You Searched For "tencent investments" and got 19 results
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2 mins read
India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.
The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…
Shubhangi Goel
2 mins read
Nvidia's investment in startups has nearly tripled as other tech heavyweights pull back
Nvidia's venture investing saw a 280% year-over-year increase as the firm unleashed its cash pile o…
Filip De Mott
2 mins read
Chinese e-commerce site JD.com surges 17% as the company reports record user growth in the 2nd quarter and plays down impact of tech crackdown
Some international investors seemed to be wading back into Chinese tech stocks on Tuesday, with big…
Ethan Wu
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
Something weird just went down in the stock market, and Wall Street is speculating it's the result of a fund liquidation
Shares of ViacomCBS and Discovery fell as much as 35% Friday, while US-listed shares of China's Bai…
Victoria Cavaliere
3 mins read
OpenAI competitors from China: Alibaba, Bytedance, Tencent, and others vie for a 'winner-take-all' AI market
China's largest companIes including Alibaba, Bytedance and Tencent have all built tools to compete …
Monica Melton
6 mins read
If Alibaba and Tencent are rolled into one, it may look a lot like Mukesh Ambani’s Reliance Jio — only much smaller for now
Now, some see Jio as the next Alibaba, and some see it as India’s Tencent. Or is it both rolled …
1 min read
PUBG's South Korean parent invests $22.4 million in Indian esports company Nodwin Gaming
PUBG Mobile developer Krafton has invested $22.4 million in the homegrown esports company Nodwin Ga…
1 min read
Tesla is going to 'keep blowing our minds' even with Elon Musk distracted by Twitter, Tencent executive says
Tesla is still doing "great work" and will continue to do so despite Elon Musk's focus on Twitter, …
Zahra Tayeb
1 min read
Tencent has 73% upside now that the recent Beijing-driven Chinese stock sell-off has created the best setup since 2018, Goldman says
Tencent has made 168 investments year-to-date, which is more than double and triple the number of i…
Matthew Fox
1 min read
A Singaporean tech stock has skyrocketed a world-beating 1,100% since the start of 2019
Sea's market capitalization has mushroomed from about $5 billion to more than $64 billion over the …
Theron Mohamed
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
Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments
Jack Ma's family office was set to sell 10 million Alibaba shares this week to invest in agricultur…
Huileng Tan
2 mins read
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…
2 mins read
The Netflix of China skyrockets 38% after Tencent eyes potential investment, report says
A deal between Tencent and iQIYI would combine two streaming video giants that each had more than 1…
Matthew Fox
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
3 mins read
Montana GOP Senate candidate would be in the top 10 richest lawmakers — and his investments are sure to irk some conservatives
The ultra-wealthy aerospace executive is GOP leadership's pick to run against Democratic Sen. Jon T…
Bryan Metzger
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 …