Page 5 - Tencent
E-commerce platform Udaan raises $585 mn from Tencent, Footpath Ventures
Udaan said it enables small manufacturers, farmers, mills, and brands to sell their products across the country at low costs, with 100 per cent payment security and transparency
 "E-commerce platform Udaan raises $585 mn from Tencent, Footpath Ventures")
China's Alibaba, Tencent bid for comeback after $140-bn trade war wipeout
Alibaba and Tencent's businesses are largely domestic, having little to do with the US or trade
 "China's Alibaba, Tencent bid for comeback after $140-bn trade war wipeout")
Tencent Music says paying subscribers drove up profits in first quarter
Tencent Music expects its decision to shift more music behind a paywall, including music from popular Taiwanese singer Jay Chou, to bring in more revenues
 "Tencent Music says paying subscribers drove up profits in first quarter")
Tencent targets 10% job cuts to make room for younger executives
The move comes as Tencent climbs out of one of its deepest troughs
The billionaire who quit Tencent to pledge his money to teachers
In Hong Kong on Saturday he announced this year's recipients of the Yidan Prize, a HK$60 million ($7.6 million) annual award
 "The billionaire who quit Tencent to pledge his money to teachers")
Tencent buys 12% stake in Snap
Snapchat developer said Tencent bought 145.8 million non-voting shares in the company
 "Tencent buys 12% stake in Snap")
WeChat maker Tencent opens artificial intelligence lab in US
The US facility complements Tencent's first AI lab in its hometown, Shenzhen, reports Tech In Asia
With Flipkart deal, Tencent pads up for bigger bets in India
After treading cautiously, the Chinese social media giant is warming up for bigger bets
 "With Flipkart deal, Tencent pads up for bigger bets in India")
Tencent apologises for sexually graphic game at annual party
Video showed female staff trying to prise open bottles tucked between men's legs - with their mouths