Page 3 - Tencent Holdings

China's Tencent Holdings plans to raise $4 bn in bond deal: Details here

Tencent raised $6 billion in May last year and issued 40-year debt for the first time

Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators

Beijing-headquartered Waterdrop distributes insurance policies online and provides illness crowd-funding

China set to clear Tencent's $3.5 bn deal to acquire search engine Sogou

The move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict conditions

Tencent's Timi gaming studio generated $10 billion in 2020: Report

The $10 billion would make Timi the world's largest developer, the sources say, which many industry watchers had suspected to be the case

China's Tencent reports 28% revenue growth in 2020 at $74 billion

Chinese Internet giant Tencent has reported a 28 per cent year-on-year growth in revenue for 2020, raking in around 482 billion yuan (about $73.9 billion)

Tencent Holdings profit beats expectations even with tech crackdown

Regulators are said to be considering forcing the firm to overhaul its promising fintech division in a similar fashion to Jack Ma's Ant Group Co

Tencent's quarterly profit jumps 175%, above Wall Street forecast

Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in quarterly profit

Tencent boss meets China antitrust officials as scrutiny widens: Report

Pony Ma, the reticent founder of Tencent Holdings, China's biggest social media and video games company, met with China's antitrust watchdog officials this month to discuss compliance at his group

Tencent faces concessions to win green light for giant videogaming merger

Tencent is having to offer concessions in a plan to merge the country's top two videogame live-streaming sites in order to resolve antitrust concerns, people with knowledge of the matters said

China regulators held talks with Alibaba, Tencent, 9 more on deepfake tech

Chinese regulators summoned 11 domestic technology companies including Alibaba Group, Tencent and ByteDance for talks on use of 'deepfake' on their platforms, stepping up scrutiny of the sector

Tencent loses $62 bn in 2-day rout, wiping out value of fintech business

Like Ant, it will probably be required to establish a financial holdco

Pony Ma's Tencent Holdings faces broad China clampdown on fintech, deals

Antitrust regulator fines twelve companies under anti-monopoly law

PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data

January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020

Tencent exec being probed over links to 'personal' corruption allegations

The move comes amid Beijing's unprecedented crackdown on its home-grown internet platforms

Tencent executive held by China over links to corruption case: Report

Tencent's shares fell 1.4% in early trade in Hong Kong on Thursday, while the broader market slipped 0.3%

Tencent bolsters defenses for core businesses as ByteDance enters its turf

To buttress its core gaming division, the Shenzhen-based company has also stepped up acquisitions and the development of casual games

Tencent fires 100 employees, blacklists 37 firms in anti-graft campaign

Tencent, China's biggest social media and video games company, said in a social media post that it had reported 40 employees to authorities since it started an anti-graft campaign in fourth quarter

Chinese state media celebrates top entrepreneurs, but not Jack Ma

Ma, lionised at home for creating some of his country's largest corporations, didn't make the cut in a Shanghai Securities News front-page commentary lauding the leading lights of technology

China plans on curbing monopoly in online payments may hit Ant, Tencent

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group Co. and its biggest rival Tencent Holdings

US considering adding Alibaba, Tencent to China stock ban: Report

The Trump administration is considering adding Alibaba Group Holding and Tencent Holdings to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military