Tencent Holdings
The Latest
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Sea Limited Aims To Raise $6.3 Billion Through Equity Sale
Sea Limited plans to offer up to 11 million shares, worth an estimated $3.8 billion, and another $2.5 billion of equity-linked debt. Sea Limited plans to offer up to 11 million shares, worth an estimated $3.8 billion, and another $2.5 billion of equity-linked debt. -
China Imposes Maximum Competition Penalties On Two Of Its Most Valuable Edtech Companies
The fines are related to the recent crackdown on after-school tutoring institutions. The fines are related to the recent crackdown on after-school tutoring institutions. -
Tencent's Record Lunar New Year Bonuses A Big Surprise For Workers
The reward was "an all-of-sudden surprise," said Tencent employees. The reward was "an all-of-sudden surprise," said Tencent employees. -
Supercell Ordered To Pay Japan's Gree $8.5 Million In Royalties
Supercell develops free games but at the same time offers users virtual items and upgrades for money. Supercell develops free games but at the same time offers users virtual items and upgrades for money. -
Fin-Tech Company Ant Group Says Its Alipay Is Unique, Not Like Tencent’s WeChat Pay.
Alipay has 711 million monthly active users and more than 80 million merchants and more than 50 financial institution partners. Alipay has 711 million monthly active users and more than 80 million merchants and more than 50 financial institution partners. -
Tencent Acquires Assets And Tech Of Malaysian Competitor iFlix
The acquisition could move Tencent closer to creating a global video streaming service that would rival Netflix in Asia. The acquisition could move Tencent closer to creating a global video streaming service that would rival Netflix in Asia. -
Tencent Reports Better-Than-Expected Q1 Results Amid Gaming Boom
Tencent reported a 6 percent increase in net profits for the first quarter to 28.9 billion yuan, mainly propped up by the increase in online and gaming activities amid the pandemic. Tencent reported a 6 percent increase in net profits for the first quarter to 28.9 billion yuan, mainly propped up by the increase in online and gaming activities amid the pandemic. -
$490-Billion Tencent Holdings Invests In Over 800 Tech Companies
Chinese tech giant also has stakes in Pinduoduo, Meituan Dianping, Supercell and Riot Games. Chinese tech giant also has stakes in Pinduoduo, Meituan Dianping, Supercell and Riot Games. -
Analysts Caught Off Guard By Continued Rally Of Tencent Shares
Tencent's stock prices continued to climb this week to a high of HK$413 per share, its highest level since 2018. Tencent's stock prices continued to climb this week to a high of HK$413 per share, its highest level since 2018. -
Tencent Vows To Step Up Global Expansion After Earnings Miss
Tencent announced that it will be expanding its efforts to grow its already massive video game empire to boost its bottom line. Tencent announced that it will be expanding its efforts to grow its already massive video game empire to boost its bottom line.