Tencent Holdings

Byju's turns profitable for first time, reports total revenue of Rs 1,430 crore in FY19; gears up for US market entry

Byju's said the growth in revenue was fuelled by deeper penetration across India and significant growth in the number of paid subscribers

Tencent rethinking its overseas strategy on gaming after Arena of Valor failure

Tencent has become conscious of local sensibilities in the wake of its marketing missteps for Arena of Valor.

Ola banned for six months in Karnataka for violating government rules

Ola banned for running motorcycle taxis in Karnataka, misusing the license granted by the authorities.

South Korean automaker Hyundai Motor in talks with Ola, may invest $250 million in latest funding round

The deal, which is at advanced stages of discussion, is likely to close in next few weeks. The investment will give Hyundai about a 4 percent stake in Ola

Swiggy's parent Bundl Technologies invests Rs 31.2 crore in Mumbai-based ready-to-cook food brand Fingerlix

Founded in 2014, Swiggy currently connects consumers to over 60,000 restaurant partners across more than 80 cities

China asks authorities to stops taking requests for new game titles as it processes a backlog

Tencent is awaiting a license to monetize is “PlayerUnknown’s Battlegrounds Mobile” in China.

Tencent considering bid for South Korean gaming company Nexon: Report

Nexon founder Kim Jung-ju plans to sell a 98.64 percent stake in Nexon's holding firm NXC Corp.

Sachin Bansal pumps in Rs 150 cr in Ola, more investments on the cards; firm eyes to raise $1 bn in funding

The allotment of these shares to Bansal is part of Ola's plans to raise about $1 billion in funding, they added.

Didi Chuxing launches crowdfunding, lending services to diversify business

The products bring Didi into competition with investor Alibaba Group Holding Ltd.

China approves release of 80 online video games after an eight month freeze

China, the world’s biggest gaming market, stopped approving new video games in March.