You Searched For "tencent investments" and got 20 results
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1 min read
Sony shares slump after Microsoft plans to buy largest game company
The deal worth $68.7 bn, would be Microsoft's biggest ever buyout and the largest deal in gaming…
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
More and more Chinese tech giants, including the search firm Baidu, are trademarking metaverse terms even as China continues to issue warnings about it
The Nasdaq-listed gaming giant NetEase and the e-commerce giant Alibaba have also jumped on the met…
Huileng Tan
6 mins read
Twitter, Tiger Global, Tencent and others have pumped in over $900 million into India’s vernacular social media platforms in a year
After InShorts’ Public app, Bengaluru-based Lokal app is the latest desi social media platform to g…
2 mins read
Walmart reportedly raising up to $3 bn for Flipkart to expand India biz
With new funds, Flipkart's valuation is set to soar to more than $40 billion, giving a fillip to…
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
1 min read
China's tech titans scramble to buy $5 billion of Nvidia chips as US bans investment in key Chinese sectors, report says
Alibaba, TikTok-owner Bytedance, and other Chinese tech giants have reportedly rushed to order Nvid…
Joseph Wilkins
2 mins read
PolicyBazaar plans to raise close to $870 million through its IPO at a likely valuation of $3.5 billion
PolicyBazaar’s parent company PB Fintech is planning to raise ₹6,500 crore (around $871 million) IP…
6 mins read
Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba
China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…
2 mins read
Tencent tumbles 10% following Trump's executive order targeting TikTok and WeChat
The orders escalate US-China tensions as investors continue to grapple with economic recession and …
Ben Winck
2 mins read
Tencent eyes silver generation with investment in video app for dancing grannies
In public squares across China, groups of middle-aged women and seniors regularly gather at dusk an…
3 mins read
The Department of the Treasury is reportedly looking into the American companies behind 'Fortnite' and 'League of Legends' over their ties to Chinese tech titan Tencent
After banning TikTok and WeChat for connections to China, the US government is setting its sights o…
Ben Gilbert
2 mins read
Cathie Wood says she sees potential in disruptive Chinese tech firms, even though their shares have tumbled recently
Despite strong volatility in the sector and recent share price tumbles, Ark Invest CEO Cathie Wood …
Sophie Kiderlin
2 mins read
MS Dhoni-backed Khatabook adds to its line-up of star investors — Sequoia and Tencent get more stake in India's largest small business app
Indian fintech startup Khatabook has raised $60 million in a series B round of funding led by globa…
2 mins read
Japanese ecommerce giant Rakuten jumps 24% after disclosing sale of stake to Walmart, Tencent
Rakuten plans to issue 211,656,500 shares at the equivalent of around $10.50 eacg with a payment da…
Isabelle Lee
2 mins read
Epic Games, maker of 'Fortnite,' saw its value rise by $17 billion in just 8 years — a more than twentyfold increase
In 2012, "Fortnite" maker Epic Games was valued at under $1 billion. By 2020, the company has grown…
Ben Gilbert
2 mins read
The little-known video game studio that created the smash hit 'PUBG' is planning an IPO that could take its value to a whopping $27 billion, report says
Krafton plans to release three more games by 2022, all of which will be based on, or related to, "P…
Shalini Nagarajan
7 mins read
‘If I had Apple and Tencent, I would have sold them by now,’ says Jim Rogers
Commodities guru, international investor and author Jim Rogers is betting on what he has always bel…
2 mins read
It's not just Facebook - China's big tech firms like Alibaba and Tencent are also piling into the metaverse
Chinese tech giants are eyeing the metaverse space with new investments, joining peers like Faceboo…
Huileng Tan
4 mins read
China reportedly demanded that big Chinese tech companies like Alibaba process stolen US data for the nation's top spies upon request
Foreign Policy spoke to 36 US officials, who said China forcing its firms to process stolen data re…