You Searched For "tencent money" and got 20 results
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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…
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
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
3 mins read
China is cracking down on celeb gossip and 'feudal superstitions' to keep citizens from misbehaving during Chinese New Year and the Olympics
China's internet regulator will target content — like soft pornography, violence, and suicide…
Weilun Soon
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…
4 mins read
Alibaba, Tencent, and other Chinese players are betting big on the metaverse — but the government is yet to buy into the hype
This even as industry leaders in the country — including the Ant Group and Tencent Holdings — re…
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
2 mins read
Amid India-China standoff, Tencent is back with an investment in Flipkart
Flipkart has not yet responded to Business Insider’s queries. The story will be updated as a…
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
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
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
Mobile app spending surpassed $100 billion worldwide in 2020, hitting an all-time record
Mobile app spending spiked in 2020, as stay-at-home orders forced people to change the way they sho…
Grace Kay
3 mins read
How Facebook, Apple, and Google have tried to copy WeChat, the massively popular Chinese messaging app that Trump is trying to ban
WeChat popularized the idea of using a single messaging app for everything, a move that Facebook, A…
Lisa Eadicicco
3 mins read
10 Things in Tech: Say goodbye to the US car market as we know it, TikTok will pay for AR filters, and YouTubers share how they make money
In today's edition: IBM employee on sick leave for 15 years sues company, YouTubers share how to ma…
Diamond Naga Siu
2 mins read
Ola raises half-a-billion dollars from Temasek and Warburg ahead of its IPO
Ride hailing giant Ola has raised $500 million from investment titans Temasek and Warburg Pincus, a…
2 mins read
PUBG announces Mobile India Tour with a prize pool of ₹15 million
While there are no restrictions to the number of players registering in a group, the number …
2 mins read
Zhuhai district government proposes ban on WeChat work group messages sent after hours
Zhuhai district government proposes ban on WeChat work group messages sent after hours
2 mins read
Tencent cashes in with PUBG mobile game replacement, as title takes in US$14 million in 72 hours
The Game for Peace iOS version was also the most downloaded free game and top-grossing game in …
2 mins read
Khatabook’s valuation touches $600 million with zero revenue to show
Bookkeeping app Khatabook’s valuation has touched $600 million even though the company is still in …
2 mins read
Flipkart raises $3.6 billion at a valuation of over $37 billion, to focus on ‘millions of small and medium Indian businesses’
Walmart-owned e-commerce titan Flipkart has raised $3.6 billion (approx. ₹26,800 crore at current r…