Latest News on Tencent
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Tencent - Total results - 142
Nov 22, 2017
Tencent bringing Playerunknown’s Battleground with a socialist makeover to meet stringent rules in ChinaTencent, which recently outstripped Facebook Inc in market value, said it had won the exclusive rights to the game in China.
Nov 22, 2017
Tencent Holdings beats Facebook's market value making it the world's 5th most valuable companyOnly Apple Inc with a market capitalisation of about $873 billion followed by Alphabet Inc, Microsoft Corp and Amazon are worth more.
Nov 21, 2017
Tencent has become the first technology firm from China to be valued over $500 billionCrossing the $ 500 billion mark now places the 19-year-old company Tencent in the same league as that of Microsoft, Facebook, Alphabet, Apple, and Amazon.
Nov 21, 2017
Tencent to make Malaysia the first foreign country for rolling out its WeChat ecosystemWeChat Pay and Alibaba’s Alipay, which dominate China’s digital payment market, have sought to expand their global footprint.
Nov 15, 2017
Tencent posts 69 percent jump in quarterly net profit; becomes the most valuable company in AsiaNet profit for the three months rose to 18 billion yuan ($2.72 billion), said China’s largest social media and gaming company Tencent.
Nov 09, 2017
Tencent Holdings claims that it could help Snap Inc publish video games and boost its ad salesTencent shares do not have voting power and it will not have a board seat, but the two companies broadly believe in cooperation that goes beyond.
Nov 08, 2017
Tencent buys 12 percent stake in Snapchat operator SnapSnap shares had slumped nearly 20 percent in the third quarter after disappointing Wall Street with much-slower-than expected advertising revenue.
Oct 30, 2017
China unlikely to grant license to video game PlayerUnknown’s Battlegrounds due to graphic contentThe game’s gladiator-like battle “severely deviates from the socialist core value and the Chinese traditional culture and moral rule", said China.
Oct 28, 2017
Alibaba has struck a deal to buy 49 percent stake in NBA's Brooklyn NetsUnder the terms of the deal, Tsai would have the option to buy a controlling interest in the next few years, the sources said.
Oct 23, 2017
Tesla reaffirms setting up a factory in Shanghai by the year end; no deal reached yetTesla would still have to pay a 25 percent duty on cars built in a free trade zone, but it could lower its production costs.