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
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
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
The deal was finalised early on Thursday in which Tencent raised $1 billion in five-year debt
China has blocked a plan by Apple Inc supplier Foxconn Technology Co Ltd to resume production in China
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
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.
PhonePe has grown into one of India's leading digital payments companies
Tencent last tapped the bond market in January last year, raising $5 billion
A weakening yuan amid escalating global trade tensions and domestic credit tightening is likely to spur Chinese interest in diversifying holdings outside the country
China's Ministry of Education, in a notice late on Thursday, directed the publishing regulator to limit the number of new online video games
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
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
The investment in China's largest mall operator marks Tencent's latest foray into old-school retail
China's largest internet corporation is acquiring about 5 per cent of Yonghui from existing shareholders at 8.81 yuan apiece
It also led a $1.5-billion funding round in Flipkart in April 2017
The Chinese internet titan has overtaken Wells Fargo by market value
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