tencent

  1. J

    Tencent bets big on esports in China

    Tencent bets big on esports in China The screams of 18,000 people packed into a Shanghai stadium swell to a crescendo. Slight of figure and mostly bespectacled, 10 young men take their seats in LED-lined boxes straight out of Tron, don headsets, lock thumbs onto giant smartphones -- and the...
  3. J

    Tencent builds online trading platform for Chinese bonds

    Tencent builds online trading platform for Chinese bonds Tencent Holdings Ltd. is joining forces with a finance startup to create a system for over-the-counter bond deals, banking on its appeal to the army of traders that already rely on its popular messaging services. China’s biggest...
  4. J

    Tencent-backed electric car startup to file for IPO

    Tencent-backed electric car startup to file for IPO NIO, the Chinese electric-vehicle startup backed by Tencent Holdings Ltd., has filed confidentially for a planned U.S. initial public offering, people with knowledge of the matter said. The Shanghai-based carmaker has submitted an initial...
  5. J

    Tencent surges after delivering record profit

    Tencent surges after delivering record profit Tencent Holdings Ltd. surged after delivering record profit that topped analyst estimates, calming investors who’d braced for a big hit to margins. The stock climbed as much as 7.1 percent in Hong Kong, its biggest intraday gain in more than...
  6. J

    Tencent revenue tops estimates due to mobile games

    Tencent revenue tops estimates due to mobile games Tencent Holdings Ltd. posted a quarterly profit that exceeded estimates, bolstered by mobile game blockbusters like PlayerUnknown’s Battlegrounds as users on China’s most popular social network surpassed a billion for the first time...
  7. J

    Tencent down $77 billion as it faces worst margins ever

    Tencent down $77 billion as it faces worst margins ever After the giddy heights of January when its shares hit an all-time high, Tencent Holdings Ltd. has shed $77 billion in value as investors price in the costs of the Internet giant’s massive spending spree. Results on Wednesday are...
  8. J

    Tencent-backed app to seek $4-billion IPO

    Tencent-backed app to seek $4-billion IPO Yet another Chinese technology company is headed for an initial public offering. [Bloomberg]
  9. J

    Why Naspers sold its stake in Tencent

    Why Naspers sold its stake in Tencent Naspers on Thursday said it would sell as much as 190 million Tencent shares, equal to 2 percent of Tencent’s total issued share capital. [Bloomberg]
  10. J

    Tencent to buy stake in Chinese supermarket chain

    Tencent to buy stake in Chinese supermarket chain Tencent will buy a stake in Chinese supermarket chain Yonghui Superstores Co. for about 4.22 billion yuan .
  11. J

    Tencent climbs after posting fastest revenue growth in 7 years

    Tencent climbs after posting fastest revenue growth in 7 years Tencent Holdings Ltd. rose in Hong Kong after posting accelerating sales growth and topping the most optimistic of analyst estimates.
  12. Newsfeed

    Tencent joins OpenStack as gold member

    Tencent joins OpenStack as gold member
  13. J

    Naspers chairman defends $132-billion stake in Tencent

    Naspers chairman defends $132-billion stake in Tencent Chairman Koos Bekker countered criticism Naspers relies too heavily on its $132 billion stake in Chinese media company Tencent.
  14. J

    Tencent sees massive growth thanks to WeChat and mobile gaming

    Tencent sees massive growth thanks to WeChat and mobile gaming Tencent Holdings is reaping the rewards of marrying social media with mobile gaming.
  15. J

    Amazon and Tencent back Essential phone manufacturer

    Amazon and Tencent back Essential phone manufacturer Amazon has joined Tencent Holdings and the main assembler of iPhones in backing Essential Products.
  16. J

    Girl gamers dominate Tencent's hardcore battle arena game

    Girl gamers dominate Tencent's hardcore battle arena game U.S. game companies might learn a thing or two from Tencent Holdings Ltd. when it comes to bringing out the women.
  17. Newsfeed

    Tencent’s business model is fine

    Tencent’s business model is fine Investors are in a tizz about the prospects for Tencent Holdings Ltd. after two scathing state-media attacks and the company’s own decision to rein in underage gaming. That served as an excuse to profit from the stock’s big rise this year.
  18. Newsfeed

    Tencent adds time limit to addictive mobile game

    Tencent adds time limit to addictive mobile game Tencent will limit play time for users under the age of 18 for one of its mobile games, following complaints that the game is too addictive for children, reported Reuters.
  19. F

    Cloud Storage War in China

    As a native Chinese, let me tell you what happend in the area of cloud storage in China and the details.This is called "Cloud Storage War in China" First of all, you should know the top cloud storage companies in China: Baidu, Tencent, Sina, Kingsoft, Qihoo 360, Huawei. Before, China’s...
  20. jes

    Tencent bets on high-stakes mobile games

    Tencent rolls the dice on mobile games Tencent, China’s largest Internet company by revenue, is betting that addictive mobile games will boost revenue from WeChat
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