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Page 5 - Tencent Holdings

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

Tencent Holdings-Hillhouse joint venture eyes China's offshore trillions

A weakening yuan amid escalating global trade tensions and domestic credit tightening is likely to spur Chinese interest in diversifying holdings outside the country

Tencent Holdings-Hillhouse joint venture eyes China's offshore trillions
Updated On : 17 Sep 2018 | 7:18 AM IST

Tencent loses $20 bn in value after China attacks myopia with gaming curbs

China's Ministry of Education, in a notice late on Thursday, directed the publishing regulator to limit the number of new online video games

Tencent loses $20 bn in value after China attacks myopia with gaming curbs
Updated On : 01 Sep 2018 | 2:19 AM IST

Tencent Holdings records surprise drop in profit on game approval freeze

After soaring into the ranks of the world's biggest companies, Tencent has lost more than $150 billion of market value as the company was unable to monetise new games

Tencent Holdings records surprise drop in profit on game approval freeze
Updated On : 15 Aug 2018 | 9:19 PM IST

Tencent Holdings plans spinoff, US listing of online music business

Its music platforms - QQ Music, KuGou and Kuwo -are becoming important vehicles for pop stars such as Katy Perry and Rihanna to reach a Chinese audience

Tencent Holdings plans spinoff, US listing of online music business
Updated On : 09 Jul 2018 | 2:46 AM IST

Tencent-led consortium to invest $5.4 bn in Wanda Commercial Properties

The investment in China's largest mall operator marks Tencent's latest foray into old-school retail

Tencent-led consortium to invest $5.4 bn in Wanda Commercial Properties
Updated On : 29 Jan 2018 | 9:03 PM IST

Tencent to buy stake in Chinese supermarket chain

China's largest internet corporation is acquiring about 5 per cent of Yonghui from existing shareholders at 8.81 yuan apiece

Tencent to buy stake in Chinese supermarket chain
Updated On : 18 Dec 2017 | 1:01 AM IST

Tencent reinforces India's consumer internet story

It also led a $1.5-billion funding round in Flipkart in April 2017

Tencent reinforces India's consumer internet story
Updated On : 04 Aug 2017 | 8:57 PM IST

Tencent becomes 10th biggest company

The Chinese internet titan has overtaken Wells Fargo by market value

Tencent becomes 10th biggest company
Updated On : 07 Apr 2017 | 2:13 AM IST

Inside the shark-eats-shark culture of China's biggest tech giant

Tencent Holdings Ltd's ubiquitous WeChat service emerged after founder Ma Huateng encouraged employees to compete against each other to create a mobile messaging business

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Updated On : 15 Sep 2016 | 12:53 AM IST