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Ola to get ammunition to counter rising Uber; may get $400 million investment from Tencent

As per various reports, if Ola gets the investment from Tencent, the former will then have more…

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SoftBank, Naspers, and Warren Buffett's Berkshire Hathaway are cutting their iconic bets on Chinese tech stocks

Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearl…

Theron Mohamed   


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Tencent's Ma Huateng replaces Jack Ma as China's richest person

Before co-founding Tencent in 1998, Pony led research and development for the internet paging …

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Dakin Campbell,Bradley Saacks   


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SoftBank has agreed to sell its entire 21% stake in Flipkart to Walmart

According to reports, SoftBank was considering not selling the Flipkart shares due to many opt…

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Tencent joins Softbank as investor in one of India’s largest online insurance selling platform⁠ Policybazaar.com as Tiger Global sells part stake

Chinese investment giant Tencent has bought a 10% stake in one of India’s largest online insurance …

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Tencent is reportedly in talks to buy the company behind 'Clash of Clans' at a '$9 billion' valuation

A deal between Tencent and Supercell will see the gaming company's valuation rise, according to Blo…

James Cook   


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GOLDMAN SACHS: Chinese tech giants are dominating North America in VC funding for the first time, and it could be the start of an unprecedented boom

"While corporate venture capital has been a major driver of growth in venture as an asset class glo…

Ethel Jiang   


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UK startup fintech TrueLayer just won funding from China's Tencent and Singaporean wealth fund Temasek

The $35 million in funding comes from Chinese financial giant Tencent and Singaporean sovereign wea…

Callum Burroughs,Callum Burro…   


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Flipkart bags huge investment from SoftBank Vision Fund; it has over $4 billion in cash now

Flipkart has also raised capital from three other companies - Tencent, eBay and Microsoft. No…

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Tencent and Alibaba Group have lost more than $100 billion in July as China cracked down on internet giants

The storm of regulatory changes ⁠— from new protection for workers to enforcement of minimum salari…

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SoftBank pumps in Rs 1,675 crore in Ola

SoftBank subsidiary SIMI Pacific Pte picked 12,97,945 shares valued at Rs 10 at a premium of Rs …

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Byju's most valuable startup in India and 11th in the world with a valuation of $16.5 billion

Edtech company Byju's is now India's most valuable unicorn startup with a valuation of $16.5 billio…

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Indian unicorn Flipkart's board approves $15 billion deal with Walmart

Both the companies have signed tentative agreements on May 3, 2018, and the deal will apparent…