Page 4 - Tencent Holdings

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

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

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

Tencent sells some of the top-ranked online games worldwide

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

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

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

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

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

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.

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

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

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

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

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

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

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

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 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 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

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