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Page 3 - Tencent

Tencent's WeChat suspends new user registration for security compliance

Shares in Tencent plunged 9.0% in Hong Kong on Tuesday

Tencent's WeChat suspends new user registration for security compliance
Updated On : 27 Jul 2021 | 5:10 PM IST

Chinese regulator orders Tencent to give up exclusive music licensing

Meanwhile, experts believe that this development is another example of Beijing's crackdown on influential IT giants

Chinese regulator orders Tencent to give up exclusive music licensing
Updated On : 25 Jul 2021 | 8:17 PM IST

China fines tech giants for spreading content exploiting children

China's internet watchdog said Wednesday it has fined platforms operated by e-commerce company Alibaba and gaming firm Tencent

China fines tech giants for spreading content exploiting children
Updated On : 21 Jul 2021 | 11:52 PM IST

Tencent acquires UK-based video game firm Sumo Group for $1.27 bn

Chinese conglomerate Tencent has announced to acquire British video game company Sumo Group for $1.27 billion in an all-cash deal.

Tencent acquires UK-based video game firm Sumo Group for $1.27 bn
Updated On : 19 Jul 2021 | 5:03 PM IST

China to order Tencent Music to give up music label exclusivity: Report

Tencent Music, China's equivalent to Spotify Technology SA, had been pursuing exclusive streaming rights with record labels including Universal Music Group, Sony Music Group and Warner Music Group

China to order Tencent Music to give up music label exclusivity: Report
Updated On : 12 Jul 2021 | 10:30 PM IST

Chinese regulator halts Tencent-backed Huya-Douyu game-streaming merger

China's market regulator on Saturday blocked the merger of Tencent-backed game streaming platforms Douyu and Huya following an anti-monopoly investigation, as authorities ramp up scrutiny

Chinese regulator halts Tencent-backed Huya-Douyu game-streaming merger
Updated On : 10 Jul 2021 | 10:24 AM IST

China fines internet giants Alibaba, Tencent in anti-monopoly cases

This is new move to tighten control over their fast-developing industries.

China fines internet giants Alibaba, Tencent in anti-monopoly cases
Updated On : 08 Jul 2021 | 1:21 AM IST

Tencent sued over 'inappropriate' content in Honor of Kings game

Beijing Teenagers Law Aid And Research Center said it filed the lawsuit in a Beijing court on Tuesday, to mark the implementation of an amended protection of minors law

Tencent sued over 'inappropriate' content in Honor of Kings game
Updated On : 01 Jun 2021 | 4:39 PM IST

Tencent raises $4.2 billion in its second major bond deal in a year

Asia's most valuable company said in a statement it raised $500 million in a 10-year tranche, $900 million in 20-year debt, $1.75 billion in 30 year and $1 billion in 40-year debt

Tencent raises $4.2 billion in its second major bond deal in a year
Updated On : 16 Apr 2021 | 1:11 PM IST

China's Tencent Holdings plans to raise $4 bn in bond deal: Details here

Tencent raised $6 billion in May last year and issued 40-year debt for the first time

China's Tencent Holdings plans to raise $4 bn in bond deal: Details here
Updated On : 15 Apr 2021 | 9:31 AM IST

TikTok founder's $60 bn fortune places him among the world's richest people

38-year-old Zhang Yiming, is among the world's richest people -- a distinction that lately has carried increased risks in China

TikTok founder's $60 bn fortune places him among the world's richest people
Updated On : 15 Apr 2021 | 1:56 AM IST

Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators

Beijing-headquartered Waterdrop distributes insurance policies online and provides illness crowd-funding

Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators
Updated On : 13 Apr 2021 | 8:56 AM IST

Tencent raises $8.3 billion with its biggest offshore syndicated loan

The deal comes amid a flurry of debt financings by tech giants, with Alibaba Group Holding Ltd. issuing $5 billion of bonds in early February

Tencent raises $8.3 billion with its biggest offshore syndicated loan
Updated On : 20 Feb 2021 | 2:11 AM IST

Tencent executive held by China over links to corruption case: Report

Tencent's shares fell 1.4% in early trade in Hong Kong on Thursday, while the broader market slipped 0.3%

Tencent executive held by China over links to corruption case: Report
Updated On : 11 Feb 2021 | 9:07 AM IST

Tencent bolsters defenses for core businesses as ByteDance enters its turf

To buttress its core gaming division, the Shenzhen-based company has also stepped up acquisitions and the development of casual games

Tencent bolsters defenses for core businesses as ByteDance enters its turf
Updated On : 09 Feb 2021 | 8:29 AM IST

Tencent fires 100 employees, blacklists 37 firms in anti-graft campaign

Tencent, China's biggest social media and video games company, said in a social media post that it had reported 40 employees to authorities since it started an anti-graft campaign in fourth quarter

Tencent fires 100 employees, blacklists 37 firms in anti-graft campaign
Updated On : 03 Feb 2021 | 9:56 AM IST

China plans online payment rules that may hit Ant Group, Tencent

The rules present the strongest and most detailed message yet of regulators' plans to curb monopolistic practices in the online payments industry

China plans online payment rules that may hit Ant Group, Tencent
Updated On : 21 Jan 2021 | 2:38 AM IST

Trump admin shelves planned investment ban on Alibaba, Tencent, Baidu

Senior officials in the administration had been considering plans to add the firms to a list of alleged Chinese military companies, which would have subjected them to a new US investment ban

Trump admin shelves planned investment ban on Alibaba, Tencent, Baidu
Updated On : 14 Jan 2021 | 1:39 AM IST

Antitrust laws: China fines Alibaba, Tencent for failing to report deals

The State Administration of Market Regulation said in a statement that it had taken the decision after reviewing deals the firms were involved in

Antitrust laws: China fines Alibaba, Tencent for failing to report deals
Updated On : 14 Dec 2020 | 11:28 AM IST

Tencent Games ends all services, access for Pubg mobile users in India

Chinese company Tencent Games on Friday said it is terminating all services and access for Pubg Mobile users in India to comply with the government order last month

Tencent Games ends all services, access for Pubg mobile users in India
Updated On : 30 Oct 2020 | 4:03 PM IST