e-commerce major Flipkart. Read more…

tencent tells
News

Tencent tells staff not to expect a pay raise with future promotions

June 1, 2022 News Centre 0

Tencent tells staff it will no longer guarantee them a pay raise upon promotion as it reviews its salary policy amid a cost-cutting drive. Read more…

tencent says
News

Tencent says it will shut down Penguin Esports unit by June

April 7, 2022 News Centre 0

Tencent says it will shut down its Penguin Esports unit by early-June, as it streamlines its businesses following a regulatory crackdown. Read more…

tencent tells
News

Tencent trims stake in Shopee owner Sea with $3 billion selloff

January 5, 2022 News Centre 0

Tencent reduces its stake in Sea to 18.7% from 21.3%, but plans to retain the substantial majority of its stake for the long term. Read more…

China's Ant Group
News

China’s Ant Group gets added to the list of US ‘threats’

October 9, 2020 News Centre 0

The US is considering restrictions on China’s Ant Group over concerns their digital payment platforms threaten national security. Read more…

Tencent WeChat
News

Tencent investors and WeChat users seek clarity and plan over US ban

August 12, 2020 News Centre 0

China’s Tencent Holdings will be under pressure to address concerns on the impact of a U.S. ban on WeChat-related transactions Read more…

Tencent games
News

Tencent exploits global games spike, targets Russia, Middle East

April 17, 2020 News Centre 0

China’s Tencent will launch its ‘Arena of Valor’ mobile game in Russia and the Middle East, capitalising on a global spike in online gaming. Read more…

Tencent
News

Tencent reports drop in profit – weak games and advertising

November 14, 2019 News Centre 0

Tencent Holdings Ltd reported a surprise 13% drop in quarterly profit, hurt by falls in core smartphone games business and in media advertising. Read more…

content dominance
News

NBA fans in China ask for refunds after Tencent stops streaming

October 10, 2019 News Centre 0

NBA fans in China have asked for streaming subscription refunds from exclusive service provider Tencent amid a deepening free speech row. Read more…

Tencent
Features

Tencent: good results, warns of tough times ahead

August 16, 2019 News Centre 0

Tencent Holdings, the world’s largest gaming company by revenue, warned on Wednesday of a difficult economic environment Read more…

tencent games
News

Tencent launches first overseas video streaming in Thailand

June 17, 2019 News Centre 0

Chinese tech giant Tencent Holdings Ltd launched its first overseas video streaming service in Thailand on Friday, as it ramps up its presence outside China. Read more…

News

Tencent charging for more content drives up profit

May 15, 2019 News Centre 0

China’s Tencent Music Entertainment Group said it had started charging for more of its pay-for-streaming services helped drive up profit above expectations. Read more…

News

Tencent wins approval to sell Nintendo Switch in China

April 19, 2019 News Centre 0

China’s Tencent has won a key approval to start selling the Nintendo Switch in the country Read more…

tencent honour of kings
News

Tencent profit declines sharply, warns of slower game launches

March 22, 2019 News Centre 0

Tencent Holdings reports sharp drop in profit, hit by China’s regulatory review of new games and one-off charges, and warned of slower video game launches. Read more…

News

Tencent considering bid for Korean gaming company Nexon

January 21, 2019 News Centre 0

Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon Read more…

News

Tencent Music Entertainment looking to raise billions in IPO

December 4, 2018 News Centre 0

HONG KONG/NEW YORK (Reuters) – Tencent Music Entertainment launched its hotly-anticipated U.S. initial public offering (IPO) of up to $1.2 billion on Monday after global stock markets were boosted by a truce brokered by U.S. Read more…

Line corp Tencent Mizuho
News

Line lands separate FinTech deals with Mizuho and Tencent

November 28, 2018 News Centre 0

TOKYO (Reuters) – Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group and also partner China’s Tencent to offer mobile payment services – plans which saw its stock rise Read more…

tencent line payments
News

Tencent and Line team up on mobile payments: report

November 27, 2018 News Centre 0

TOKYO (Reuters) – Tencent Holdings and Japanese chat app operator Line Corp will tie up to offer mobile payment services for small Japanese retailers aiming to attract business from Chinese tourists, the Nikkei business daily Read more…

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