You Searched For "tencent holdings" and got 17 results
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2 mins read
Tencent to acquire Ubisoft? Here is what the Assassin's Creed maker says
A Bloomberg report had earlier said that Tencent might be exploring the possibility of teaming up w…
1 min read
TikTok owner ByteDance slashes thousands of jobs
TikTok's China-based owner ByteDance has laid off hundreds of workers across multiple departments, …
2 mins read
Tencent shrugged off a new US AI chip ban, saying it's stockpiled enough Nvidia processors for 'a couple more generations'
The Chinese tech giant says it's sitting on a massive stockpile of Nvidia H800 processors.
Matthew Loh
1 min read
Tencent falls nearly 8% after the firm's largest shareholder said it plans to sell $14.6 billion of its holdings
Prosus said it plans to sell $14.6 billion of Tencent stock, but it will remain the tech giant's la…
Will Daniel
2 mins read
Investors are preparing to vote on whether China's ride-hailing app Didi will delist from the NYSE after year-long slide that erased $60 billion from its market value
Last June, Didi listed on the New York Stock Exchange despite Beijing's reluctance. Shortly after, …
Weilun Soon
2 mins read
Tencent tumbles 10% after Chinese media slams online gaming for being addictive, raising concern that regulators may target this sector next
China's Economic Information Daily said teenage addiction to online gaming is widespread and could …
Shalini Nagarajan
3 mins read
China's Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees
Xiaohongshu said it's laying off up to 10% of its workforce. The cuts add to the tens of thousands …
Weilun Soon
2 mins read
Hong Kong stocks leap as Alibaba, Tencent, and Meituan rocket over 20% after China pledges to keep markets stable
Chinese Vice Premier Liu He promised policies that would boost financial markets and spur economic …
Shalini Nagarajan
2 mins read
Tesla will 'keep blowing our minds' despite Elon Musk's preoccupation with Twitter, an executive at Chinese tech giant Tencent said
Tencent's chief exploration officer said Elon Musk "has a lot of projects" to focus on but he think…
Sawdah Bhaimiya
1 min read
Tencent and NetEase fall as China reportedly tightens restrictions on video games industry
Tencent and NetEase were called to meet with regulators about new restrictions on video gaming for …
Insider Inc.
2 mins read
China cuts video game time for kids to 3 hours each week
Sorry, kids: China's government is cutting down on game time for kids to just three hours per week,…
Ben Gilbert
2 mins read
China's government is buying Alibaba and Tencent shares that give the Communist Party special rights over certain business decisions, report says
The stakes usually involve a 1% holding and are known as "special management shares," according to …
Brian Evans
2 mins read
Alibaba, Tencent and other Chinese techs slide in Hong Kong after Didi bows to pressure to delist in New York
Chinese techs in Hong Kong fell after ride-hailing giant Didi bowed to pressure to pull its US off…
Karen Friar
2 mins read
Tencent sheds $65 billion in 2 days as investors fear a Chinese government crackdown
Chinese authorities are stepping up its scrutiny of the country's fintech firms, and Tencent could …
Harry Robertson
3 mins read
3 reasons to stick with Chinese stocks even as they are battered by regulation, according to Allianz
Investors in Chinese stocks have historically been rewarded with long-term outperformance, said All…
Carla Mozée
3 mins read
Tencent joins Alibaba and Bytedance in making Singapore its new headquarters after India ban and tensions in the US
The Chinese app developer behemoth Tencent Holdings has had a rough month. But, it hopes to turn th…
2 mins read
PUBG Mobile will no longer be developed by Tencent in India but experts say that may not be enough
The battle royale game with more than 50 million active players in India, PlayerUnknown’s Battlegro…